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2023
Flag → Flag
Exports $325MRnk 15 / 147
2023
Flag → Flag
Top Product $310MCrude Petroleum
2023
Flag → Flag
Exports $99.9MRnk 142 / 220
2023
Flag → Flag
Top Product $12.5MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 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$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Guyana-India Trade: In 2023, Guyana exported $325M to India. The main products that Guyana exported to India were Crude Petroleum ($310M), Aluminium Ore ($8.34M), and Scrap Iron ($2.48M). Over the past 5 years the exports of Guyana to India have increased at an annualized rate of 164%, from $2.51M in 2018 to $325M in 2023.

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

India-Guyana Trade: In 2023, India exported $99.9M to Guyana. The main products that India exported to Guyana were Passenger and Cargo Ships ($12.5M), Packaged Medicaments ($10.1M), and Other Electrical Machinery ($8.35M). Over the past 5 years the exports of India to Guyana have increased at an annualized rate of 11.3%,  from $34.2M in 2018 to $99.9M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $325M to India. The main products exported from Guyana to India were Crude Petroleum ($310M), Aluminium Ore ($8.34M), and Scrap Iron ($2.48M). During the last 5 years the exports of Guyana to India have increased at an annualized rate of 164%, from $2.51M in 2018 to $325M in 2023.

In 2018, India exported $99.9M to Guyana. The main products exported from India to Guyana were Passenger and Cargo Ships ($12.5M), Packaged Medicaments ($10.1M), and Other Electrical Machinery ($8.35M). During the last 5 years the exports of India to Guyana have increased at an annualized rate of 11.3%, from $34.2M in 2023 to $99.9M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and India (Flag)

Guyana Exports

India Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
India
Top DestinationUnited States$85.5B

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 2023, countries that imported more from Guyana than India included Trinidad and Tobago ($1.9B), Panama ($519M), and Suriname ($170M).

In 2023, countries that imported more from India than Guyana included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

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 2023, Guyana had a large net trade with India in the exports of Mineral Products ($319M), Metals ($3.22M), and Wood Products ($1.6M).

During 2018, India had a large net trade with Guyana in the exports of Machines ($24.2M), Transportation ($22M), and Chemical Products ($17M).

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) (2023)

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