2023
Flag  
GDP
$515BCURRENT US$
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2013-2023
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GDP GROWTH
22.5%CURRENT US$
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2023
Flag
 GDP
$17.2BCURRENT US$
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2013-2023
Flag
GDP GROWTH
312%CURRENT US$
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2023
Flag
GDP PC 
$7,182CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
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2023
Flag
GDP PC
$20,765CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
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About

Thailand-Guyana Trade: In 2023, Thailand exported $29.8M to Guyana. The main products that Thailand exported to Guyana were Cars ($12.1M), Delivery Trucks ($7.61M), and Special purpose motor vehicles ($2.35M). Over the past 5 years the exports of Thailand to Guyana have increased at an annualized rate of 26.5%, from $9.21M in 2018 to $29.8M in 2023.

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

Guyana-Thailand Trade: In 2023, Guyana exported $2.4M to Thailand. The main products that Guyana exported to Thailand were Scrap Iron ($1.51M), Diamonds ($235k), and Ball Bearings ($175k). Over the past 5 years the exports of Guyana to Thailand have increased at an annualized rate of 4.13%,  from $1.96M in 2018 to $2.4M in 2023.

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

Comparison In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 25 in total exports ($332B). 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, Thailand exported $29.8M to Guyana. The main products exported from Thailand to Guyana were Cars ($12.1M), Delivery Trucks ($7.61M), and Special purpose motor vehicles ($2.35M). During the last 5 years the exports of Thailand to Guyana have increased at an annualized rate of 26.5%, from $9.21M in 2018 to $29.8M in 2023.

In 2018, Guyana exported $2.4M to Thailand. The main products exported from Guyana to Thailand were Scrap Iron ($1.51M), Diamonds ($235k), and Ball Bearings ($175k). During the last 5 years the exports of Guyana to Thailand have increased at an annualized rate of 4.13%, from $1.96M in 2023 to $2.4M in 2018.

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

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

Latest Data

Trade between Thailand (Flag) and Guyana (Flag)

Thailand Exports

Guyana Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$58.5B
Guyana
Top Destination
United States$3.51B

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

In 2023, countries that imported more from Thailand than Guyana included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, countries that imported more from Guyana than Thailand included Trinidad and Tobago ($1.9B), Panama ($519M), and Greece ($409M).

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

Comparative Advantage Thailand - Guyana

Flow
Scale

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

During 2023, Thailand had a large net trade with Guyana in the exports of Transportation ($22.8M), Foodstuffs ($3.2M), and Machines ($2.18M).

During 2018, Guyana had a large net trade with Thailand in the exports of Metals ($1.63M), Precious Metals ($235k), and Animal Products ($220k).

Economic Complexity

Competitive Landscape

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

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

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