globaltraffic.earth

Guyana trade in 2024

In 2024, Guyana exported $23 billion and imported $7.4 billion, a trade surplus of $15.6 billion. It was the world's 74th-largest exporter, with 0.1% of world exports. Its top export was crude petroleum (86.8% of the total) and its main trading partner was the United States (25.1% of its trade).

Summary

Exports
$23billion
Imports
$7.4billion
Trade balance
+$15.6billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
View on the 3D globe

Products

What it exports

Crude petroleum (86.8%) and gold (4.7%) together make up 91.5% of its exports.

  1. Crude petroleum$19.9 billion · 86.8%
    Main partner: United States
  2. Gold$1.1 billion · 4.7%
    Main partner: United Arab Emirates
  3. Dredgers and floating cranes$726 million · 3.2%
    Main partner: Republic of the Congo
  4. Rice$273 million · 1.2%
    Main partner: Cuba
  5. Shipping containers$165 million · 0.72%
    Main partner: Trinidad and Tobago
  6. Precious metal scrap$141 million · 0.61%
    Main partner: Belgium
  7. Bauxite (aluminum ore)$119 million · 0.52%
    Main partner: United States
  8. Airplanes and helicopters$38 million · 0.17%
    Main partner: Brazil
  9. Parts for cranes and excavators$37 million · 0.16%
    Main partner: United States
  10. Spirits$26 million · 0.11%
    Main partner: United States

What it imports

Refined petroleum (13.9%) and dredgers and floating cranes (6.2%) together make up 20% of its imports.

  1. Refined petroleum$1 billion · 13.9%
    Main partner: United States
  2. Dredgers and floating cranes$455 million · 6.2%
    Main partner: South Korea
  3. Seamless steel pipes$310 million · 4.2%
    Main partner: Mexico
  4. Valves and taps$282 million · 3.8%
    Main partner: Brazil
  5. Parts for cranes and excavators$241 million · 3.3%
    Main partner: United States
  6. Cars$203 million · 2.7%
    Main partner: Japan
  7. Bulldozers and excavators$196 million · 2.7%
    Main partner: China
  8. Turbojets and gas turbines$189 million · 2.6%
    Main partner: United States
  9. Trucks$187 million · 2.5%
    Main partner: China
  10. Other industrial machines$143 million · 1.9%
    Main partner: United States
By Harmonized System chapter (96)
ChapterExportsImports
27 · Oil, gas and coal$19.9 billion$1.1 billion
71 · Gems and precious metals$1.2 billion$397 thousand
89 · Ships and boats$739 million$548 million
10 · Cereals$273 million$37 million
86 · Railway equipment$165 million$13 million
26 · Ores and slag$139 million$11 million
84 · Mechanical machinery$131 million$1.7 billion
03 · Fish and seafood$49 million$2 million
88 · Aircraft and spacecraft$46 million$134 million
44 · Wood$36 million$12 million
22 · Beverages and spirits$35 million$98 million
90 · Precision and medical instruments$26 million$175 million
73 · Iron and steel products$24 million$722 million
85 · Electrical and electronic equipment$21 million$456 million
17 · Sugar and sweets$21 million$18 million
25 · Salt, stone and cement$12 million$173 million
72 · Iron and steel$7 million$141 million
19 · Baked goods and cereal products$7 million$56 million
08 · Fruit and nuts$7 million$8 million
30 · Pharmaceuticals$6 million$40 million
82 · Tools and cutlery$5 million$36 million
31 · Fertilizers$5 million$49 million
87 · Vehicles$4 million$528 million
74 · Copper$4 million$8 million
20 · Preserved fruit and vegetables$3 million$39 million
48 · Paper and paperboard$3 million$53 million
94 · Furniture and lighting$2 million$121 million
39 · Plastics$2 million$177 million
76 · Aluminum$2 million$17 million
21 · Food preparations$2 million$55 million
40 · Rubber$2 million$68 million
38 · Miscellaneous chemicals$2 million$76 million
28 · Inorganic chemicals$2 million$57 million
09 · Coffee, tea and spices$2 million$7 million
15 · Fats and oils$1 million$34 million
23 · Animal feed and food waste$856 thousand$28 million
16 · Prepared meat and fish$800 thousand$20 million
01 · Live animals$772 thousand$595 thousand
97 · Art and antiques$698 thousand$239 thousand
63 · Home textiles and used clothing$612 thousand$19 million
29 · Organic chemicals$574 thousand$20 million
33 · Perfumes and cosmetics$552 thousand$40 million
07 · Vegetables$545 thousand$32 million
34 · Soap and cleaning products$500 thousand$48 million
11 · Milling products and malt$426 thousand$16 million
62 · Woven clothing$322 thousand$14 million
70 · Glass$299 thousand$20 million
04 · Dairy, eggs and honey$297 thousand$91 million
12 · Oilseeds and grains$275 thousand$20 million
56 · Felt, nonwovens and rope$263 thousand$8 million
95 · Toys and sports gear$210 thousand$13 million
83 · Miscellaneous metal goods$201 thousand$19 million
47 · Wood pulp$183 thousand$36 thousand
32 · Dyes, paints and tanning agents$155 thousand$28 million
61 · Knitted clothing$139 thousand$12 million
64 · Footwear$112 thousand$11 million
42 · Leather goods and bags$106 thousand$6 million
75 · Nickel$93 thousand$10 million
93 · Weapons and ammunition$90 thousand$4 million
91 · Watches and clocks$86 thousand$970 thousand
68 · Stone, plaster and cement articles$71 thousand$21 million
36 · Explosives and matches$62 thousand$27 million
59 · Coated and technical textiles$56 thousand$5 million
49 · Books and printed matter$46 thousand$17 million
96 · Other manufactured goods$41 thousand$9 million
65 · Hats$30 thousand$2 million
46 · Wicker and basketware$28 thousand$29 thousand
92 · Musical instruments$27 thousand$272 thousand
81 · Other base metals$25 thousand$459 thousand
35 · Glues, starches and enzymes$14 thousand$4 million
52 · Cotton$14 thousand$264 thousand
13 · Gums and plant extracts$13 thousand$540 thousand
37 · Photographic goods$12 thousand$506 thousand
02 · Meat and offal$10 thousand$13 million
06 · Live plants and flowers$8 thousand$152 thousand
69 · Ceramics$6 thousand$18 million
14 · Other plant products$5 thousand$158 thousand
54 · Synthetic filaments$5 thousand$3 million
24 · Tobacco$3 thousand$6 million
79 · Zinc$3 thousand$2 million
57 · Carpets and rugs$3 thousand$4 million
55 · Synthetic staple fibers$3 thousand$2 million
66 · Umbrellas and canes$2 thousand$565 thousand
58 · Special fabrics and lace$2 thousand$1 million
78 · Lead$2 thousand$606 thousand
67 · Feathers and artificial flowers$2 thousand$4 million
05 · Other animal products$2 thousand$53 thousand
18 · Cocoa and chocolate$2 thousand$11 million
43 · Fur and fur goods$138$28 thousand
41 · Hides and leather$88$89 thousand
50 · Silk$77$1 thousand
51 · Wool$14$54 thousand
53 · Other plant fibers$10$411 thousand
60 · Knitted fabric$0$265 thousand
45 · Cork$0$157 thousand
80 · Tin$0$26 thousand

Trading partners

The United States is its main destination (22.7% of exports) and source (32.6% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
United States5.222.7%Sea
Netherlands2.812%Sea
Panama2.511%Sea
Germany2.29.4%Sea
Spain1.56.6%Sea
Sweden14.5%Sea
United Kingdom0.914%Sea
Brazil0.914%Land
Romania0.632.7%Sea
United Arab Emirates0.452%Air

Who it buys from

PartnerValue (USD billions)ShareMode
United States2.432.6%Sea
China0.9813.3%Sea
South Korea0.496.6%Sea
Brazil0.456.1%Land
Trinidad and Tobago0.425.7%Sea
United Kingdom0.34%Sea
Japan0.233.2%Sea
Mexico0.182.4%Sea
Suriname0.172.3%Sea
Netherlands0.142%Sea

Overview 1995–2024

In 2024, Guyana accounted for 0.1% of world exports, compared with 0.01% in 1995.

Exports and imports

Exports grew 47-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 23
  • Imports 7.4
  • Balance +15.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$489 million$362 million$127 million
1996$554 million$410 million$144 million
1997$866 million$742 million$124 million
1998$765 million$678 million$87 million
1999$713 million$569 million$144 million
2000$780 million$651 million$130 million
2001$674 million$664 million$10 million
2002$636 million$683 million-$46 million
2003$677 million$718 million-$41 million
2004$751 million$753 million-$1 million
2005$658 million$895 million-$237 million
2006$757 million$1.1 billion-$339 million
2007$941 million$1.1 billion-$208 million
2008$1.1 billion$1.6 billion-$527 million
2009$1 billion$1.4 billion-$392 million
2010$1.2 billion$1.8 billion-$618 million
2011$1.6 billion$2.2 billion-$629 million
2012$1.9 billion$2.2 billion-$385 million
2013$1.8 billion$2.3 billion-$429 million
2014$1.6 billion$2 billion-$381 million
2015$1.4 billion$1.7 billion-$256 million
2016$1.7 billion$1.7 billion-$5 million
2017$2.1 billion$2 billion$147 million
2018$1.7 billion$2.5 billion-$853 million
2019$1.7 billion$4.2 billion-$2.5 billion
2020$4.2 billion$2.6 billion$1.6 billion
2021$7.9 billion$4.9 billion$3 billion
2022$16.3 billion$4.1 billion$12.2 billion
2023$16 billion$5.5 billion$10.4 billion
2024$23 billion$7.4 billion$15.6 billion

World rank

Guyana rose from 130th to 74th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 130th in 1995
  • 74th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995130th
1996134th
1997122nd
1998124th
1999129th
2000134th
2001138th
2002140th
2003148th
2004148th
2005155th
2006154th
2007152nd
2008152nd
2009153rd
2010151st
2011150th
2012144th
2013145th
2014148th
2015149th
2016139th
2017139th
2018143rd
2019144th
2020126th
2021109th
202288th
202384th
202474th

What it sells

Oil, gas and coal became its top export group: from 0% to 87%

% of exports by Harmonized System chapter.

  • Other 1%
  • Fish and seafood 0%
  • Mechanical machinery 1%
  • Ores and slag 1%
  • Railway equipment 1%
  • Cereals 1%
  • Ships and boats 3%
  • Gems and precious metals 5%
  • Oil, gas and coal 87%

Source: CEPII BACI

Show the numbers
Chapter19952024
Oil, gas and coal0%86.8%
Gems and precious metals25.2%5.4%
Ships and boats0.01%3.2%
Cereals1.9%1.2%
Railway equipment0%0.72%
Ores and slag21.1%0.61%
Mechanical machinery0.42%0.57%
Fish and seafood5.5%0.21%
Other46%1.3%

Who it trades with

Panama went from 0% to 9% of Guyana's trade

% of total trade (exports + imports) with each partner.

  • United States 25%
  • Netherlands 10%
  • Panama 9%
  • Germany 7%
  • Spain 5%

Source: CEPII BACI

Show the numbers
Partner19952024
United States30.3%25.1%
Netherlands2.7%9.6%
Panama0%8.6%
Germany4.6%7.3%
Spain0.46%5.2%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Guyana basinOil and gas · 10.9 Mt CO₂e
View on the globe

Largest economic production hubs (gridded GDP, 2024)

  • Georgetown$37.6 billion (PPP, 2021 dollars)
View on the globe

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Neighboring countries

See all countries