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2023
Flag → Flag
Exports $1.9BRnk 2 / 147
2023
Flag → Flag
Top Product $1.18BRailway Cargo Containers
2023
Flag → Flag
Exports $625MRnk 3 / 123
2023
Flag → Flag
Top Product $121MRefined Petroleum
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 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$20,016CURRENT US$
Rnk 64 / 196
2013-2023
Flag
GDP PC GROWTH-6.54%CURRENT US$
Rnk 162 / 195

About

Guyana-Trinidad and Tobago Trade: In 2023, Guyana exported $1.9B to Trinidad and Tobago. The main products that Guyana exported to Trinidad and Tobago were Railway Cargo Containers ($1.18B), Excavation Machinery ($205M), and Coal Tar Oil ($144M). Over the past 5 years the exports of Guyana to Trinidad and Tobago have increased at an annualized rate of 123%, from $34.2M in 2018 to $1.9B in 2023.

In 2023, Guyana did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Guyana Trade: In 2023, Trinidad and Tobago exported $625M to Guyana. The main products that Trinidad and Tobago exported to Guyana were Refined Petroleum ($121M), Excavation Machinery ($101M), and Other Rubber Products ($100M). Over the past 5 years the exports of Trinidad and Tobago to Guyana have decreased at an annualized rate of 3%,  from $729M in 2018 to $625M in 2023.

In 2023, Trinidad and Tobago did not export any services to Guyana.

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B). That same year, Trinidad and Tobago ranked 98 in total exports ($11.7B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $1.9B to Trinidad and Tobago. The main products exported from Guyana to Trinidad and Tobago were Railway Cargo Containers ($1.18B), Excavation Machinery ($205M), and Coal Tar Oil ($144M). During the last 5 years the exports of Guyana to Trinidad and Tobago have increased at an annualized rate of 123%, from $34.2M in 2018 to $1.9B in 2023.

In 2018, Trinidad and Tobago exported $625M to Guyana. The main products exported from Trinidad and Tobago to Guyana were Refined Petroleum ($121M), Excavation Machinery ($101M), and Other Rubber Products ($100M). During the last 5 years the exports of Trinidad and Tobago to Guyana have decreased at an annualized rate of 3%, from $729M in 2023 to $625M in 2018.

Exports from Guyana (Flag) to Trinidad and Tobago (Flag) (2023)

Exports from Trinidad and Tobago (Flag) to Guyana (Flag) (2023)

Latest Data

Trade between Guyana (Flag) and Trinidad and Tobago (Flag)

Guyana Exports

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Trinidad and Tobago
Top DestinationUnited States$3.26B

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

In 2023, countries that imported more from Guyana than Trinidad and Tobago included Singapore ($1.66B), Netherlands ($1.82B), and Germany ($1.18B).

In 2023, countries that imported more from Trinidad and Tobago than Guyana included Chile ($605M), Belgium ($396M), and Morocco ($377M).

Difference in imports from Trinidad and Tobago (Flag) and Guyana (Flag) (2023)

Comparative Advantage Guyana - Trinidad and Tobago

Flow
Scale

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

During 2023, Guyana had a large net trade with Trinidad and Tobago in the exports of Transportation ($1.23B), Machines ($341M), and Mineral Products ($147M).

During 2018, Trinidad and Tobago had a large net trade with Guyana in the exports of Mineral Products ($142M), Machines ($127M), and Plastics and Rubbers ($111M).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Trinidad and Tobago (Flag) (2023)

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