Portugal (PRT) and Guyana (GUY) Trade | The Observatory of Economic Complexity

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Portugal-Guyana In 2022, Portugal exported $1.21M to Guyana. The main products that Portugal exported to Guyana are Plastic Lids ($292k), Excavation Machinery ($174k), and Iron Structures ($171k). During the last 27 years the exports of Portugal to Guyana have increased at an annualized rate of 0.072%, from $1.18M in 1995 to $1.21M in 2022.

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

Guyana-Portugal In 2022, Guyana exported $118M to Portugal. The main products that Guyana exported to Portugal were Rice ($117M), Engine Parts ($574k), and Chemical Analysis Instruments ($172k). During the last 27 years the exports of Guyana to Portugal have increased at an annualized rate of 9.81%, from $9.47M in 1995 to $118M in 2022.

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

Comparison In 2022, Portugal ranked 40 in the Economic Complexity Index (ECI 0.58), and 48 in total exports ($81.7B). That same year, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

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Overview In January 2024, Portugal exported €126k and imported €1.82M from Guyana, resulting in a negative trade balance of €1.69M. Between January 2023 and January 2024 the exports of Portugal have increased by €114k (922%) from €12.4k to €126k, while imports increased by €1.82M (N/A%) from €0 to €1.82M.

Trade In January 2024, the top exports of Portugal to Guyana were Machinery, mechanical appliances, & parts (€12.4k), Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), and Edible products of animal origin, n.e.s. (€0). In January 2024 the top imports of Portugal from Guyana were Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In January 2024, the increase in Portugal's year-by-year exports to Guyana was explained primarily by an increase in product exports in . In January 2024, the increase in Portugal's year-by-year imports from Guyana was explained primarily by an increase in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€114k(922%)

IMPORT GROWTH (January 2023 - January 2024)€1.82M(N/A%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Portugal exported $1.21M to Guyana. The main products exported from Portugal to Guyana were Plastic Lids ($292k), Excavation Machinery ($174k), and Iron Structures ($171k). During the last 27 years the exports of Portugal to Guyana have increased at an annualized rate of 0.072%, from $1.18M in 1995 to $1.21M in 2022.

In 2022, Guyana exported $118M to Portugal. The main products exported from Guyana to Portugal were Rice ($117M), Engine Parts ($574k), and Chemical Analysis Instruments ($172k). During the last 27 years the exports of Guyana to Portugal have increased at an annualized rate of 9.81%, from $9.47M in 1995 to $118M in 2022.

Exports from Portugal () to Guyana () (2022)

Exports from Guyana () to Portugal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$20.5B

Guyana
Top DestinationPanama$5.84B

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

In 2021, countries that imported more from Portugal than Guyana were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Guyana than Portugal were Panama ($5.84B), United Arab Emirates ($1.18B), and Aruba ($156M).

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

Comparative Advantage Portugal - Guyana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Portugal had a large net trade with Guyana in the exports of Machines ($310k), Plastics and Rubbers ($297k), and Metals ($285k).

During 2022, Guyana had a large net trade with Portugal in the exports of Vegetable Products ($117M), Machines ($600k), and Instruments ($172k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Guyana. Similarly, the more yellow a dot/product is, the more Guyana has comparative advantage over Portugal.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Portugal () to Guyana () (2022)

Exports from Guyana () to Portugal () (2022)

Market Competitiveness

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

Comparative Advantage Portugal - Guyana

Economic Complexity

Competitive Landscape

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

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