Guyana (GUY) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Guyana-Russia Trade: In 2022, Guyana exported $428 to Russia. The main products that Guyana exported to Russia were Alcohol > 80% ABV ($60), Sports Equipment ($60), and Interchangeable Tool Parts ($44). Over the past 5 years the exports of Guyana to Russia have decreased at an annualized rate of 72.7%, from $284k in 2017 to $428 in 2022.

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

Russia-Guyana Trade: In 2022, Russia exported $2.25M to Guyana. The main products that Russia exported to Guyana were Prepared Explosives ($743k), Refined Petroleum ($703k), and Detonating Fuses ($700k). Over the past 5 years the exports of Russia to Guyana have increased at an annualized rate of 8.89%, from $1.47M in 2017 to $2.25M in 2022.

In 2020, Russia exported services to Guyana worth $43k, with Other business services ($16k), Transportation ($12k), and Communications services ($10k) being the largest in terms of value.

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $428 to Russia. The main products exported from Guyana to Russia were Alcohol > 80% ABV ($60), Sports Equipment ($60), and Interchangeable Tool Parts ($44). During the last 5 years the exports of Guyana to Russia have decreased at an annualized rate of 72.7%, from $284k in 2017 to $428 in 2022.

In 2017, Russia exported $2.25M to Guyana. The main products exported from Russia to Guyana were Prepared Explosives ($743k), Refined Petroleum ($703k), and Detonating Fuses ($700k). During the last 5 years the exports of Russia to Guyana have increased at an annualized rate of 8.89%, from $1.47M in 2022 to $2.25M in 2017.

Exports from Guyana () to Russia () (2022)

Exports from Russia () to Guyana () (2022)

Latest Data

Trade between Guyana () and Russia ()

Guyana Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Guyana than Russia included Panama ($5.84B), Aruba ($156M), and Venezuela ($97.3M).

In 2022, countries that imported more from Russia than Guyana included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Guyana - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Russia in the exports of Metals ($122), Miscellaneous ($108), and Foodstuffs ($60).

During 2017, Russia had a large net trade with Guyana in the exports of Chemical Products ($1.47M), Mineral Products ($703k), and Foodstuffs ($32.3k).

Potential Exports

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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Guyana worth $43k, with Other business services ($16k), Transportation ($12k), and Communications services ($10k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Guyana () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Russia () (2022)

Exports from Russia () to Guyana () (2022)

Latest Data

Trade between Guyana () and Russia ()

Guyana Exports

Russia Exports

Market Competitiveness

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

Comparative Advantage Guyana - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Guyana () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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