2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP
$213BCURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP GROWTH
7.18%CURRENT US$
Rnk 163 / 195
2023
Flag
GDP PC 
$20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC
$80,196CURRENT US$
Rnk 10 / 196
2013-2023
Flag
GDP PC GROWTH
-22.7%CURRENT US$
Rnk 182 / 195

About

Guyana-Qatar Trade: In 2023, Guyana exported $199k to Qatar. The main products that Guyana exported to Qatar were Transmissions ($63.3k), Industrial Fatty Acids, Oils and Alcohols ($39.2k), and Excavation Machinery ($31.5k). Over the past 9 years the exports of Guyana to Qatar have increased at an annualized rate of 40.1%, from $9.57k in 2014 to $199k in 2023.

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

Qatar-Guyana Trade: In 2023, Qatar exported $16.3k to Guyana. The main products that Qatar exported to Guyana were Laboratory Reagents ($8.83k), Excavation Machinery ($6.41k), and Ball Bearings ($1.06k). Over the past 9 years the exports of Qatar to Guyana have increased at an annualized rate of 23.9%,  from $5.58k in 2014 to $16.3k in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $199k to Qatar. The main products exported from Guyana to Qatar were Transmissions ($63.3k), Industrial Fatty Acids, Oils and Alcohols ($39.2k), and Excavation Machinery ($31.5k). During the last 9 years the exports of Guyana to Qatar have increased at an annualized rate of 40.1%, from $9.57k in 2014 to $199k in 2023.

In 2018, Qatar exported $16.3k to Guyana. The main products exported from Qatar to Guyana were Laboratory Reagents ($8.83k), Excavation Machinery ($6.41k), and Ball Bearings ($1.06k). During the last 5 years the exports of Qatar to Guyana have increased at an annualized rate of 23.9%, from $5.58k in 2023 to $16.3k in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Qatar (Flag)

Guyana Exports

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
Qatar
Top Destination
China$20.9B

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

In 2023, countries that imported more from Guyana than Qatar included Trinidad and Tobago ($1.9B), United States ($3.51B), and Germany ($1.18B).

In 2023, countries that imported more from Qatar than Guyana included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

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

Comparative Advantage Guyana - Qatar

Flow
Scale

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

During 2023, Guyana had a large net trade with Qatar in the exports of Machines ($115k), Chemical Products ($39.2k), and Wood Products ($38.4k).

During 2018, Qatar had a large net trade with Guyana in the exports of Chemical Products ($8.83k) and Machines ($7.48k).

Economic Complexity

Competitive Landscape

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

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

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