2022
Flag  
GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Guyana-Estonia Trade: In 2022, Guyana exported $27.6k to Estonia. The main products that Guyana exported to Estonia were Rice ($16.7k), Hard Liquor ($9.77k), and Collector's Items ($1.18k). Over the past 5 years the exports of Guyana to Estonia have increased at an annualized rate of 3.96%, from $22.8k in 2017 to $27.6k in 2022.

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

Estonia-Guyana Trade: In 2022, Estonia exported $84.6k to Guyana. The main products that Estonia exported to Guyana were Rubber Tires ($44.6k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($27k), and Engine Parts ($7.31k). Over the past 5 years the exports of Estonia to Guyana have decreased at an annualized rate of 12.7%,  from $191k in 2017 to $84.6k in 2022.

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

Comparison In 2022,  Guyana ranked 80 in total exports ($18.5B). That same year, Estonia ranked 74 in total exports ($23.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guyana exported $27.6k to Estonia. The main products exported from Guyana to Estonia were Rice ($16.7k), Hard Liquor ($9.77k), and Collector's Items ($1.18k). During the last 5 years the exports of Guyana to Estonia have increased at an annualized rate of 3.96%, from $22.8k in 2017 to $27.6k in 2022.

In 2017, Estonia exported $84.6k to Guyana. The main products exported from Estonia to Guyana were Rubber Tires ($44.6k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($27k), and Engine Parts ($7.31k). During the last 5 years the exports of Estonia to Guyana have decreased at an annualized rate of 12.7%, from $191k in 2022 to $84.6k in 2017.

Exports from Guyana (Flag) to Estonia (Flag) (2022)

Exports from Estonia (Flag) to Guyana (Flag) (2022)

Latest Data

Trade between Guyana (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Guyana
Top Destination
Panama$5.84B
Estonia
Top Destination
Finland$3B

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

In 2022, countries that imported more from Guyana than Estonia included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

In 2022, countries that imported more from Estonia than Guyana included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

Difference in imports from Estonia (Flag) and Guyana (Flag) (2022)

Comparative Advantage Guyana - Estonia

Flow
Scale

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

During 2022, Guyana had a large net trade with Estonia in the exports of Vegetable Products ($16.7k), Foodstuffs ($9.77k), and Arts and Antiques ($1.18k).

During 2017, Estonia had a large net trade with Guyana in the exports of Plastics and Rubbers ($48.1k), Textiles ($27.1k), and Machines ($8.39k).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Estonia (Flag) (2022)

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