2022
Flag  
GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Guyana-India Trade: In 2022, Guyana exported $7.64M to India. The main products that Guyana exported to India were Diamonds ($2.07M), Rough Wood ($1.66M), and Aluminium Ore ($1.46M). Over the past 5 years the exports of Guyana to India have increased at an annualized rate of 30.7%, from $2M in 2017 to $7.64M in 2022.

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

India-Guyana Trade: In 2022, India exported $79.9M to Guyana. The main products that India exported to Guyana were Packaged Medicaments ($19.1M), Coated Flat-Rolled Iron ($9.06M), and Large Construction Vehicles ($5.02M). Over the past 5 years the exports of India to Guyana have increased at an annualized rate of 23.7%,  from $27.7M in 2017 to $79.9M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guyana exported $7.64M to India. The main products exported from Guyana to India were Diamonds ($2.07M), Rough Wood ($1.66M), and Aluminium Ore ($1.46M). During the last 5 years the exports of Guyana to India have increased at an annualized rate of 30.7%, from $2M in 2017 to $7.64M in 2022.

In 2017, India exported $79.9M to Guyana. The main products exported from India to Guyana were Packaged Medicaments ($19.1M), Coated Flat-Rolled Iron ($9.06M), and Large Construction Vehicles ($5.02M). During the last 5 years the exports of India to Guyana have increased at an annualized rate of 23.7%, from $27.7M in 2022 to $79.9M in 2017.

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

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

Latest Data

Trade between Guyana (Flag) and India (Flag)

Guyana Exports

India Exports

Market Competitiveness

Color
Guyana
Top Destination
Panama$5.84B
India
Top Destination
United States$82.9B

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

In 2022, countries that imported more from Guyana than India included Panama ($5.84B), Aruba ($156M), and Suriname ($36.5M).

In 2022, countries that imported more from India than Guyana included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Guyana - India

Flow
Scale

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

During 2022, Guyana had a large net trade with India in the exports of Precious Metals ($2.07M), Wood Products ($2.05M), and Mineral Products ($1.5M).

During 2017, India had a large net trade with Guyana in the exports of Chemical Products ($26M), Machines ($14.7M), and Metals ($13M).

Economic Complexity

Competitive Landscape

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

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

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