2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Russia-Guyana In 2022, Russia exported $2.25M to Guyana. The main products that Russia exported to Guyana are Prepared Explosives ($743k), Refined Petroleum ($703k), and Detonating Fuses ($700k). During the last 25 years the exports of Russia to Guyana have increased at an annualized rate of 25.4%, from $7.82k in 1997 to $2.25M in 2022.

In 2020, Russia exported services to Guyana worth $43k, with Other business services ($16k), Transportation ($12k), and Communications services ($10k) being the largest in terms of value.

Guyana-Russia In 2022, Guyana exported $428 to Russia. The main products that Guyana exported to Russia were Alcohol > 80% ABV ($60), Sports Equipment ($60), and Interchangeable Tool Parts ($44). During the last 25 years the exports of Guyana to Russia have decreased at an annualized rate of 20.5%, from $134k in 1997 to $428 in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42),  and 12 in total exports ($486B). That same year, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $2.25M to Guyana. The main products exported from Russia to Guyana were Prepared Explosives ($743k), Refined Petroleum ($703k), and Detonating Fuses ($700k). During the last 25 years the exports of Russia to Guyana have increased at an annualized rate of 25.4%, from $7.82k in 1997 to $2.25M in 2022.

In 2022, Guyana exported $428 to Russia. The main products exported from Guyana to Russia were Alcohol > 80% ABV ($60), Sports Equipment ($60), and Interchangeable Tool Parts ($44). During the last 26 years the exports of Guyana to Russia have decreased at an annualized rate of 20.5%, from $134k in 1996 to $428 in 2022.

Exports from Russia (Flag) to Guyana (Flag) (2022)

Exports from Guyana (Flag) to Russia (Flag) (2022)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Guyana
Top Destination
Panama$5.84B

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

In 2021, countries that imported more from Russia than Guyana were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Guyana than Russia were Panama ($5.84B), Aruba ($156M), and Venezuela ($97.3M).

Difference in imports from Guyana (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - Guyana

Flow
Scale

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

During 2022, Russia had a large net trade with Guyana in the exports of Chemical Products ($1.47M), Mineral Products ($703k), and Foodstuffs ($32.3k).

During 2022, Guyana had a large net trade with Russia in the exports of Metals ($122), Miscellaneous ($108), and Foodstuffs ($60).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Guyana worth $43k, with Other business services ($16k), Transportation ($12k), and Communications services ($10k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Guyana (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Russia has comparative advantage over Guyana. Similarly, the more yellow a dot/product is, the more Guyana has comparative advantage over Russia.

Product Space of Russia (Flag) and Guyana (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with