Guyana (GUY) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Guyana-Vietnam Trade: In 2022, Guyana exported $2.04M to Vietnam. The main products that Guyana exported to Vietnam were Wood Stakes ($1.05M), Sawn Wood ($641k), and Shaped Wood ($273k). Over the past 5 years the exports of Guyana to Vietnam have decreased at an annualized rate of 8.82%, from $3.23M in 2017 to $2.04M in 2022.

In 2022, Guyana did not export any services to Vietnam.

Vietnam-Guyana Trade: In 2022, Vietnam exported $3.43M to Guyana. The main products that Vietnam exported to Guyana were Other Furniture ($1.19M), Flavored Water ($508k), and Prefabricated Buildings ($290k). Over the past 5 years the exports of Vietnam to Guyana have increased at an annualized rate of 28.7%, from $970k in 2017 to $3.43M in 2022.

In 2022, Vietnam did not export any services to Guyana.

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index. That same year, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $2.04M to Vietnam. The main products exported from Guyana to Vietnam were Wood Stakes ($1.05M), Sawn Wood ($641k), and Shaped Wood ($273k). During the last 5 years the exports of Guyana to Vietnam have decreased at an annualized rate of 8.82%, from $3.23M in 2017 to $2.04M in 2022.

In 2017, Vietnam exported $3.43M to Guyana. The main products exported from Vietnam to Guyana were Other Furniture ($1.19M), Flavored Water ($508k), and Prefabricated Buildings ($290k). During the last 5 years the exports of Vietnam to Guyana have increased at an annualized rate of 28.7%, from $970k in 2022 to $3.43M in 2017.

Exports from Guyana () to Vietnam () (2022)

Exports from Vietnam () to Guyana () (2022)

Latest Data

Trade between Guyana () and Vietnam ()

Guyana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Vietnam
Top DestinationUnited States$117B

This map shows whether countries import more from Guyana or Vietnam. Each country is colored based on the difference in imports they receive from Guyana and Vietnam or the difference in the growth in imports.

In 2022, countries that imported more from Guyana than Vietnam included Panama ($5.84B), Aruba ($156M), and Jamaica ($101M).

In 2022, countries that imported more from Vietnam than Guyana included United States ($117B), China ($58.7B), and South Korea ($25.2B).

Difference in imports from Vietnam () and Guyana () (2022)

Comparative Advantage Guyana - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Guyana and Vietnam by product, considering products traded by both, Guyana and Vietnam.

During 2022, Guyana had a large net trade with Vietnam in the exports of Wood Products ($2.04M).

During 2017, Vietnam had a large net trade with Guyana in the exports of Miscellaneous ($1.5M), Machines ($737k), and Foodstuffs ($663k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Guyana and Vietnam. This means that a dot/product with the flag of Guyana indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over Guyana.

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Historical Data

Bilateral Trade by Products

Exports from Guyana () to Vietnam () (2022)

Exports from Vietnam () to Guyana () (2022)

Latest Data

Trade between Guyana () and Vietnam ()

Guyana Exports

Market Competitiveness

Difference in imports from Vietnam () and Guyana () (2022)

Comparative Advantage Guyana - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guyana () and Vietnam () (2022)

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