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2023
Flag → Flag
Exports $65.2MRnk 103 / 215
2023
Flag → Flag
Top Product $7.27MWater and Gas Generators
2023
Flag → Flag
Exports $156MRnk 20 / 147
2023
Flag → Flag
Top Product $139MGold
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag  
GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC $53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195

About

Canada-Guyana Trade: In 2023, Canada exported $65.2M to Guyana. The main products that Canada exported to Guyana were Water and Gas Generators ($7.27M), Wheat ($6.54M), and Gas Turbines ($4.56M). Over the past 5 years the exports of Canada to Guyana have increased at an annualized rate of 11.6%, from $37.7M in 2018 to $65.2M in 2023.

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

Guyana-Canada Trade: In 2023, Guyana exported $156M to Canada. The main products that Guyana exported to Canada were Gold ($139M), Alcohol > 80% ABV ($5.96M), and Hard Liquor ($5.41M). Over the past 5 years the exports of Guyana to Canada have decreased at an annualized rate of 19%,  from $448M in 2018 to $156M in 2023.

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

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). That same year, Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Canada exported C$4.6M and imported C$26M from Guyana, resulting in a negative trade balance of C$21.4M. Between November 2023 and November 2024 the exports of Canada have increased by C$241k (5.53%) from C$4.36M to C$4.6M, while imports increased by C$9.25M (55.2%) from C$16.8M to C$26M.

Trade In November 2024, the top exports of Canada to Guyana were Dried Legumes (C$431k), Metal Insulating Fittings (C$373k), Other Edible Preparations (C$284k), Other Uncoated Paper (C$207k), and Surveying Equipment (C$156k). In November 2024 the top imports of Canada from Guyana were Gold (C$22.7M), Hard Liquor (C$1.14M), Alcohol > 80% ABV (C$517k), Non-fillet Frozen Fish (C$97.4k), and Centrifuges (C$63.6k).

Origins In November 2024 the exports of Canada were mainly from Ontario (C$3.59M), Quebec (C$310k), Saskatchewan (C$266k), New Brunswick (C$231k), and British Columbia (C$115k), while imports destinations were mainly Ontario (C$25.7M), Alberta (C$224k), Nova Scotia (C$119k), British Columbia (C$796), and Quebec (C$535).

Growth In November 2024, the increase in Canada's year-by-year exports to Guyana was explained primarily by an increase in product exports in Surveying Equipment (C$110k or 235%), Other Edible Preparations (C$69.2k or 32.2%), and Newsprint (C$51.5k or 85.1%). In November 2024, the increase in Canada's year-by-year imports  from Guyana was explained primarily by an increase in product imports  in Gold (C$11.1M or 95.2%), Hard Liquor (C$760k or 199%), and Centrifuges (C$37.3k or 142%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)C$241k(5.53%)
IMPORT GROWTH (November 2023 - November 2024)C$9.25M(55.2%)
MAIN EXPORTER (November 2024)OntarioC$3.59M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Guyana and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $65.2M to Guyana. The main products exported from Canada to Guyana were Water and Gas Generators ($7.27M), Wheat ($6.54M), and Gas Turbines ($4.56M). During the last 5 years the exports of Canada to Guyana have increased at an annualized rate of 11.6%, from $37.7M in 2018 to $65.2M in 2023.

In 2018, Guyana exported $156M to Canada. The main products exported from Guyana to Canada were Gold ($139M), Alcohol > 80% ABV ($5.96M), and Hard Liquor ($5.41M). During the last 5 years the exports of Guyana to Canada have decreased at an annualized rate of 19%, from $448M in 2023 to $156M in 2018.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$410B
Guyana
Top DestinationUnited States$3.51B

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

In 2023, countries that imported more from Canada than Guyana included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, countries that imported more from Guyana than Canada included Trinidad and Tobago ($1.9B), Greece ($409M), and Suriname ($170M).

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

Comparative Advantage Canada - Guyana

Flow
Scale

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

During 2023, Canada had a large net trade with Guyana in the exports of Machines ($28.7M), Vegetable Products ($9.99M), and Foodstuffs ($4.66M).

During 2018, Guyana had a large net trade with Canada in the exports of Precious Metals ($139M), Foodstuffs ($12.2M), and Animal Products ($1.69M).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

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