2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC 
$20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195

About

Guyana-Chinese Taipei Trade: In 2023, Guyana exported $29.7M to Chinese Taipei. The main products that Guyana exported to Chinese Taipei were Railway Cargo Containers ($27.4M), Aluminium Ore ($865k), and Scrap Iron ($832k). Over the past 5 years the exports of Guyana to Chinese Taipei have increased at an annualized rate of 62.1%, from $2.66M in 2018 to $29.7M in 2023.

In 2023, Guyana did not export any services to Chinese Taipei.

Chinese Taipei-Guyana Trade: In 2023, Chinese Taipei exported $5.4M to Guyana. The main products that Chinese Taipei exported to Guyana were Motor vehicles; parts and accessories (8701 to 8705) ($517k), Ethylene Polymers ($479k), and Air Pumps ($427k). Over the past 5 years the exports of Chinese Taipei to Guyana have increased at an annualized rate of 1.78%,  from $4.95M in 2018 to $5.4M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $29.7M to Chinese Taipei. The main products exported from Guyana to Chinese Taipei were Railway Cargo Containers ($27.4M), Aluminium Ore ($865k), and Scrap Iron ($832k). During the last 5 years the exports of Guyana to Chinese Taipei have increased at an annualized rate of 62.1%, from $2.66M in 2018 to $29.7M in 2023.

In 2018, Chinese Taipei exported $5.4M to Guyana. The main products exported from Chinese Taipei to Guyana were Motor vehicles; parts and accessories (8701 to 8705) ($517k), Ethylene Polymers ($479k), and Air Pumps ($427k). During the last 5 years the exports of Chinese Taipei to Guyana have increased at an annualized rate of 1.78%, from $4.95M in 2023 to $5.4M in 2018.

Exports from Guyana (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Guyana (Flag) (2023)

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
Chinese Taipei
Top Destination
China$101B

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

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

In 2023, countries that imported more from Chinese Taipei than Guyana included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Guyana (Flag) (2023)

Comparative Advantage Guyana - Chinese Taipei

Flow
Scale

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

During 2023, Guyana had a large net trade with Chinese Taipei in the exports of Transportation ($27.4M), Metals ($1.07M), and Mineral Products ($865k).

During 2018, Chinese Taipei had a large net trade with Guyana in the exports of Machines ($1.64M), Plastics and Rubbers ($1.31M), and Metals ($721k).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Chinese Taipei (Flag) (2023)

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