Overview In February 2023, United States exported $97.8M and imported $354M from Guyana, resulting in a negative trade balance of $256M. Between February 2022 and February 2023 the exports of United States have increased by $24.3M (33.1%) from $73.5M to $97.8M, while imports increased by $168M (90.4%) from $186M to $354M.
Trade In February 2023, the top exports of United States to Guyana were Iron Pipes ($3.69M), Commodities not elsewhere specified ($3.16M), Refined Petroleum ($2.92M), Other Large Iron Pipes ($2.83M), and Telephones ($2.08M). In February 2023 the top imports of United States from Guyana were Crude Petroleum ($246M), Commodities not elsewhere specified ($6.34M), Aluminium Ore ($5.37M), Non-fillet Frozen Fish ($1.7M), and Gold ($1.39M).
Origins In February 2023 the exports of United States were mainly from Texas ($42.4M), Florida ($23.3M), US Virgin Islands ($9.57M), Louisiana ($3.51M), and Georgia ($2.98M), while imports destinations were mainly California ($338M), Texas ($6.13M), Louisiana ($3.39M), Kentucky ($2.18M), and Florida ($1.8M).
Growth In February 2023, the increase in United States's year-by-year exports to Guyana was explained primarily by an increase in product exports in Other Large Iron Pipes ($2.81M or 17.6k%), Iron Pipes ($2.42M or 190%), and Other Construction Vehicles ($1.54M or 822%). In February 2023, the increase in United States's year-by-year imports from Guyana was explained primarily by an increase in product imports in Crude Petroleum ($176M or 252%), Aluminium Ore ($4.34M or 420%), and Commodities not elsewhere specified ($2.93M or 86.1%).