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Exports In 2022, Guyana exported $56.4M in Rum and tafia, making it the 13th largest exporter of Rum and tafia in the world. At the same year, Rum and tafia was the 7th most exported product in Guyana. The main destination of Rum and tafia exports from Guyana are: Netherlands ($14.9M), United States ($14.3M), Canada ($9.35M), United Kingdom ($5.16M), and Trinidad and Tobago ($2.71M).

The fastest growing export markets for Rum and tafia of Guyana between 2021 and 2022 were Netherlands ($6.99M), Jamaica ($1.16M), and Trinidad and Tobago ($636k).

Imports In 2022, Guyana imported $1.26M in Rum and tafia, becoming the 89th largest importer of Rum and tafia in the world. At the same year, Rum and tafia was the 465th most imported product in Guyana. Guyana imports Rum and tafia primarily from: Dominican Republic ($504k), Barbados ($329k), Panama ($147k), Suriname ($111k), and Trinidad and Tobago ($58.7k).

The fastest growing import markets in Rum and tafia for Guyana between 2021 and 2022 were Dominican Republic ($219k), Barbados ($64.6k), and Suriname ($25k).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (1) and Chevron (1) were at the forefront of shipping Rum and tafia from Guyana to the United States.

Latest Trends

Jul 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 Rum and tafia. 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)$56.4M
IMPORTS (2022)$1.26M
NET TRADE (2022)$55.1M

In 2022, Guyana exported $56.4M in Rum and tafia. The main destinations of Guyana exports on Rum and tafia were Netherlands ($14.9M), United States ($14.3M), Canada ($9.35M), United Kingdom ($5.16M), and Trinidad and Tobago ($2.71M).

In 2022, Guyana imported $1.26M in Rum and tafia, mainly from Dominican Republic ($504k), Barbados ($329k), Panama ($147k), Suriname ($111k), and Trinidad and Tobago ($58.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rum and tafia EXPORT MARKETS FOR Guyana WERE (2021 - 2022):
Netherlands$6.99M (87.7%)
Jamaica$1.16M (257%)
Trinidad and Tobago$636k (30.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rum and tafia BY Guyana WERE (2021 - 2022):
United States-$2.13M (-12.9%)
Canada-$1.1M (-10.5%)
Philippines-$611k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Guyana's main exporting competitors in Rum and tafia were:
In 2022, Guyana's main importing competitors in Rum and tafia were:

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Trade Value of Rum and tafia by Exporters

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