Singapore (SGP) and Guyana (GUY) Trade | The Observatory of Economic Complexity

About

Singapore-Guyana Trade: In 2022, Singapore exported $25.8M to Guyana. The main products that Singapore exported to Guyana were Excavation Machinery ($13.3M), Cars ($1.19M), and Cranes ($968k). Over the past 5 years the exports of Singapore to Guyana have increased at an annualized rate of 27.1%, from $7.77M in 2017 to $25.8M in 2022.

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

Guyana-Singapore Trade: In 2022, Guyana exported $552k to Singapore. The main products that Guyana exported to Singapore were Opto-Electric Instrument Parts ($134k), Hard Liquor ($107k), and Oscilloscopes ($77.2k). Over the past 5 years the exports of Guyana to Singapore have decreased at an annualized rate of 22.6%, from $1.99M in 2017 to $552k in 2022.

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

Comparison In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Singapore exported $25.8M to Guyana. The main products exported from Singapore to Guyana were Excavation Machinery ($13.3M), Cars ($1.19M), and Cranes ($968k). During the last 5 years the exports of Singapore to Guyana have increased at an annualized rate of 27.1%, from $7.77M in 2017 to $25.8M in 2022.

In 2017, Guyana exported $552k to Singapore. The main products exported from Guyana to Singapore were Opto-Electric Instrument Parts ($134k), Hard Liquor ($107k), and Oscilloscopes ($77.2k). During the last 5 years the exports of Guyana to Singapore have decreased at an annualized rate of 22.6%, from $1.99M in 2022 to $552k in 2017.

Exports from Singapore () to Guyana () (2022)

Exports from Guyana () to Singapore () (2022)

Latest Data

Trade between Singapore () and Guyana ()

Singapore Exports

Date

Guyana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Guyana
Top DestinationPanama$5.84B

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

In 2022, countries that imported more from Singapore than Guyana included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Guyana than Singapore included Panama ($5.84B), Italy ($1.18B), and Aruba ($156M).

Difference in imports from Guyana () and Singapore () (2022)

Comparative Advantage Singapore - Guyana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Guyana in the exports of Machines ($17.4M), Instruments ($2.47M), and Transportation ($1.34M).

During 2017, Guyana had a large net trade with Singapore in the exports of Instruments ($298k), Foodstuffs ($107k), and Machines ($92.8k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Guyana () (2022)

Exports from Guyana () to Singapore () (2022)

Latest Data

Trade between Singapore () and Guyana ()

Singapore Exports

Guyana Exports

Market Competitiveness

Difference in imports from Guyana () and Singapore () (2022)

Comparative Advantage Singapore - Guyana

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Singapore () and Guyana () (2022)

Keep Exploring