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2022
Exports $9.6MWorld Rnk 100 / 217
Flag Rnk 20 / 656
2022
Destination $4.69M Trinidad and Tobago
2021 - 2022
FASTEST GROWING MARKET $4.69MTrinidad and Tobago
2022
PRODUCT COMPLEXITY IN Packaged Medicaments0.67Rnk 291 / 1025
2022
Imports $30.1MWorld Rnk 160 / 224
Flag Rnk 19 / 1079
2022
Origin $2.6M India
2021 - 2022
FASTEST GROWING ORIGIN $2.6MIndia

About

Exports In 2022, Guyana exported $9.6M in Packaged Medicaments, making it the 100th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 20th most exported product in Guyana. The main destination of Packaged Medicaments exports from Guyana are: Trinidad and Tobago ($5.8M), United States ($761k), Jamaica ($738k), Suriname ($312k), and United Kingdom ($304k).

The fastest growing export markets for Packaged Medicaments of Guyana between 2021 and 2022 were Trinidad and Tobago ($4.69M), United States ($711k), and Jamaica ($360k).

Imports In 2022, Guyana imported $30.1M in Packaged Medicaments, becoming the 160th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 19th most imported product in Guyana. Guyana imports Packaged Medicaments primarily from: India ($19.1M), United Kingdom ($2.23M), United States ($1.58M), Spain ($1.08M), and Netherlands ($1.03M).

The fastest growing import markets in Packaged Medicaments for Guyana between 2021 and 2022 were India ($2.6M), Spain ($1.08M), and United Kingdom ($882k).

Latest Trends

Oct 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 Packaged Medicaments. 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)$9.6M
IMPORTS (2022)$30.1M
NET TRADE (2022)-$20.5M

In 2022, Guyana exported $9.6M in Packaged Medicaments. The main destinations of Guyana exports on Packaged Medicaments were Trinidad and Tobago ($5.8M), United States ($761k), Jamaica ($738k), Suriname ($312k), and United Kingdom ($304k).

In 2022, Guyana imported $30.1M in Packaged Medicaments, mainly from India ($19.1M), United Kingdom ($2.23M), United States ($1.58M), Spain ($1.08M), and Netherlands ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Guyana WERE (2021 - 2022):
Trinidad and Tobago$4.69M (424%)
United States$711k (1.41k%)
Jamaica$360k (95.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Guyana WERE (2021 - 2022):
Saint Vincent and the Grenadines-$6.78M (-97%)
United Kingdom-$185k (-37.9%)
Antigua and Barbuda-$142k (-37.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guyana's main exporting competitors in Packaged Medicaments were:
Germany $74.8B
Switzerland $45.4B
United States $38.2B
In 2022, Guyana's main importing competitors in Packaged Medicaments were:
United States $91.3B
Switzerland $32.9B
Germany $32B

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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

See methodology.

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