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2023
Flag → Flag
Exports $27.2MRnk 121 / 217
2023
Flag → Flag
Top Product $4.5MExcavation Machinery
2023
Flag → Flag
Exports $1.66BRnk 4 / 147
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195

About

Singapore-Guyana Trade: In 2023, Singapore exported $27.2M to Guyana. The main products that Singapore exported to Guyana were Excavation Machinery ($4.5M), Large Construction Vehicles ($3.26M), and Chocolate ($1.04M). Over the past 5 years the exports of Singapore to Guyana have increased at an annualized rate of 31.7%, from $6.86M in 2018 to $27.2M in 2023.

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

Guyana-Singapore Trade: In 2023, Guyana exported $1.66B to Singapore. The main products that Guyana exported to Singapore were N/A. Over the past 5 years the exports of Guyana to Singapore have increased at an annualized rate of 252%,  from $3.05M in 2018 to $1.66B in 2023.

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

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). That same year, Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $27.2M to Guyana. The main products exported from Singapore to Guyana were Excavation Machinery ($4.5M), Large Construction Vehicles ($3.26M), and Chocolate ($1.04M). During the last 5 years the exports of Singapore to Guyana have increased at an annualized rate of 31.7%, from $6.86M in 2018 to $27.2M in 2023.

In 2018, Guyana exported $1.66B to Singapore. There were not main exports from Guyana to Singapore in 2018. During the last 5 years the exports of Guyana to Singapore have increased at an annualized rate of 252%, from $3.05M in 2023 to $1.66B in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Guyana (Flag)

Singapore Exports

Guyana Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Guyana
Top DestinationUnited States$3.51B

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

In 2023, countries that imported more from Singapore than Guyana included Hong Kong ($44.5B), China ($36.7B), and Malaysia ($31.4B).

In 2023, countries that imported more from Guyana than Singapore included Trinidad and Tobago ($1.9B), Greece ($409M), and Suriname ($170M).

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

Comparative Advantage Singapore - Guyana

Flow
Scale

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

During 2023, Singapore had a large net trade with Guyana in the exports of Machines ($13.6M), Instruments ($2.21M), and Transportation ($1.9M).

During 2018, Guyana had a large net trade with Singapore in the exports of Mineral Products ($1.64B), Metals ($16.2M), and Instruments ($1.05M).

Economic Complexity

Competitive Landscape

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

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

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