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2023
Flag → Flag
Exports $885kRnk 57 / 147
2023
Flag → Flag
Top Product $777kAluminium Ore
2023
Flag → Flag
Exports $2.13MRnk 106 / 174
2023
Flag → Flag
Top Product $767kRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 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$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Guyana-Ecuador Trade: In 2023, Guyana exported $885k to Ecuador. The main products that Guyana exported to Ecuador were Aluminium Ore ($777k), Railway Cargo Containers ($67.5k), and Excavation Machinery ($7.32k). Over the past 5 years the exports of Guyana to Ecuador have decreased at an annualized rate of 13.4%, from $1.82M in 2018 to $885k in 2023.

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

Ecuador-Guyana Trade: In 2023, Ecuador exported $2.13M to Guyana. The main products that Ecuador exported to Guyana were Refined Petroleum ($767k), Liquid Pumps ($712k), and Iron Stovetops ($255k). Over the past 5 years the exports of Ecuador to Guyana have increased at an annualized rate of 67.2%,  from $163k in 2018 to $2.13M in 2023.

In 2023, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $885k to Ecuador. The main products exported from Guyana to Ecuador were Aluminium Ore ($777k), Railway Cargo Containers ($67.5k), and Excavation Machinery ($7.32k). During the last 5 years the exports of Guyana to Ecuador have decreased at an annualized rate of 13.4%, from $1.82M in 2018 to $885k in 2023.

In 2018, Ecuador exported $2.13M to Guyana. The main products exported from Ecuador to Guyana were Refined Petroleum ($767k), Liquid Pumps ($712k), and Iron Stovetops ($255k). During the last 5 years the exports of Ecuador to Guyana have increased at an annualized rate of 67.2%, from $163k in 2023 to $2.13M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Ecuador (Flag)

Guyana Exports

Ecuador Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Ecuador than Guyana included China ($7.96B), United States ($8.34B), and Panama ($4.38B).

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

Comparative Advantage Guyana - Ecuador

Flow
Scale

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

During 2023, Guyana had a large net trade with Ecuador in the exports of Mineral Products ($777k), Transportation ($67.5k), and Machines ($21.3k).

During 2018, Ecuador had a large net trade with Guyana in the exports of Machines ($779k), Mineral Products ($767k), and Metals ($260k).

Economic Complexity

Competitive Landscape

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.

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

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