2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Bolivia-Guyana Trade: In 2022, Bolivia exported $74.8k to Guyana. The main products that Bolivia exported to Guyana were Machinery Having Individual Functions ($41.5k), Stearic Acid ($18.6k), and Excavation Machinery ($14k). Over the past 7 years the exports of Bolivia to Guyana have decreased at an annualized rate of 12.6%, from $192k in 2015 to $74.8k in 2022.

In 2022, Bolivia did not export any services to Guyana.

Guyana-Bolivia Trade: In 2022, Guyana exported $27.1k to Bolivia. The main products that Guyana exported to Bolivia were Ethylene Polymers ($27k) and Centrifuges ($112). Over the past 7 years the exports of Guyana to Bolivia have increased at an annualized rate of 258%,  from $46 in 2015 to $27.1k in 2022.

In 2022, Guyana did not export any services to Bolivia.

Comparison In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85),  and 93 in total exports ($13.8B). That same year, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $74.8k to Guyana. The main products exported from Bolivia to Guyana were Machinery Having Individual Functions ($41.5k), Stearic Acid ($18.6k), and Excavation Machinery ($14k). During the last 7 years the exports of Bolivia to Guyana have decreased at an annualized rate of 12.6%, from $192k in 2015 to $74.8k in 2022.

In 2017, Guyana exported $27.1k to Bolivia. The main products exported from Guyana to Bolivia were Ethylene Polymers ($27k) and Centrifuges ($112). During the last 5 years the exports of Guyana to Bolivia have increased at an annualized rate of 258%, from $46 in 2022 to $27.1k in 2017.

Exports from Bolivia (Flag) to Guyana (Flag) (2022)

Exports from Guyana (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Guyana
Top Destination
Panama$5.84B

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

In 2022, countries that imported more from Bolivia than Guyana included India ($2.27B), Argentina ($1.76B), and Brazil ($1.89B).

In 2022, countries that imported more from Guyana than Bolivia included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

Difference in imports from Guyana (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - Guyana

Flow
Scale

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

During 2022, Bolivia had a large net trade with Guyana in the exports of Machines ($55.5k), Animal and Vegetable Bi-Products ($18.6k), and Chemical Products ($566).

During 2017, Guyana had a large net trade with Bolivia in the exports of Plastics and Rubbers ($27k) and Machines ($112).

Economic Complexity

Competitive Landscape

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

Product Space of Bolivia (Flag) and Guyana (Flag) (2022)

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