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Pricing

2022
Flag → Flag
Exports $1.04BRnk 79 / 219
2022
Flag → Flag
Top Product $170MRefined Petroleum
2022
Flag → Flag
Exports $2.37BRnk 3 / 139
2022
Flag → Flag
Top Product $2.09BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH248%CURRENT US$
Rnk 1 / 186

About

United States-Guyana Trade: In 2022, United States exported $1.04B to Guyana. The main products that United States exported to Guyana were Refined Petroleum ($170M), Machinery Having Individual Functions ($56.4M), and Valves ($48.6M). Over the past 5 years the exports of United States to Guyana have increased at an annualized rate of 19.9%, from $422M in 2017 to $1.04B in 2022.

In 2022, United States did not export any services to Guyana.

Guyana-United States Trade: In 2022, Guyana exported $2.37B to United States. The main products that Guyana exported to United States were Crude Petroleum ($2.09B), Aluminium Ore ($71.7M), and Gold ($28.8M). Over the past 5 years the exports of Guyana to United States have increased at an annualized rate of 50.5%,  from $307M in 2017 to $2.37B in 2022.

In 2022, Guyana did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (1) and Chevron (1) were at the forefront of exporting goods from Guyana to the United States. Conversely, Other (2) were notable for importing products to Guyana from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $131M and imported $391M from Guyana, resulting in a negative trade balance of $260M. Between August 2023 and August 2024 the exports of United States have increased by $7.78M (6.3%) from $123M to $131M, while imports increased by $94.9M (32%) from $296M to $391M.

Trade In August 2024, the top exports of United States to Guyana were Refined Petroleum ($35.5M), Centrifuges ($18M), Machinery Having Individual Functions ($7.09M), Oil Seed Flower ($6.74M), and Excavation Machinery ($6.11M). In August 2024 the top imports of United States from Guyana were Crude Petroleum ($163M), Commodities not elsewhere specified ($49.2M), Aluminium Ore ($6.13M), Gold ($2.87M), and Non-fillet Frozen Fish ($724k).

Origins In August 2024 the exports of United States were mainly from Texas ($56.2M), Florida ($29.4M), Louisiana ($14M), US Virgin Islands ($6.01M), and New York ($2.26M), while imports destinations were mainly California ($372M), Texas ($5.4M), Florida ($4.94M), Louisiana ($3.33M), and Kentucky ($2.34M).

Growth In August 2024, the increase in United States's year-by-year exports to Guyana was explained primarily by an increase in product exports in Refined Petroleum ($32.6M or 1.12k%), Centrifuges ($16.6M or 1.19k%), and Oil Seed Flower ($6.33M or 1.51k%). In August 2024, the increase in United States's year-by-year imports  from Guyana was explained primarily by an increase in product imports  in Commodities not elsewhere specified ($42.9M or 676%), Gold ($1.48M or 106%), and Aluminium Ore ($763k or 14.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$7.78M(6.3%)
IMPORT GROWTH (August 2023 - August 2024)$94.9M(32%)
MAIN EXPORTER (August 2024)Texas$56.2M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Guyana and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $1.04B to Guyana. The main products exported from United States to Guyana were Refined Petroleum ($170M), Machinery Having Individual Functions ($56.4M), and Valves ($48.6M). During the last 5 years the exports of United States to Guyana have increased at an annualized rate of 19.9%, from $422M in 2017 to $1.04B in 2022.

In 2017, Guyana exported $2.37B to United States. The main products exported from Guyana to United States were Crude Petroleum ($2.09B), Aluminium Ore ($71.7M), and Gold ($28.8M). During the last 5 years the exports of Guyana to United States have increased at an annualized rate of 50.5%, from $307M in 2022 to $2.37B in 2017.

Exports from United States (Flag) to Guyana (Flag) (2022)

Exports from Guyana (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Guyana
Top DestinationPanama$5.84B

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

In 2022, countries that imported more from United States than Guyana included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Guyana than United States included Saint Barthélemy ($1.22M).

Difference in imports from Guyana (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Guyana

Flow
Scale

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

During 2022, United States had a large net trade with Guyana in the exports of Machines ($367M), Mineral Products ($174M), and Metals ($84.3M).

During 2017, Guyana had a large net trade with United States in the exports of Mineral Products ($2.16B), Animal Products ($46.1M), and Foodstuffs ($44.8M).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Guyana (Flag) (2022)

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