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2023
Flag → Flag
Exports $2.4MRnk 50 / 147
2023
Flag → Flag
Top Product $1.51MScrap Iron
2023
Flag → Flag
Exports $29.8MRnk 132 / 216
2023
Flag → Flag
Top Product $12.1MCars
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC $20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Guyana-Thailand Trade: In 2023, Guyana exported $2.4M to Thailand. The main products that Guyana exported to Thailand were Scrap Iron ($1.51M), Diamonds ($235k), and Ball Bearings ($175k). Over the past 5 years the exports of Guyana to Thailand have increased at an annualized rate of 4.13%, from $1.96M in 2018 to $2.4M in 2023.

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

Thailand-Guyana Trade: In 2023, Thailand exported $29.8M to Guyana. The main products that Thailand exported to Guyana were Cars ($12.1M), Delivery Trucks ($7.61M), and Special purpose motor vehicles ($2.35M). Over the past 5 years the exports of Thailand to Guyana have increased at an annualized rate of 5.76%,  from $9.21M in 2018 to $29.8M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $2.4M to Thailand. The main products exported from Guyana to Thailand were Scrap Iron ($1.51M), Diamonds ($235k), and Ball Bearings ($175k). During the last 5 years the exports of Guyana to Thailand have increased at an annualized rate of 4.13%, from $1.96M in 2018 to $2.4M in 2023.

In 2018, Thailand exported $29.8M to Guyana. The main products exported from Thailand to Guyana were Cars ($12.1M), Delivery Trucks ($7.61M), and Special purpose motor vehicles ($2.35M). During the last 5 years the exports of Thailand to Guyana have increased at an annualized rate of 5.76%, from $9.21M in 2023 to $29.8M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Thailand (Flag)

Guyana Exports

Thailand Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Guyana than Thailand included Trinidad and Tobago ($1.9B), Panama ($519M), and Greece ($409M).

In 2023, countries that imported more from Thailand than Guyana included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Guyana - Thailand

Flow
Scale

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

During 2023, Guyana had a large net trade with Thailand in the exports of Metals ($1.63M), Precious Metals ($235k), and Animal Products ($220k).

During 2018, Thailand had a large net trade with Guyana in the exports of Transportation ($22.8M), Foodstuffs ($3.2M), and Machines ($2.18M).

Economic Complexity

Competitive Landscape

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

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

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