Guyana (GUY) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

About

Guyana-Kuwait Trade: In 2023, Guyana exported $54k to Kuwait. The main products that Guyana exported to Kuwait were Other Animals ($27k), Surveying Equipment ($13.1k), and Transmissions ($8.47k). Over the past 5 years the exports of Guyana to Kuwait have decreased at an annualized rate of 20%, from $165k in 2018 to $54k in 2023.

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

Kuwait-Guyana In N/A, Kuwait did not export any products to Guyana.

In 2023, Kuwait 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, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guyana exported $54k to Kuwait. The main products exported from Guyana to Kuwait were Other Animals ($27k), Surveying Equipment ($13.1k), and Transmissions ($8.47k). During the last 5 years the exports of Guyana to Kuwait have decreased at an annualized rate of 20%, from $165k in 2018 to $54k in 2023.

Kuwait does not register exports to Guyana. The main products exported from Kuwait to Guyana were Valves ($5.98k).

Exports from Guyana () to Kuwait () (2023)

Exports from Kuwait () to Guyana () (2023)

Latest Data

Trade between Guyana () and Kuwait ()

Guyana Exports

Date

Kuwait Exports

Date

Jan 2017

Oct 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationUnited States$3.51B

Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from Guyana than Kuwait included Trinidad and Tobago ($1.9B), United States ($3.51B), and Netherlands ($1.82B).

In 2023, countries that imported more from Kuwait than Guyana included China ($17.4B), India ($9.51B), and Japan ($9.13B).

Difference in imports from Kuwait () and Guyana () (2023)

Comparative Advantage Guyana - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Guyana had a large net trade with Kuwait in the exports of Animal Products ($27k), Instruments ($14.5k), and Machines ($8.95k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Kuwait () (2023)

Exports from Kuwait () to Guyana () (2023)

Latest Data

Trade between Guyana () and Kuwait ()

Guyana Exports

Kuwait Exports

Market Competitiveness

Difference in imports from Kuwait () and Guyana () (2023)

Comparative Advantage Guyana - Kuwait

Economic Complexity

Competitive Landscape

Product Space of Guyana () and Kuwait () (2023)

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