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2023
Flag → Flag
Exports $9.46MRnk 36 / 147
2023
Flag → Flag
Top Product $7.38MCoconuts, Brazil Nuts, and Cashews
2023
Flag → Flag
Exports $72.5MRnk 17 / 166
2023
Flag → Flag
Top Product $18.2MCement
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 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$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Guyana-Dominican Republic Trade: In 2023, Guyana exported $9.46M to Dominican Republic. The main products that Guyana exported to Dominican Republic were Coconuts, Brazil Nuts, and Cashews ($7.38M), Sand ($1.26M), and Quartz ($306k). Over the past 5 years the exports of Guyana to Dominican Republic have increased at an annualized rate of 13.8%, from $4.95M in 2018 to $9.46M in 2023.

In 2023, Guyana did not export any services to Dominican Republic.

Dominican Republic-Guyana Trade: In 2023, Dominican Republic exported $72.5M to Guyana. The main products that Dominican Republic exported to Guyana were Cement ($18.2M), Molasses ($13.1M), and Mixed Mineral or Chemical Fertilizers ($10.1M). Over the past 5 years the exports of Dominican Republic to Guyana have increased at an annualized rate of 30.5%,  from $19.1M in 2018 to $72.5M in 2023.

In 2023, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $9.46M to Dominican Republic. The main products exported from Guyana to Dominican Republic were Coconuts, Brazil Nuts, and Cashews ($7.38M), Sand ($1.26M), and Quartz ($306k). During the last 5 years the exports of Guyana to Dominican Republic have increased at an annualized rate of 13.8%, from $4.95M in 2018 to $9.46M in 2023.

In 2018, Dominican Republic exported $72.5M to Guyana. The main products exported from Dominican Republic to Guyana were Cement ($18.2M), Molasses ($13.1M), and Mixed Mineral or Chemical Fertilizers ($10.1M). During the last 5 years the exports of Dominican Republic to Guyana have increased at an annualized rate of 30.5%, from $19.1M in 2023 to $72.5M in 2018.

Exports from Guyana (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to Guyana (Flag) (2023)

Latest Data

Trade between Guyana (Flag) and Dominican Republic (Flag)

Guyana Exports

Dominican Republic Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from Guyana than Dominican Republic included Trinidad and Tobago ($1.9B), Singapore ($1.66B), and Netherlands ($1.82B).

In 2023, countries that imported more from Dominican Republic than Guyana included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

Difference in imports from Dominican Republic (Flag) and Guyana (Flag) (2023)

Comparative Advantage Guyana - Dominican Republic

Flow
Scale

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

During 2023, Guyana had a large net trade with Dominican Republic in the exports of Vegetable Products ($7.38M), Mineral Products ($1.57M), and Transportation ($280k).

During 2018, Dominican Republic had a large net trade with Guyana in the exports of Foodstuffs ($23M), Mineral Products ($20.7M), and Chemical Products ($14.8M).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Dominican Republic (Flag) (2023)

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