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2023
Flag → Flag
Exports $99.9MRnk 142 / 220
2023
Flag → Flag
Top Product $12.5MPassenger and Cargo Ships
2023
Flag → Flag
Exports $325MRnk 15 / 147
2023
Flag → Flag
Top Product $310MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
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 GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
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GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
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GDP PC$20,765CURRENT US$
Rnk 63 / 196
2013-2023
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GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195

About

India-Guyana Trade: In 2023, India exported $99.9M to Guyana. The main products that India exported to Guyana were Passenger and Cargo Ships ($12.5M), Packaged Medicaments ($10.1M), and Other Electrical Machinery ($8.35M). Over the past 5 years the exports of India to Guyana have increased at an annualized rate of 23.9%, from $34.2M in 2018 to $99.9M in 2023.

In 2023, India did not export any services to Guyana.

Guyana-India Trade: In 2023, Guyana exported $325M to India. The main products that Guyana exported to India were Crude Petroleum ($310M), Aluminium Ore ($8.34M), and Scrap Iron ($2.48M). Over the past 5 years the exports of Guyana to India have increased at an annualized rate of 164%,  from $2.51M in 2018 to $325M in 2023.

In 2023, Guyana did not export any services to India.

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, India exported $6.46M and imported $9.45k from Guyana, resulting in a positive trade balance of $6.45M. Between November 2023 and November 2024 the exports of India have increased by $362k (5.93%) from $6.1M to $6.46M, while imports decreased by $-499k (-98.1%) from $508k to $9.45k.

Growth In November 2024, the increase in India's year-by-year exports to Guyana was explained primarily by an increase in product exports in Motor Vehicle/Cars ($1.53M or 2.66k%), Cosmetics And Toiletries ($189k or 3.84k%), and Footwear Of Leather ($100k or 13.1k%). In November 2024, the decrease in India's year-by-year imports  from Guyana was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$362k(5.93%)
IMPORT GROWTH (November 2023 - November 2024)$-499k(-98.1%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Guyana and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guyana and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $99.9M to Guyana. The main products exported from India to Guyana were Passenger and Cargo Ships ($12.5M), Packaged Medicaments ($10.1M), and Other Electrical Machinery ($8.35M). During the last 5 years the exports of India to Guyana have increased at an annualized rate of 23.9%, from $34.2M in 2018 to $99.9M in 2023.

In 2018, Guyana exported $325M to India. The main products exported from Guyana to India were Crude Petroleum ($310M), Aluminium Ore ($8.34M), and Scrap Iron ($2.48M). During the last 5 years the exports of Guyana to India have increased at an annualized rate of 164%, from $2.51M in 2023 to $325M in 2018.

Exports from India (Flag) to Guyana (Flag) (2023)

Exports from Guyana (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Guyana
Top DestinationUnited States$3.51B

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

In 2023, countries that imported more from India than Guyana included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Guyana than India included Trinidad and Tobago ($1.9B), Panama ($519M), and Suriname ($170M).

Difference in imports from Guyana (Flag) and India (Flag) (2023)

Comparative Advantage India - Guyana

Flow
Scale

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

During 2023, India had a large net trade with Guyana in the exports of Machines ($24.2M), Transportation ($22M), and Chemical Products ($17M).

During 2018, Guyana had a large net trade with India in the exports of Mineral Products ($319M), Metals ($3.22M), and Wood Products ($1.6M).

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Guyana (Flag) (2023)

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