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2023
Flag → Flag
Exports $720kRnk 59 / 147
2023
Flag → Flag
Top Product $273kHard Liquor
2023
Flag → Flag
Exports $7.87MRnk 136 / 211
2023
Flag → Flag
Top Product $3.08MCoated Flat-Rolled Iron
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC $20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

Guyana-Australia Trade: In 2023, Guyana exported $720k to Australia. The main products that Guyana exported to Australia were Hard Liquor ($273k), Aluminium Ore ($237k), and Sawn Wood ($70k). Over the past 5 years the exports of Guyana to Australia have increased at an annualized rate of 25.8%, from $229k in 2018 to $720k in 2023.

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

Australia-Guyana Trade: In 2023, Australia exported $7.87M to Guyana. The main products that Australia exported to Guyana were Coated Flat-Rolled Iron ($3.08M), Cheese ($2.45M), and Other Floating Structures ($318k). Over the past 5 years the exports of Australia to Guyana have increased at an annualized rate of 1.76%,  from $5.46M in 2018 to $7.87M in 2023.

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

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $720k to Australia. The main products exported from Guyana to Australia were Hard Liquor ($273k), Aluminium Ore ($237k), and Sawn Wood ($70k). During the last 5 years the exports of Guyana to Australia have increased at an annualized rate of 25.8%, from $229k in 2018 to $720k in 2023.

In 2018, Australia exported $7.87M to Guyana. The main products exported from Australia to Guyana were Coated Flat-Rolled Iron ($3.08M), Cheese ($2.45M), and Other Floating Structures ($318k). During the last 5 years the exports of Australia to Guyana have increased at an annualized rate of 1.76%, from $5.46M in 2023 to $7.87M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Australia (Flag)

Guyana Exports

Australia Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from Guyana than Australia included Trinidad and Tobago ($1.9B), Panama ($519M), and Greece ($409M).

In 2023, countries that imported more from Australia than Guyana included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Comparative Advantage Guyana - Australia

Flow
Scale

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

During 2023, Guyana had a large net trade with Australia in the exports of Foodstuffs ($274k), Mineral Products ($237k), and Machines ($81.9k).

During 2018, Australia had a large net trade with Guyana in the exports of Metals ($3.19M), Animal Products ($2.52M), and Machines ($815k).

Economic Complexity

Competitive Landscape

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

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

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