Guyana (GUY) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Guyana-Denmark Trade: In 2022, Guyana exported $970k to Denmark. The main products that Guyana exported to Denmark were Hard Liquor ($379k), Electrical Transformers ($261k), and Sawn Wood ($96k). Over the past 5 years the exports of Guyana to Denmark have increased at an annualized rate of 29.2%, from $269k in 2017 to $970k in 2022.

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

Denmark-Guyana Trade: In 2022, Denmark exported $7.61M to Guyana. The main products that Denmark exported to Guyana were Concentrated Milk ($3.97M), Vaccines, blood, antisera, toxins and cultures ($396k), and Glass Bottles ($366k). Over the past 5 years the exports of Denmark to Guyana have increased at an annualized rate of 8.42%, from $5.08M in 2017 to $7.61M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $970k to Denmark. The main products exported from Guyana to Denmark were Hard Liquor ($379k), Electrical Transformers ($261k), and Sawn Wood ($96k). During the last 5 years the exports of Guyana to Denmark have increased at an annualized rate of 29.2%, from $269k in 2017 to $970k in 2022.

In 2017, Denmark exported $7.61M to Guyana. The main products exported from Denmark to Guyana were Concentrated Milk ($3.97M), Vaccines, blood, antisera, toxins and cultures ($396k), and Glass Bottles ($366k). During the last 5 years the exports of Denmark to Guyana have increased at an annualized rate of 8.42%, from $5.08M in 2022 to $7.61M in 2017.

Exports from Guyana () to Denmark () (2022)

Exports from Denmark () to Guyana () (2022)

Latest Data

Trade between Guyana () and Denmark ()

Guyana Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Guyana than Denmark included Panama ($5.84B), United Arab Emirates ($1.18B), and Aruba ($156M).

In 2022, countries that imported more from Denmark than Guyana included Germany ($18.9B), Sweden ($11.6B), and United States ($13.1B).

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

Comparative Advantage Guyana - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Denmark in the exports of Foodstuffs ($379k), Machines ($342k), and Wood Products ($183k).

During 2017, Denmark had a large net trade with Guyana in the exports of Animal Products ($4.3M), Machines ($865k), and Chemical Products ($817k).

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 Denmark. This means that a dot/product with the flag of Guyana indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Guyana.

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Historical Data

Bilateral Trade by Products

Exports from Guyana () to Denmark () (2022)

Exports from Denmark () to Guyana () (2022)

Latest Data

Trade between Guyana () and Denmark ()

Guyana Exports

Denmark Exports

Market Competitiveness

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

Comparative Advantage Guyana - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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