2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP
$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 122 / 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
$22,798CURRENT US$
Rnk 54 / 196
2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
Rnk 90 / 195

About

Guyana-Uruguay Trade: In 2023, Guyana exported $104k to Uruguay. The main products that Guyana exported to Uruguay were Other Measuring Instruments ($87.3k), Other Furniture ($10.9k), and Electrical Transformers ($5.99k). Over the past 6 years the exports of Guyana to Uruguay have increased at an annualized rate of 2.32%, from $90.8k in 2017 to $104k in 2023.

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

Uruguay-Guyana Trade: In 2023, Uruguay exported $7.49M to Guyana. The main products that Uruguay exported to Guyana were Plastic Lids ($4.56M), Scented Mixtures ($1.98M), and Tractors ($324k). Over the past 6 years the exports of Uruguay to Guyana have increased at an annualized rate of 13.9%,  from $3.9M in 2017 to $7.49M in 2023.

In 2023, Uruguay 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, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $104k to Uruguay. The main products exported from Guyana to Uruguay were Other Measuring Instruments ($87.3k), Other Furniture ($10.9k), and Electrical Transformers ($5.99k). During the last 6 years the exports of Guyana to Uruguay have increased at an annualized rate of 2.32%, from $90.8k in 2017 to $104k in 2023.

In 2018, Uruguay exported $7.49M to Guyana. The main products exported from Uruguay to Guyana were Plastic Lids ($4.56M), Scented Mixtures ($1.98M), and Tractors ($324k). During the last 5 years the exports of Uruguay to Guyana have increased at an annualized rate of 13.9%, from $3.9M in 2023 to $7.49M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Uruguay (Flag)

Guyana Exports

Uruguay Exports

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
Uruguay
Top Destination
China$2.34B

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

In 2023, countries that imported more from Guyana than Uruguay included United States ($3.51B), Trinidad and Tobago ($1.9B), and Singapore ($1.66B).

In 2023, countries that imported more from Uruguay than Guyana included China ($2.34B), Brazil ($1.92B), and Argentina ($569M).

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

Comparative Advantage Guyana - Uruguay

Flow
Scale

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

During 2023, Guyana had a large net trade with Uruguay in the exports of Instruments ($87.3k), Miscellaneous ($10.9k), and Machines ($5.99k).

During 2018, Uruguay had a large net trade with Guyana in the exports of Plastics and Rubbers ($4.63M), Chemical Products ($2.06M), and Transportation ($432k).

Economic Complexity

Competitive Landscape

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

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

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