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Exports In 2022, Guyana exported $1.59M in Margarine, making it the 87th largest exporter of Margarine in the world. At the same year, Margarine was the 49th most exported product in Guyana. The main destination of Margarine exports from Guyana are: Dominica ($451k), United States ($409k), Trinidad and Tobago ($295k), Saint Kitts and Nevis ($162k), and Barbados ($117k).

The fastest growing export markets for Margarine of Guyana between 2021 and 2022 were United States ($280k), Dominica ($279k), and Saint Kitts and Nevis ($78.3k).

Imports In 2022, Guyana imported $6.23M in Margarine, becoming the 139th largest importer of Margarine in the world. At the same year, Margarine was the 126th most imported product in Guyana. Guyana imports Margarine primarily from: United States ($1.81M), Sweden ($1.16M), Trinidad and Tobago ($1.02M), Barbados ($983k), and Netherlands ($439k).

The fastest growing import markets in Margarine for Guyana between 2021 and 2022 were United States ($964k), Sweden ($454k), and Indonesia ($152k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 Margarine. 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)$1.59M
IMPORTS (2022)$6.23M
NET TRADE (2022)-$4.64M

In 2022, Guyana exported $1.59M in Margarine. The main destinations of Guyana exports on Margarine were Dominica ($451k), United States ($409k), Trinidad and Tobago ($295k), Saint Kitts and Nevis ($162k), and Barbados ($117k).

In 2022, Guyana imported $6.23M in Margarine, mainly from United States ($1.81M), Sweden ($1.16M), Trinidad and Tobago ($1.02M), Barbados ($983k), and Netherlands ($439k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Guyana WERE (2021 - 2022):
United States$280k (218%)
Dominica$279k (163%)
Saint Kitts and Nevis$78.3k (93.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Guyana WERE (2021 - 2022):
Antigua and Barbuda-$84.8k (-70.4%)
Barbados-$15.3k (-11.6%)
Netherlands-$2.45k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guyana's main exporting competitors in Margarine were:
In 2022, Guyana's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

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

See methodology.

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