2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 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 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Russia-Guyana Trade: In 2022, Russia exported $2.25M to Guyana. The main products that Russia exported to Guyana were Prepared Explosives ($743k), Refined Petroleum ($703k), and Detonating Fuses ($700k). Over the past 5 years the exports of Russia to Guyana have increased at an annualized rate of 8.89%, from $1.47M in 2017 to $2.25M in 2022.

In 2020, Russia exported services to Guyana worth $43k, with Other business services ($16k), Transportation ($12k), and Communications services ($10k) being the largest in terms of value.

Guyana-Russia Trade: In 2022, Guyana exported $428 to Russia. The main products that Guyana exported to Russia were Alcohol > 80% ABV ($60), Sports Equipment ($60), and Interchangeable Tool Parts ($44). Over the past 5 years the exports of Guyana to Russia have decreased at an annualized rate of 72.7%,  from $284k in 2017 to $428 in 2022.

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

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). 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, Russia exported $2.25M to Guyana. The main products exported from Russia to Guyana were Prepared Explosives ($743k), Refined Petroleum ($703k), and Detonating Fuses ($700k). During the last 5 years the exports of Russia to Guyana have increased at an annualized rate of 8.89%, from $1.47M in 2017 to $2.25M in 2022.

In 2017, Guyana exported $428 to Russia. The main products exported from Guyana to Russia were Alcohol > 80% ABV ($60), Sports Equipment ($60), and Interchangeable Tool Parts ($44). During the last 5 years the exports of Guyana to Russia have decreased at an annualized rate of 72.7%, from $284k in 2022 to $428 in 2017.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Guyana
Top Destination
Panama$5.84B

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

In 2022, countries that imported more from Russia than Guyana included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Guyana than Russia included Panama ($5.84B), Aruba ($156M), and Venezuela ($97.3M).

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

Comparative Advantage Russia - Guyana

Flow
Scale

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

During 2022, Russia had a large net trade with Guyana in the exports of Chemical Products ($1.47M), Mineral Products ($703k), and Foodstuffs ($32.3k).

During 2017, Guyana had a large net trade with Russia in the exports of Metals ($122), Miscellaneous ($108), and Foodstuffs ($60).

Economic Complexity

Competitive Landscape

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

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

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