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2023
Flag → Flag
Exports $226MRnk 87 / 223
2023
Flag → Flag
Top Product $41.2MSpecial Purpose Ships
2023
Flag → Flag
Exports $480MRnk 10 / 147
2023
Flag → Flag
Top Product $447MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195

About

United Kingdom-Guyana Trade: In 2023, United Kingdom exported $226M to Guyana. The main products that United Kingdom exported to Guyana were Special Purpose Ships ($41.2M), Delivery Trucks ($32.2M), and Large Construction Vehicles ($20.3M). Over the past 5 years the exports of United Kingdom to Guyana have increased at an annualized rate of 38.4%, from $44.5M in 2018 to $226M in 2023.

In 2023, United Kingdom did not export any services to Guyana.

Guyana-United Kingdom Trade: In 2023, Guyana exported $480M to United Kingdom. The main products that Guyana exported to United Kingdom were Crude Petroleum ($447M), Hard Liquor ($12.1M), and Rice ($6.15M). Over the past 5 years the exports of Guyana to United Kingdom have increased at an annualized rate of 62.1%,  from $42.8M in 2018 to $480M in 2023.

In 2023, Guyana did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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, United Kingdom exported £16.1M and imported £197M from Guyana, resulting in a negative trade balance of £181M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £3.82M (31.1%) from £12.3M to £16.1M, while imports increased by £196M (12.8k%) from £1.53M to £197M.

Trade In November 2024, the top exports of United Kingdom to Guyana were Other Floating Structures (£7.78M), Valves (£3.22M), Delivery Trucks (£1.19M), Thermostats (£638k), and Large Construction Vehicles (£578k). In November 2024 the top imports of United Kingdom from Guyana were Crude Petroleum (£50.8M), Aluminium Ore (£1.42M), Hard Liquor (£792k), Sawn Wood (£246k), and Alcohol > 80% ABV (£201k).

Origins In November 2024 the exports of United Kingdom were mainly from Hull (£5.66M), London Gateway (£4.6M), Dover (£2.94M), Portsmouth (£1.59M), and London Heathrow Airport (£681k), while imports destinations were mainly Southampton (£128M), Milford (£68.2M), London Gateway (£367k), Aberdeen Airport (£179k), and Greenock (£135k).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Guyana was explained primarily by an increase in product exports in Valves (£1.91M or 146%), Delivery Trucks (£648k or 120%), and Packaged Medicaments (£282k or 1.84k%). In November 2024, the increase in United Kingdom's year-by-year imports  from Guyana was explained primarily by an increase in product imports  in Hard Liquor (£521k or 192%), Sawn Wood (£131k or 113%), and Excavation Machinery (£35.9k or 730%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£3.82M(31.1%)
IMPORT GROWTH (November 2023 - November 2024)£196M(12.8k%)
MAIN EXPORTER (November 2024)Hull£5.66M

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

To check Guyana and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guyana and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $226M to Guyana. The main products exported from United Kingdom to Guyana were Special Purpose Ships ($41.2M), Delivery Trucks ($32.2M), and Large Construction Vehicles ($20.3M). During the last 5 years the exports of United Kingdom to Guyana have increased at an annualized rate of 38.4%, from $44.5M in 2018 to $226M in 2023.

In 2018, Guyana exported $480M to United Kingdom. The main products exported from Guyana to United Kingdom were Crude Petroleum ($447M), Hard Liquor ($12.1M), and Rice ($6.15M). During the last 5 years the exports of Guyana to United Kingdom have increased at an annualized rate of 62.1%, from $42.8M in 2023 to $480M in 2018.

Exports from United Kingdom (Flag) to Guyana (Flag) (2023)

Exports from Guyana (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Guyana
Top DestinationUnited States$3.51B

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

In 2023, countries that imported more from United Kingdom than Guyana included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Guyana than United Kingdom included Trinidad and Tobago ($1.9B), Panama ($519M), and Suriname ($170M).

Difference in imports from Guyana (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Guyana

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Guyana in the exports of Transportation ($95.3M), Machines ($66.3M), and Stone And Glass ($11.5M).

During 2018, Guyana had a large net trade with United Kingdom in the exports of Mineral Products ($453M), Foodstuffs ($13.2M), and Vegetable Products ($6.34M).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Guyana (Flag) (2023)

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