Trade Data
02-01-2024
Guyana's exports to the world in 2022 are valued at US$7.9 billion. Compared to 2021, Guyana's exports totaled $4.24 billion, an 85.4% increase year-on-year.
Guyana's Best Export Partners
The latest country-specific data shows that Guyana's exports were purchased primarily by importers from the United States (34.4% of Guyana's total), Trinidad/Tobago (25.9%), Singapore (10.2%), Barbados (6.3%), United Arab Emirates (6.1%), United Kingdom (5.7%), Spain (3.8%), Jamaica ( 2.0%), Mainland China (1.5%), Venezuela (0.7%), Germany (0.5%) and Portugal (0.4%).
Guyana's top 10 exports
1. Fossil fuels including petroleum: US$4.3 billion (54.4% of total exports)
2. Railroads, streetcars: US$2.3 billion (29.9%)
3. Gems, precious metals: $393.5 million (5%)
4. Cereals: $207.1 million (2.6%)
5. Ships: $162.4 million (2.1%)
6. Ore, slag, ash: $102.4 million (1.3%)
7. Fish: $92.7 million (1.2%)
8. Beverages, spirits, vinegar: $67.2 million (0.9%)
9. Timber: $51.9 million (0.7%)
10. Pharmaceuticals: $47.6 million (0.6%)
Guyana's top 10 export commodities accounted for 98.6% of its total global exports.
Ships were the fastest growing of the top 10 export categories. The second highest improvement in export sales was in railroads and streetcars. Fish exports from Guyana grew the third fastest.
The worst decline in Guyana's top 10 export categories was Gemstones and Precious Metals, down -29.6% year-on-year.
Delving into the more detailed 4-digit HTS codes, Guyana's top 10 exports by value are crude oil (54.4% of Guyana's total exports), specially designed containers (29.9%), unwrought gold (4.8%), rice (2.6%) , light ships, fireboats, and floating decks (2.1%), aluminum ores and concentrates (1.3%), alcoholic beverages, including spirits and liqueurs (0.8%), frozen whole fish (0.7%), dosage mixes (0.6%) and sawn timber (0.4%).
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