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Exports In 2023, Guyana exported $1.22M in Refined Petroleum, making it the 162nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 68th most exported product in Guyana. The main destination of Refined Petroleum exports from Guyana are: Trinidad and Tobago ($1.11M), India ($63.9k), China ($28k), Mexico ($6.66k), and Cyprus ($2.65k).

The fastest growing export markets for Refined Petroleum of Guyana between 2022 and 2023 were Trinidad and Tobago ($666k), China ($28k), and India ($17.3k).

Imports In 2023, Guyana imported $947M in Refined Petroleum, becoming the 110th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Guyana. Guyana imports Refined Petroleum primarily from: United States ($513M), Trinidad and Tobago ($121M), Suriname ($80.7M), Jamaica ($53.8M), and British Virgin Islands ($49.8M).

The fastest growing import markets in Refined Petroleum for Guyana between 2022 and 2023 were United States ($351M), British Virgin Islands ($49.8M), and Jamaica ($36.6M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.22M
IMPORTS (2023)$947M
NET TRADE (2023)-$946M

In 2023, Guyana exported $1.22M in Refined Petroleum. The main destinations of Guyana exports on Refined Petroleum were Trinidad and Tobago ($1.11M), India ($63.9k), China ($28k), Mexico ($6.66k), and Cyprus ($2.65k).

In 2023, Guyana imported $947M in Refined Petroleum, mainly from United States ($513M), Trinidad and Tobago ($121M), Suriname ($80.7M), Jamaica ($53.8M), and British Virgin Islands ($49.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Guyana WERE (2022 - 2023):
China$28k (1%)
India$17.3k (37.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Guyana WERE (2022 - 2023):
Jamaica-$117k (-100%)
United Arab Emirates-$17.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guyana's main exporting competitors in Refined Petroleum were:
In 2023, Guyana's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Refined Petroleum’s highest export potential is N/A. With an export gap of N/A.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

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