2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 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 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Colombia-Guyana Trade: In 2022, Colombia exported $45.1M to Guyana. The main products that Colombia exported to Guyana were Electrical Transformers ($3.83M), Cement ($3.78M), and Palm Oil ($3.77M). Over the past 5 years the exports of Colombia to Guyana have increased at an annualized rate of 23.9%, from $15.4M in 2017 to $45.1M in 2022.

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

Guyana-Colombia Trade: In 2022, Guyana exported $2.23M to Colombia. The main products that Guyana exported to Colombia were Aluminium Ore ($1.36M), Rice ($410k), and Bran ($229k). Over the past 5 years the exports of Guyana to Colombia have increased at an annualized rate of 20.7%,  from $871k in 2017 to $2.23M in 2022.

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

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). 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, Colombia exported $45.1M to Guyana. The main products exported from Colombia to Guyana were Electrical Transformers ($3.83M), Cement ($3.78M), and Palm Oil ($3.77M). During the last 5 years the exports of Colombia to Guyana have increased at an annualized rate of 23.9%, from $15.4M in 2017 to $45.1M in 2022.

In 2017, Guyana exported $2.23M to Colombia. The main products exported from Guyana to Colombia were Aluminium Ore ($1.36M), Rice ($410k), and Bran ($229k). During the last 5 years the exports of Guyana to Colombia have increased at an annualized rate of 20.7%, from $871k in 2022 to $2.23M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Guyana (Flag)

Colombia Exports

Guyana Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Guyana
Top Destination
Panama$5.84B

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

In 2022, countries that imported more from Colombia than Guyana included United States ($15.6B), India ($2.55B), and Turkey ($2.27B).

In 2022, countries that imported more from Guyana than Colombia included United Arab Emirates ($1.18B), Austria ($212M), and Italy ($1.18B).

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

Comparative Advantage Colombia - Guyana

Flow
Scale

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

During 2022, Colombia had a large net trade with Guyana in the exports of Machines ($13.6M), Chemical Products ($7.05M), and Plastics and Rubbers ($6.38M).

During 2017, Guyana had a large net trade with Colombia in the exports of Mineral Products ($1.36M), Vegetable Products ($410k), and Foodstuffs ($229k).

Economic Complexity

Competitive Landscape

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

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

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