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How much of Guyana’s trade passes through the Panama Canal?

In 2024, an estimated $3.9 billion of Guyana’s trade passed through the Panama Canal, 15% of its seaborne trade. That is $1.6 billion of exports and $2.3 billion of imports. The partners with the most trade through it are the United States, China and South Korea.

Summary

Estimated value
$3.9billion
Of its seaborne trade
15%
Exports
$1.6billion
Imports
$2.3billion

Trend

Estimated value per year

Guyana’s estimated trade through the Panama Canal rose 453% between 2019 and 2024

Value in USD billions

  • Guyana 3.9

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$100 million15.2%
1996$92 million12.5%
1997$213 million18.2%
1998$166 million15.5%
1999$138 million14.2%
2000$153 million14.2%
2001$148 million14.5%
2002$158 million15.9%
2003$143 million13.6%
2004$161 million13.8%
2005$191 million15.4%
2006$257 million17%
2007$303 million18.6%
2008$327 million15.2%
2009$305 million17.5%
2010$422 million19%
2011$463 million16.7%
2012$498 million20.5%
2013$475 million16%
2014$502 million19.1%
2015$467 million20.8%
2016$466 million20.2%
2017$547 million19.2%
2018$635 million21.3%
2019$706 million19.6%
2020$1.2 billion23.3%
2021$1.7 billion14.5%
2022$2.3 billion12.7%
2023$2.7 billion17.3%
2024$3.9 billion15%

Partners whose trade crosses it

Estimated value of its trade with each partner that crosses the chokepoint; the percentage is the share of all its trade through the chokepoint, not of the pair’s trade.

  1. Guyana–United States$1.7 billion · 44%
  2. Guyana–China$1.3 billion · 32.9%
  3. Guyana–South Korea$486 million · 12.4%
  4. Guyana–Japan$235 million · 6%
  5. Guyana–Hong Kong$40 million · 1%
  6. Guyana–Mexico$34 million · 0.87%
  7. Guyana–New Zealand$29 million · 0.74%
  8. Guyana–Costa Rica$17 million · 0.44%
  9. Guyana–Canada$17 million · 0.43%
  10. Guyana–Peru$17 million · 0.43%

What crosses it

The products with the highest estimated value in 2024, with their share of the total through the chokepoint.

  1. Crude petroleum$1.5 billion · 38.8%
  2. Dredgers and floating cranes$442 million · 11.3%
  3. Cars$155 million · 4%
  4. Refined petroleum$142 million · 3.6%
  5. Bulldozers and excavators$140 million · 3.6%
  6. Trucks$121 million · 3.1%
  7. Seamless steel pipes$53 million · 1.4%
  8. Centrifuges and filters$32 million · 0.82%
  9. Parts for cranes and excavators$30 million · 0.77%
  10. Steel structures$28 million · 0.73%

Reference ports

Georgetown (100%)

Each port with the weight it receives from the country’s trade, based on where its GDP is generated and which coast is closest.

Other chokepoints it uses

Sources and method

Sources and licenses

Methodology

We estimate the value crossing each chokepoint from BACI trade that travels by sea according to our mode heuristic, split between each country’s ports by where its GDP is generated and which coast is closest, and routed over our own sea network. It is an estimate, not a count of ships. It covers 99.9% of seaborne trade. The approach follows Verschuur, Lumma and Hall (Nature Communications, 2025). Data up to 2024.

All maritime chokepoints