2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 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 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Finland-Guyana Trade: In 2022, Finland exported $2.84M to Guyana. The main products that Finland exported to Guyana were Engine Parts ($661k), Electric Motor Parts ($549k), and Electric Motors ($545k). Over the past 5 years the exports of Finland to Guyana have increased at an annualized rate of 28.1%, from $823k in 2017 to $2.84M in 2022.

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

Guyana-Finland Trade: In 2022, Guyana exported $482k to Finland. The main products that Guyana exported to Finland were Hard Liquor ($475k), Combustion Engines ($2.69k), and Electrical Control Boards ($2.58k). Over the past 5 years the exports of Guyana to Finland have increased at an annualized rate of 16.2%,  from $227k in 2017 to $482k in 2022.

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

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). 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, Finland exported $2.84M to Guyana. The main products exported from Finland to Guyana were Engine Parts ($661k), Electric Motor Parts ($549k), and Electric Motors ($545k). During the last 5 years the exports of Finland to Guyana have increased at an annualized rate of 28.1%, from $823k in 2017 to $2.84M in 2022.

In 2017, Guyana exported $482k to Finland. The main products exported from Guyana to Finland were Hard Liquor ($475k), Combustion Engines ($2.69k), and Electrical Control Boards ($2.58k). During the last 5 years the exports of Guyana to Finland have increased at an annualized rate of 16.2%, from $227k in 2022 to $482k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Guyana (Flag)

Finland Exports

Guyana Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Guyana
Top Destination
Panama$5.84B

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

In 2022, countries that imported more from Finland than Guyana included Sweden ($9.1B), Germany ($9.99B), and United States ($9.17B).

In 2022, countries that imported more from Guyana than Finland included Panama ($5.84B), United Arab Emirates ($1.18B), and Aruba ($156M).

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

Comparative Advantage Finland - Guyana

Flow
Scale

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

During 2022, Finland had a large net trade with Guyana in the exports of Machines ($2.47M), Paper Goods ($89.7k), and Metals ($85.3k).

During 2017, Guyana had a large net trade with Finland in the exports of Foodstuffs ($475k), Machines ($6.07k), and Instruments ($1.06k).

Economic Complexity

Competitive Landscape

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

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

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