2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP
$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 23 / 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
$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH
35.4%CURRENT US$
Rnk 69 / 195

About

Guyana-Turks and Caicos Islands Trade: In 2023, Guyana exported $518k to Turks and Caicos Islands. The main products that Guyana exported to Turks and Caicos Islands were Wood Carpentry ($377k), Sawn Wood ($138k), and Air Pumps ($1.23k). Over the past 5 years the exports of Guyana to Turks and Caicos Islands have increased at an annualized rate of 80.1%, from $27.3k in 2018 to $518k in 2023.

In 2023, Guyana did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Guyana Trade: In 2023, Turks and Caicos Islands exported $13.9k to Guyana. The main products that Turks and Caicos Islands exported to Guyana were Iron Structures ($8.06k), Machinery Having Individual Functions ($2.64k), and Awnings, Tents, and Sails ($1.44k). Over the past 5 years the exports of Turks and Caicos Islands to Guyana have decreased at an annualized rate of 37.5%,  from $146k in 2018 to $13.9k in 2023.

In 2023, Turks and Caicos Islands did not export any services to Guyana.

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B). That same year, Turks and Caicos Islands ranked 210 in total exports ($21.9M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $518k to Turks and Caicos Islands. The main products exported from Guyana to Turks and Caicos Islands were Wood Carpentry ($377k), Sawn Wood ($138k), and Air Pumps ($1.23k). During the last 5 years the exports of Guyana to Turks and Caicos Islands have increased at an annualized rate of 80.1%, from $27.3k in 2018 to $518k in 2023.

In 2018, Turks and Caicos Islands exported $13.9k to Guyana. The main products exported from Turks and Caicos Islands to Guyana were Iron Structures ($8.06k), Machinery Having Individual Functions ($2.64k), and Awnings, Tents, and Sails ($1.44k). During the last 5 years the exports of Turks and Caicos Islands to Guyana have decreased at an annualized rate of 37.5%, from $146k in 2023 to $13.9k in 2018.

Exports from Guyana (Flag) to Turks and Caicos Islands (Flag) (2023)

Exports from Turks and Caicos Islands (Flag) to Guyana (Flag) (2023)

Latest Data

Trade between Guyana (Flag) and Turks and Caicos Islands (Flag)

Guyana Exports

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
Turks and Caicos Islands
Top Destination
Gabon$5.91M

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

In 2023, countries that imported more from Guyana than Turks and Caicos Islands included United States ($3.51B), Trinidad and Tobago ($1.9B), and Netherlands ($1.82B).

In 2023, countries that imported more from Turks and Caicos Islands than Guyana included Gabon ($5.91M), Zimbabwe ($3.79M), and Mozambique ($636k).

Difference in imports from Turks and Caicos Islands (Flag) and Guyana (Flag) (2023)

Comparative Advantage Guyana - Turks and Caicos Islands

Flow
Scale

This chart compares trade between Guyana and Turks and Caicos Islands by product, considering products traded by both, Guyana and Turks and Caicos Islands.

During 2023, Guyana had a large net trade with Turks and Caicos Islands in the exports of Wood Products ($515k), Machines ($1.66k), and Transportation ($1k).

During 2018, Turks and Caicos Islands had a large net trade with Guyana in the exports of Metals ($8.29k), Machines ($2.98k), and Textiles ($1.44k).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Turks and Caicos Islands (Flag) (2023)

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