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2023
Flag → Flag
Exports $5.23MRnk 41 / 147
2023
Flag → Flag
Top Product $2.59MAluminium Ore
2023
Flag → Flag
Exports $79.8MRnk 74 / 158
2023
Flag → Flag
Top Product $31.8MIron Pipes
2023
Flag
Economic Complexity (ECI) ECI 1.09Rnk 25 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH34.8%CURRENT US$
Rnk 103 / 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$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH22.9%CURRENT US$
Rnk 94 / 195

About

Guyana-Mexico Trade: In 2023, Guyana exported $5.23M to Mexico. The main products that Guyana exported to Mexico were Aluminium Ore ($2.59M), Oscilloscopes ($590k), and Excavation Machinery ($480k). Over the past 5 years the exports of Guyana to Mexico have decreased at an annualized rate of 28.6%, from $28.2M in 2018 to $5.23M in 2023.

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

Mexico-Guyana Trade: In 2023, Mexico exported $79.8M to Guyana. The main products that Mexico exported to Guyana were Iron Pipes ($31.8M), Tractors ($3.57M), and Phosphatic Fertilizers ($3.18M). Over the past 5 years the exports of Mexico to Guyana have increased at an annualized rate of 13.9%,  from $36.5M in 2018 to $79.8M in 2023.

In 2023, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $5.23M to Mexico. The main products exported from Guyana to Mexico were Aluminium Ore ($2.59M), Oscilloscopes ($590k), and Excavation Machinery ($480k). During the last 5 years the exports of Guyana to Mexico have decreased at an annualized rate of 28.6%, from $28.2M in 2018 to $5.23M in 2023.

In 2018, Mexico exported $79.8M to Guyana. The main products exported from Mexico to Guyana were Iron Pipes ($31.8M), Tractors ($3.57M), and Phosphatic Fertilizers ($3.18M). During the last 5 years the exports of Mexico to Guyana have increased at an annualized rate of 13.9%, from $36.5M in 2023 to $79.8M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Mexico (Flag)

Guyana Exports

Mexico Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Mexico
Top DestinationUnited States$456B

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

In 2023, countries that imported more from Guyana than Mexico included Trinidad and Tobago ($1.9B), Greece ($409M), and Suriname ($170M).

In 2023, countries that imported more from Mexico than Guyana included United States ($456B), Canada ($33B), and China ($15B).

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

Comparative Advantage Guyana - Mexico

Flow
Scale

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

During 2023, Guyana had a large net trade with Mexico in the exports of Mineral Products ($2.64M), Machines ($976k), and Instruments ($955k).

During 2018, Mexico had a large net trade with Guyana in the exports of Metals ($36.1M), Machines ($14M), and Chemical Products ($12.4M).

Economic Complexity

Competitive Landscape

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

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

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