2022
Flag  
GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC 
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Guyana-Saudi Arabia Trade: In 2022, Guyana exported $1.32M to Saudi Arabia. The main products that Guyana exported to Saudi Arabia were Wood Carpentry ($1.28M), Surveying Equipment ($15.7k), and Valves ($15.3k). Over the past 5 years the exports of Guyana to Saudi Arabia have decreased at an annualized rate of 16.5%, from $3.23M in 2017 to $1.32M in 2022.

In 2022, Guyana did not export any services to Saudi Arabia.

Saudi Arabia-Guyana Trade: In 2022, Saudi Arabia exported $466k to Guyana. The main products that Saudi Arabia exported to Guyana were Stranded Iron Wire ($277k), Other Plastic Sheetings ($146k), and Hair Products ($17.9k). Over the past 5 years the exports of Saudi Arabia to Guyana have increased at an annualized rate of 32.5%,  from $114k in 2017 to $466k in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guyana exported $1.32M to Saudi Arabia. The main products exported from Guyana to Saudi Arabia were Wood Carpentry ($1.28M), Surveying Equipment ($15.7k), and Valves ($15.3k). During the last 5 years the exports of Guyana to Saudi Arabia have decreased at an annualized rate of 16.5%, from $3.23M in 2017 to $1.32M in 2022.

In 2017, Saudi Arabia exported $466k to Guyana. The main products exported from Saudi Arabia to Guyana were Stranded Iron Wire ($277k), Other Plastic Sheetings ($146k), and Hair Products ($17.9k). During the last 5 years the exports of Saudi Arabia to Guyana have increased at an annualized rate of 32.5%, from $114k in 2022 to $466k in 2017.

Exports from Guyana (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Guyana (Flag) (2022)

Latest Data

Trade between Guyana (Flag) and Saudi Arabia (Flag)

Guyana Exports

Market Competitiveness

Color
Guyana
Top Destination
Panama$5.84B
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Guyana than Saudi Arabia included Panama ($5.84B), Aruba ($156M), and Jamaica ($101M).

In 2022, countries that imported more from Saudi Arabia than Guyana included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Guyana (Flag) (2022)

Comparative Advantage Guyana - Saudi Arabia

Flow
Scale

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

During 2022, Guyana had a large net trade with Saudi Arabia in the exports of Wood Products ($1.28M), Instruments ($15.7k), and Machines ($15.3k).

During 2017, Saudi Arabia had a large net trade with Guyana in the exports of Metals ($277k), Plastics and Rubbers ($148k), and Chemical Products ($19.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Saudi Arabia (Flag) (2022)

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