Sweden (SWE) and Guyana (GUY) Trade

About

Sweden-Guyana: In 2018, Sweden exported $3.27M to Guyana. The main products that Sweden exported to Guyana are Margarine ($529k), Lifting Machinery ($511k), and Telephones ($372k). During the last 23 years the exports of Sweden to Guyana have increased at an annualized rate of 5.22%, from $1.01M in 1995 to $3.27M in 2018.

In 2018, Sweden did not exported services to Guyana.

Guyana-Sweden: In 2018, Guyana exported $82.2k to Sweden . The main products that Guyana exported to Sweden were Stone Processing Machines ($68.8k), Tensile Testing Machines ($12.4k), and Trunks and Cases ($1.04k). During the last 23 years the exports of Sweden to Guyana have increased at an annualized rate of 5.22%, from $1.01M in 1995 to $3.27M in 2018.

In 2018, Guyana did not exported services to Sweden.

Comparison: In 2018, Sweden ranked 7 in the Economic Complexity Index (ECI 1.66), and 32 in total exports ($162B). That same year, Guyana ranked 135 in total exports ($1.72B), and does not have data regarding Economic Complexity Index.

Product Trade

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Bilateral Trade by Products

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Depth

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In 2018, Sweden exported $3.27M to Guyana. The main products exported from Sweden to Guyana were Margarine ($529k), Lifting Machinery ($511k), and Telephones ($372k). During the last 23 years the exports of Sweden to Guyana have increased at an annualized rate of 5.22%, from $1.01M in 1995 to $3.27M in 2018.

In 2018, Guyana exported $82.2k to Sweden. The main products exported from Guyana to Sweden were Stone Processing Machines ($68.8k), Tensile Testing Machines ($12.4k), and Trunks and Cases ($1.04k). During the last 23 years the exports of Guyana to Sweden have decreased at an annualized rate of 1.06%, from $105k in 1995 to $82.2k in 2018.

Latest Data

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Date

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Market Competitiveness

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Measure

SectionYear

Sweden
Top Destination: Germany, $17.4B

Guyana
Top Destination: Canada, $412M

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

In 2018, countries that imported more from Sweden than Guyana were Germany ($17.4B), Norway ($15.2B), and Denmark ($11.2B).

In 2018, countries that imported more from Guyana than Sweden were Panama ($163M), Trinidad and Tobago ($57.2M), and Jamaica ($59.6M).

Comparative Advantage Sweden - Guyana

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Depth

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

During 2018, Sweden had a large net trade with Guyana in the exports of Machines ($1.81M), Animal and Vegetable Bi-Products ($894k), and Foodstuffs ($295k).

During 2018, Guyana had a large net trade with Sweden in the exports of Machines ($68.8k), Instruments ($12.4k), and Animal Hides ($1.04k).

Forecasts

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Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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Year

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

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage Sweden - Guyana

Forecasts

Trade Forecasts

Economic Complexity

Competitive Landscape

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