Guyana (GUY) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Guyana-Australia Trade: In 2022, Guyana exported $666k to Australia. The main products that Guyana exported to Australia were Aluminium Ore ($338k), Hard Liquor ($202k), and Revenue Stamps ($47.1k). Over the past 5 years the exports of Guyana to Australia have increased at an annualized rate of 6.92%, from $477k in 2017 to $666k in 2022.

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

Australia-Guyana Trade: In 2022, Australia exported $6.76M to Guyana. The main products that Australia exported to Guyana were Coated Flat-Rolled Iron ($3.06M), Cheese ($2.12M), and Woodworking machines ($194k). Over the past 5 years the exports of Australia to Guyana have increased at an annualized rate of 1.11%, from $6.39M in 2017 to $6.76M in 2022.

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

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $666k to Australia. The main products exported from Guyana to Australia were Aluminium Ore ($338k), Hard Liquor ($202k), and Revenue Stamps ($47.1k). During the last 5 years the exports of Guyana to Australia have increased at an annualized rate of 6.92%, from $477k in 2017 to $666k in 2022.

In 2017, Australia exported $6.76M to Guyana. The main products exported from Australia to Guyana were Coated Flat-Rolled Iron ($3.06M), Cheese ($2.12M), and Woodworking machines ($194k). During the last 5 years the exports of Australia to Guyana have increased at an annualized rate of 1.11%, from $6.39M in 2022 to $6.76M in 2017.

Exports from Guyana () to Australia () (2022)

Exports from Australia () to Guyana () (2022)

Latest Data

Trade between Guyana () and Australia ()

Guyana Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Australia
Top DestinationChina$123B

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 2022, countries that imported more from Guyana than Australia included Panama ($5.84B), Aruba ($156M), and Venezuela ($97.3M).

In 2022, countries that imported more from Australia than Guyana included China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia () and Guyana () (2022)

Comparative Advantage Guyana - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Australia in the exports of Mineral Products ($352k), Foodstuffs ($202k), and Machines ($55.7k).

During 2017, Australia had a large net trade with Guyana in the exports of Metals ($3.1M), Animal Products ($2.12M), and Machines ($723k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Australia () (2022)

Exports from Australia () to Guyana () (2022)

Latest Data

Trade between Guyana () and Australia ()

Guyana Exports

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Guyana () (2022)

Comparative Advantage Guyana - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guyana () and Australia () (2022)

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