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Pricing

2022
Flag → Flag
Exports $47.6MRnk 106 / 215
2022
Flag → Flag
Top Product $7.23MWheat
2022
Flag → Flag
Exports $212MRnk 12 / 139
2022
Flag → Flag
Top Product $164MGold
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH248%CURRENT US$
Rnk 1 / 186

About

Canada-Guyana Trade: In 2022, Canada exported $47.6M to Guyana. The main products that Canada exported to Guyana were Wheat ($7.23M), Other Edible Preparations ($5.61M), and Dried Legumes ($1.99M). Over the past 5 years the exports of Canada to Guyana have increased at an annualized rate of 13.1%, from $25.7M in 2017 to $47.6M in 2022.

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

Guyana-Canada Trade: In 2022, Guyana exported $212M to Canada. The main products that Guyana exported to Canada were Gold ($164M), Hard Liquor ($26.3M), and Aluminium Ore ($12M). Over the past 5 years the exports of Guyana to Canada have decreased at an annualized rate of 14.1%,  from $454M in 2017 to $212M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Canada exported C$3.65M and imported C$23.3M from Guyana, resulting in a negative trade balance of C$19.7M. Between June 2023 and June 2024 the exports of Canada have decreased by C$-4.9M (-57.3%) from C$8.56M to C$3.65M, while imports increased by C$8.33M (55.6%) from C$15M to C$23.3M.

Trade In June 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 June 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 June 2024 the exports of Canada were mainly from Ontario (C$1.52M), Prince Edward Is. (C$1.2M), New Brunswick (C$387k), Nova Scotia (C$193k), and Quebec (C$168k), while imports destinations were mainly Ontario (C$22.4M), Quebec (C$792k), Alberta (C$142k), British Columbia (C$3.21k), and Manitoba (C$1.97k).

Growth In June 2024, the decrease in Canada's year-by-year exports to Guyana was explained primarily by an decrease in product exports in Documents of title (bonds etc) and... (C$-1.15M or -94.6%), Liquid Pumps (C$-45.8k or -81%), and Excavation Machinery (C$-12.3k or -90.9%). In June 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 (June 2023 - June 2024)C$-4.9M(-57.3%)
IMPORT GROWTH (June 2023 - June 2024)C$8.33M(55.6%)
MAIN EXPORTER (June 2024)OntarioC$1.52M

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.

Explore Guyana and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $47.6M to Guyana. The main products exported from Canada to Guyana were Wheat ($7.23M), Other Edible Preparations ($5.61M), and Dried Legumes ($1.99M). During the last 5 years the exports of Canada to Guyana have increased at an annualized rate of 13.1%, from $25.7M in 2017 to $47.6M in 2022.

In 2017, Guyana exported $212M to Canada. The main products exported from Guyana to Canada were Gold ($164M), Hard Liquor ($26.3M), and Aluminium Ore ($12M). During the last 5 years the exports of Guyana to Canada have decreased at an annualized rate of 14.1%, from $454M in 2022 to $212M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Guyana
Top DestinationPanama$5.84B

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 2022, countries that imported more from Canada than Guyana included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Guyana than Canada included Panama ($5.84B), Aruba ($156M), and Suriname ($36.5M).

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

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 2022, Canada had a large net trade with Guyana in the exports of Vegetable Products ($10.1M), Machines ($9.69M), and Foodstuffs ($9.04M).

During 2017, Guyana had a large net trade with Canada in the exports of Precious Metals ($164M), Foodstuffs ($32.9M), and Mineral Products ($12M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Guyana+N/AN/A
Top Product Potential Guyana Canada+N/AN/A

N/A

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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) (2022)

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