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Exports In 2022, Guyana exported $12.3M in Pharmaceutical products, making it the 109th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 13th most exported product in Guyana. The main destination of Pharmaceutical products exports from Guyana are: Trinidad and Tobago ($5.81M), Switzerland ($2.23M), Jamaica ($780k), United States ($766k), and United Kingdom ($442k).

The fastest growing export markets for Pharmaceutical products of Guyana between 2021 and 2022 were Trinidad and Tobago ($4.69M), Switzerland ($2.23M), and United States ($715k).

Imports In 2022, Guyana imported $44.5M in Pharmaceutical products, becoming the 161st largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 20th most imported product in Guyana. Guyana imports Pharmaceutical products primarily from: India ($21.2M), United States ($4.36M), United Kingdom ($3.61M), Spain ($1.58M), and South Korea ($1.46M).

The fastest growing import markets in Pharmaceutical products for Guyana between 2021 and 2022 were India ($2.33M), Spain ($1.58M), and South Korea ($960k).

Latest Trends

Aug 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 Pharmaceutical products. 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)$12.3M
IMPORTS (2022)$44.5M
NET TRADE (2022)-$32.2M

In 2022, Guyana exported $12.3M in Pharmaceutical products. The main destinations of Guyana exports on Pharmaceutical products were Trinidad and Tobago ($5.81M), Switzerland ($2.23M), Jamaica ($780k), United States ($766k), and United Kingdom ($442k).

In 2022, Guyana imported $44.5M in Pharmaceutical products, mainly from India ($21.2M), United States ($4.36M), United Kingdom ($3.61M), Spain ($1.58M), and South Korea ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Guyana WERE (2021 - 2022):
Trinidad and Tobago$4.69M (422%)
Switzerland$2.23M (1%)
United States$715k (1.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Guyana WERE (2021 - 2022):
United Kingdom-$351k (-44.2%)
Antigua and Barbuda-$135k (-34.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Guyana's main exporting competitors in Pharmaceutical products were:
In 2022, Guyana's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

See methodology.

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