2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195

About

Brazil-Guyana Trade: In 2023, Brazil exported $294M to Guyana. The main products that Brazil exported to Guyana were Valves ($75.3M), Iron Pipes ($38.7M), and Corn ($19.8M). Over the past 5 years the exports of Brazil to Guyana have increased at an annualized rate of 42.8%, from $49.5M in 2018 to $294M in 2023.

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

Guyana-Brazil Trade: In 2023, Guyana exported $1.08B to Brazil. The main products that Guyana exported to Brazil were Crude Petroleum ($1.01B), Planes, Helicopters, and/or Spacecraft ($54.7M), and Rice ($11.7M). Over the past 5 years the exports of Guyana to Brazil have increased at an annualized rate of 246%,  from $2.17M in 2018 to $1.08B in 2023.

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

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). 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, Brazil exported $294M to Guyana. The main products exported from Brazil to Guyana were Valves ($75.3M), Iron Pipes ($38.7M), and Corn ($19.8M). During the last 5 years the exports of Brazil to Guyana have increased at an annualized rate of 42.8%, from $49.5M in 2018 to $294M in 2023.

In 2018, Guyana exported $1.08B to Brazil. The main products exported from Guyana to Brazil were Crude Petroleum ($1.01B), Planes, Helicopters, and/or Spacecraft ($54.7M), and Rice ($11.7M). During the last 5 years the exports of Guyana to Brazil have increased at an annualized rate of 246%, from $2.17M in 2023 to $1.08B in 2018.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Guyana
Top Destination
United States$3.51B

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

In 2023, countries that imported more from Brazil than Guyana included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Guyana than Brazil included Trinidad and Tobago ($1.9B), Suriname ($170M), and Barbados ($123M).

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

Comparative Advantage Brazil - Guyana

Flow
Scale

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

During 2023, Brazil had a large net trade with Guyana in the exports of Machines ($108M), Metals ($65.2M), and Vegetable Products ($31.1M).

During 2018, Guyana had a large net trade with Brazil in the exports of Mineral Products ($1.01B), Transportation ($56.3M), and Vegetable Products ($11.7M).

Economic Complexity

Competitive Landscape

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

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

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