2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Guyana-Canada Trade: In 2023, Guyana exported $156M to Canada. The main products that Guyana exported to Canada were Gold ($139M), Alcohol > 80% ABV ($5.96M), and Hard Liquor ($5.41M). Over the past 5 years the exports of Guyana to Canada have decreased at an annualized rate of 19%, from $448M in 2018 to $156M in 2023.

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

Canada-Guyana Trade: In 2023, Canada exported $65.2M to Guyana. The main products that Canada exported to Guyana were Water and Gas Generators ($7.27M), Wheat ($6.54M), and Gas Turbines ($4.56M). Over the past 5 years the exports of Canada to Guyana have increased at an annualized rate of 9.56%,  from $37.7M in 2018 to $65.2M in 2023.

In 2023, Canada 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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $156M to Canada. The main products exported from Guyana to Canada were Gold ($139M), Alcohol > 80% ABV ($5.96M), and Hard Liquor ($5.41M). During the last 5 years the exports of Guyana to Canada have decreased at an annualized rate of 19%, from $448M in 2018 to $156M in 2023.

In 2018, Canada exported $65.2M to Guyana. The main products exported from Canada to Guyana were Water and Gas Generators ($7.27M), Wheat ($6.54M), and Gas Turbines ($4.56M). During the last 5 years the exports of Canada to Guyana have increased at an annualized rate of 9.56%, from $37.7M in 2023 to $65.2M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Canada (Flag)

Guyana Exports

Canada Exports

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
Canada
Top Destination
United States$410B

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

In 2023, countries that imported more from Guyana than Canada included Trinidad and Tobago ($1.9B), Greece ($409M), and Suriname ($170M).

In 2023, countries that imported more from Canada than Guyana included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

Comparative Advantage Guyana - Canada

Flow
Scale

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

During 2023, Guyana had a large net trade with Canada in the exports of Precious Metals ($139M), Foodstuffs ($12.2M), and Animal Products ($1.69M).

During 2018, Canada had a large net trade with Guyana in the exports of Machines ($28.7M), Vegetable Products ($9.99M), and Foodstuffs ($4.66M).

Economic Complexity

Competitive Landscape

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

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

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