2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Mexico-Guyana Trade: In 2022, Mexico exported $41.9M to Guyana. The main products that Mexico exported to Guyana were Molasses ($5.88M), Vinyl Chloride Polymers ($3.47M), and Refrigerators ($2.56M). Over the past 5 years the exports of Mexico to Guyana have increased at an annualized rate of 15.6%, from $20.3M in 2017 to $41.9M in 2022.

In 2022, Mexico did not export any services to Guyana.

Guyana-Mexico Trade: In 2022, Guyana exported $8.85M to Mexico. The main products that Guyana exported to Mexico were Aluminium Ore ($6.56M), Excavation Machinery ($1.67M), and Metalworking Machine Parts ($180k). Over the past 5 years the exports of Guyana to Mexico have decreased at an annualized rate of 27.3%,  from $43.5M in 2017 to $8.85M in 2022.

In 2022, Guyana did not export any services to Mexico.

Comparison In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08),  and 10 in total exports ($549B). That same year, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $41.9M to Guyana. The main products exported from Mexico to Guyana were Molasses ($5.88M), Vinyl Chloride Polymers ($3.47M), and Refrigerators ($2.56M). During the last 5 years the exports of Mexico to Guyana have increased at an annualized rate of 15.6%, from $20.3M in 2017 to $41.9M in 2022.

In 2017, Guyana exported $8.85M to Mexico. The main products exported from Guyana to Mexico were Aluminium Ore ($6.56M), Excavation Machinery ($1.67M), and Metalworking Machine Parts ($180k). During the last 5 years the exports of Guyana to Mexico have decreased at an annualized rate of 27.3%, from $43.5M in 2022 to $8.85M in 2017.

Exports from Mexico (Flag) to Guyana (Flag) (2022)

Exports from Guyana (Flag) to Mexico (Flag) (2022)

Latest Data

Trade between Mexico (Flag) and Guyana (Flag)

Mexico Exports

Guyana Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Guyana
Top Destination
Panama$5.84B

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

In 2022, countries that imported more from Mexico than Guyana included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Guyana than Mexico included Panama ($5.84B), Netherlands ($2.86B), and Aruba ($156M).

Difference in imports from Guyana (Flag) and Mexico (Flag) (2022)

Comparative Advantage Mexico - Guyana

Flow
Scale

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

During 2022, Mexico had a large net trade with Guyana in the exports of Chemical Products ($11.4M), Foodstuffs ($10.2M), and Machines ($6.95M).

During 2017, Guyana had a large net trade with Mexico in the exports of Mineral Products ($6.56M), Machines ($2.04M), and Instruments ($145k).

Economic Complexity

Competitive Landscape

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

Product Space of Mexico (Flag) and Guyana (Flag) (2022)

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