In 2019, Guyana exported a total of $3.98B, making it the number 127 exporter in the world. During the last five reported years the exports of Guyana have changed by $2.58B from $1.4B in 2014 to $3.98B in 2019.
In 2019 Guyana imported $5.34B, making it the number 132 trade destination in the world. During the last five reported years the imports of Guyana changed by $3.41B from $1.93B in 2014 to $5.34B in 2019.
In 2015, Guyana exported $72.2M worth of services. The top services exported by Guyana in 2015 were Miscellaneous business, professional, and technical services ($27.3M), Sea transport ($20.1M), Financial services ($14.7M), Insurance services ($7.01M), and Royalties and license fees ($3.08M).
The top services imported by Guyana in 2015 were Sea transport ($137M), Miscellaneous business, professional, and technical services ($95.6M), Insurance services ($36.9M), Royalties and license fees ($18.2M), and Financial services ($13M).
The top export opportunities for Guyana according to the relatedness index, are Crude Petroleum (0.088), Cocoa Beans (0.085), Refined Petroleum (0.084), Other Oily Seeds (0.083), and Bananas (0.082). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Guyana is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.