Guyana (GUY) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Guyana-Ecuador Trade: In 2022, Guyana exported $962k to Ecuador. The main products that Guyana exported to Ecuador were Aluminium Ore ($896k), Ethylene Polymers ($21k), and Surveying Equipment ($15.1k). Over the past 5 years the exports of Guyana to Ecuador have increased at an annualized rate of 10.9%, from $573k in 2017 to $962k in 2022.

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

Ecuador-Guyana Trade: In 2022, Ecuador exported $960k to Guyana. The main products that Ecuador exported to Guyana were Natural Polymers ($219k), Large Iron Containers ($104k), and Plastic Lids ($102k). Over the past 5 years the exports of Ecuador to Guyana have increased at an annualized rate of 43.1%, from $160k in 2017 to $960k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $962k to Ecuador. The main products exported from Guyana to Ecuador were Aluminium Ore ($896k), Ethylene Polymers ($21k), and Surveying Equipment ($15.1k). During the last 5 years the exports of Guyana to Ecuador have increased at an annualized rate of 10.9%, from $573k in 2017 to $962k in 2022.

In 2017, Ecuador exported $960k to Guyana. The main products exported from Ecuador to Guyana were Natural Polymers ($219k), Large Iron Containers ($104k), and Plastic Lids ($102k). During the last 5 years the exports of Ecuador to Guyana have increased at an annualized rate of 43.1%, from $160k in 2022 to $960k in 2017.

Exports from Guyana () to Ecuador () (2022)

Exports from Ecuador () to Guyana () (2022)

Latest Data

Trade between Guyana () and Ecuador ()

Guyana Exports

Date

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Guyana than Ecuador included Netherlands ($2.86B), United Arab Emirates ($1.18B), and Panama ($5.84B).

In 2022, countries that imported more from Ecuador than Guyana included United States ($9.86B), China ($6.17B), and Chile ($1.34B).

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

Comparative Advantage Guyana - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Ecuador in the exports of Mineral Products ($896k), Plastics and Rubbers ($33.6k), and Instruments ($16.8k).

During 2017, Ecuador had a large net trade with Guyana in the exports of Plastics and Rubbers ($429k), Metals ($193k), and Foodstuffs ($76.5k).

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

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Historical Data

Bilateral Trade by Products

Exports from Guyana () to Ecuador () (2022)

Exports from Ecuador () to Guyana () (2022)

Latest Data

Trade between Guyana () and Ecuador ()

Guyana Exports

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Guyana - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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