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Exports In 2022, Guyana exported $123k in Laboratory Reagents, making it the 78th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 148th most exported product in Guyana. The main destination of Laboratory Reagents exports from Guyana are: Dominica ($29.2k), Trinidad and Tobago ($29.1k), Antigua and Barbuda ($21.3k), Grenada ($20.3k), and Suriname ($16.5k).

The fastest growing export markets for Laboratory Reagents of Guyana between 2021 and 2022 were Dominica ($29.2k), Antigua and Barbuda ($21.3k), and Jamaica ($3.63k).

Imports In 2022, Guyana imported $9.16M in Laboratory Reagents, becoming the 36th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 82nd most imported product in Guyana. Guyana imports Laboratory Reagents primarily from: United States ($4.96M), South Korea ($947k), United Kingdom ($720k), Panama ($627k), and China ($520k).

The fastest growing import markets in Laboratory Reagents for Guyana between 2021 and 2022 were United States ($2.78M), South Korea ($596k), and Panama ($434k).

Latest Trends

Nov 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Laboratory Reagents. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$123k
IMPORTS (2022)$9.16M
NET TRADE (2022)-$9.04M

In 2022, Guyana exported $123k in Laboratory Reagents. The main destinations of Guyana exports on Laboratory Reagents were Dominica ($29.2k), Trinidad and Tobago ($29.1k), Antigua and Barbuda ($21.3k), Grenada ($20.3k), and Suriname ($16.5k).

In 2022, Guyana imported $9.16M in Laboratory Reagents, mainly from United States ($4.96M), South Korea ($947k), United Kingdom ($720k), Panama ($627k), and China ($520k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Guyana WERE (2021 - 2022):
Dominica$29.2k (1%)
Jamaica$3.63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Guyana WERE (2021 - 2022):
Trinidad and Tobago-$27.5k (-48.6%)
Barbados-$6.33k (-100%)
Netherlands-$6.08k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Guyana's main exporting competitors in Laboratory Reagents were:
In 2022, Guyana's main importing competitors in Laboratory Reagents were:

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

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Laboratory Reagents’s highest export potential is N/A. With an export gap of N/A.   Laboratory Reagents’s highest import potential is N/A with an import gap of N/A.

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