Guyana (GUY) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Guyana-Mexico Trade: In 2022, Guyana exported $8.85M to Mexico. The main products that Guyana exported to Mexico were Aluminium Ore ($6.56M), Excavation Machinery ($1.67M), and Metalworking Machine Parts ($180k). Over the past 5 years the exports of Guyana to Mexico have decreased at an annualized rate of 27.3%, from $43.5M in 2017 to $8.85M in 2022.

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

Mexico-Guyana Trade: In 2022, Mexico exported $41.9M to Guyana. The main products that Mexico exported to Guyana were Molasses ($5.88M), Vinyl Chloride Polymers ($3.47M), and Refrigerators ($2.56M). Over the past 5 years the exports of Mexico to Guyana have increased at an annualized rate of 15.6%, from $20.3M in 2017 to $41.9M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $8.85M to Mexico. The main products exported from Guyana to Mexico were Aluminium Ore ($6.56M), Excavation Machinery ($1.67M), and Metalworking Machine Parts ($180k). During the last 5 years the exports of Guyana to Mexico have decreased at an annualized rate of 27.3%, from $43.5M in 2017 to $8.85M in 2022.

In 2017, Mexico exported $41.9M to Guyana. The main products exported from Mexico to Guyana were Molasses ($5.88M), Vinyl Chloride Polymers ($3.47M), and Refrigerators ($2.56M). During the last 5 years the exports of Mexico to Guyana have increased at an annualized rate of 15.6%, from $20.3M in 2022 to $41.9M in 2017.

Exports from Guyana () to Mexico () (2022)

Exports from Mexico () to Guyana () (2022)

Latest Data

Trade between Guyana () and Mexico ()

Guyana Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Mexico
Top DestinationUnited States$421B

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 2022, countries that imported more from Guyana than Mexico included Panama ($5.84B), Netherlands ($2.86B), and Aruba ($156M).

In 2022, countries that imported more from Mexico than Guyana included United States ($421B), Canada ($22.2B), and China ($12.7B).

Difference in imports from Mexico () and Guyana () (2022)

Comparative Advantage Guyana - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Mexico in the exports of Mineral Products ($6.56M), Machines ($2.04M), and Instruments ($145k).

During 2017, Mexico had a large net trade with Guyana in the exports of Chemical Products ($11.4M), Foodstuffs ($10.2M), and Machines ($6.95M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Guyana () to Mexico () (2022)

Exports from Mexico () to Guyana () (2022)

Latest Data

Trade between Guyana () and Mexico ()

Guyana Exports

Mexico Exports

Market Competitiveness

Difference in imports from Mexico () and Guyana () (2022)

Comparative Advantage Guyana - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guyana () and Mexico () (2022)

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