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2023
Flag → Flag
Exports $1.08BRnk 6 / 147
2023
Flag → Flag
Top Product $1.01BCrude Petroleum
2023
Flag → Flag
Exports $294MRnk 79 / 221
2023
Flag → Flag
Top Product $75.3MValves
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 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$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195

About

Guyana-Brazil Trade: In 2023, Guyana exported $1.08B to Brazil. The main products that Guyana exported to Brazil were Crude Petroleum ($1.01B), Planes, Helicopters, and/or Spacecraft ($54.7M), and Rice ($11.7M). Over the past 5 years the exports of Guyana to Brazil have increased at an annualized rate of 246%, from $2.17M in 2018 to $1.08B in 2023.

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

Brazil-Guyana Trade: In 2023, Brazil exported $294M to Guyana. The main products that Brazil exported to Guyana were Valves ($75.3M), Iron Pipes ($38.7M), and Corn ($19.8M). Over the past 5 years the exports of Brazil to Guyana have increased at an annualized rate of 42.8%,  from $49.5M in 2018 to $294M in 2023.

In 2023, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $1.08B to Brazil. The main products exported from Guyana to Brazil were Crude Petroleum ($1.01B), Planes, Helicopters, and/or Spacecraft ($54.7M), and Rice ($11.7M). During the last 5 years the exports of Guyana to Brazil have increased at an annualized rate of 246%, from $2.17M in 2018 to $1.08B in 2023.

In 2018, Brazil exported $294M to Guyana. The main products exported from Brazil to Guyana were Valves ($75.3M), Iron Pipes ($38.7M), and Corn ($19.8M). During the last 5 years the exports of Brazil to Guyana have increased at an annualized rate of 42.8%, from $49.5M in 2023 to $294M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Brazil (Flag)

Guyana Exports

Brazil Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Guyana than Brazil included Trinidad and Tobago ($1.9B), Suriname ($170M), and Barbados ($123M).

In 2023, countries that imported more from Brazil than Guyana included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Guyana - Brazil

Flow
Scale

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

During 2023, Guyana had a large net trade with Brazil in the exports of Mineral Products ($1.01B), Transportation ($56.3M), and Vegetable Products ($11.7M).

During 2018, Brazil had a large net trade with Guyana in the exports of Machines ($108M), Metals ($65.2M), and Vegetable Products ($31.1M).

Economic Complexity

Competitive Landscape

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

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

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