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Who does Guyana rely on?

The largest supplier of Guyana in 2024 is the United States, with 32.6% of what Guyana buys. Its share was 24.3% in 2019 and 36.6% in 1995. 215 of the 403 products Guyana buys for more than $1 million have a supplier selling more than 50% of what Guyana buys of that product; in 62, more than 75%. In those products, purchases from each one’s dominant supplier add up to 39.8% of what Guyana buys.

Summary

Largest supplier: United States
32.6%
Concentration (HHI)
1,412
Products with a supplier above 50%
215
Products with a supplier above 75%
62

Concentration index (HHI): 1,412 out of 10,000; equivalent to splitting purchases among 7 suppliers of the same size

Trend

Trend in shares

Trinidad and Tobago went from 18.2% to 5.7% of what Guyana buys

Share (%)

  • United States 32.6%
  • China 13.3%
  • South Korea 6.6%
  • Brazil 6.1%
  • Trinidad and Tobago 5.7%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995United States36.6%
1996United States31%
1997United States32.8%
1998United States34.2%
1999United States37.3%
2000United States36.2%
2001United States34.1%
2002United States31%
2003United States26.1%
2004United States27.5%
2005Trinidad and Tobago29.5%
2006Trinidad and Tobago28.7%
2007United States23.4%
2008United States23.6%
2009United States25.1%
2010United States23.4%
2011United States21%
2012United States21.2%
2013United States18.7%
2014United States22.3%
2015United States24.5%
2016United States26.8%
2017United States25.8%
2018Trinidad and Tobago29.9%
2019United States24.3%
2020United States28.9%
2021Singapore34%
2022United States23%
2023United States28.7%
2024United States32.6%

Its suppliers

  1. United States$2.4 billion · 32.6%
  2. China$981 million · 13.3%
  3. South Korea$490 million · 6.6%
  4. Brazil$454 million · 6.1%
  5. Trinidad and Tobago$419 million · 5.7%
  6. United Kingdom$298 million · 4%
  7. Japan$233 million · 3.2%
  8. Mexico$178 million · 2.4%
  9. Suriname$166 million · 2.3%
  10. Netherlands$145 million · 2%

Some of these goods may have been produced in another country: countries record origin in different ways.

Products with a dominant supplier

Of the 403 products Guyana buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
Refined petroleumUnited States54.4%Trinidad and Tobago · 13.4%$1 billion
Dredgers and floating cranesSouth Korea97.2%over 75%Netherlands · 2.8%$455 million
Parts for cranes and excavatorsUnited States56%Brazil · 15.8%$241 million
CarsJapan72.8%Morocco · 7.1%$203 million
Bulldozers and excavatorsChina54.1%South Korea · 10.6%$196 million
Other industrial machinesUnited States58.1%Mexico · 8.5%$143 million
Centrifuges and filtersUnited States81.8%over 75%China · 4.6%$120 million
Cables and wireUnited States67.3%China · 9.5%$120 million
Other iron or steel articlesUnited States76%over 75%Netherlands · 6.4%$110 million
Airplanes and helicoptersUnited States59.8%Italy · 23.5%$110 million
Large-diameter steel pipesUnited States59.3%Brazil · 32.2%$67 million
Cameras and broadcast equipmentUnited States74.3%China · 10.3%$51 million
Cargo and cruise shipsUnited Kingdom98.5%over 75%China · 1.2%$50 million
Liquid pumpsUnited States50.5%China · 21.3%$50 million
Gravel and crushed stoneSuriname73.9%Saint Lucia · 9.8%$50 million
Chlorides and bromidesUnited States79.2%over 75%China · 11.1%$36 million
Buoys, rafts and floating structuresUnited Kingdom79.6%over 75%United States · 16.5%$35 million
X-ray and radiation equipmentCosta Rica62.6%Trinidad and Tobago · 20.1%$33 million
Special-purpose vehiclesChina60.6%United Kingdom · 23%$31 million
Natural gas and LPGTrinidad and Tobago95.1%over 75%Dominican Republic · 2.2%$31 million
CheeseNew Zealand51.1%United States · 18.2%$27 million
Flow, level and pressure metersUnited States71.7%United Kingdom · 5.8%$25 million
Control panelsChina51%United States · 29.8%$25 million
Aircraft partsUnited States81.9%over 75%United Kingdom · 4.1%$25 million
Industrial fatty acids and oilsUnited States71.2%Trinidad and Tobago · 10.9%$25 million

and 190 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: United States
22.7%
Concentration (HHI)
995

Concentration index (HHI): 995 out of 10,000; equivalent to splitting sales among 10 customers of the same size

Trend in shares

Panama went from 0% to 11% of what Guyana sells

Share (%)

  • United States 22.7%
  • Netherlands 12%
  • Panama 11%
  • Germany 9.4%
  • Spain 6.6%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995United States25.7%
1996Canada27%
1997Canada28.9%
1998Canada31.4%
1999Canada30.2%
2000Canada28.5%
2001Canada25.8%
2002United States25.7%
2003United States24.4%
2004United States20.7%
2005Canada18.1%
2006United States21.3%
2007United States17.3%
2008Canada20%
2009Canada26.4%
2010United States27.2%
2011United States26.8%
2012United States27.6%
2013United States25.9%
2014United States31.5%
2015United States30.9%
2016Canada28.8%
2017Canada23.9%
2018Canada26.7%
2019Canada23.7%
2020United States32.2%
2021United States29.5%
2022Panama35.8%
2023United States22%
2024United States22.7%

48 of the 82 products Guyana sells for more than $1 million have a customer buying more than 50% of what Guyana sells of that product; in 22, more than 75%. In those products, sales to each one’s dominant customer add up to 3.8% of what Guyana sells.

ProductCustomerShareSecondValue
Dredgers and floating cranesRepublic of the Congo56.9%Spain · 43.1%$726 million
Shipping containersTrinidad and Tobago65.2%Jamaica · 25.3%$165 million
Precious metal scrapBelgium100%over 75%Barbados · 0%$141 million
Airplanes and helicoptersBrazil100%over 75%Italy · 0.01%$38 million
Cane and beet sugarUnited States70.2%Trinidad and Tobago · 11.8%$20 million
Manganese oreChina100%over 75%—$17 million
Crustaceans (shrimp, lobster, crab)Netherlands61.3%United States · 29.7%$12 million
Metal drilling and milling machinesUnited States99%over 75%Romania · 0.39%$12 million
LogsChina62.7%United States · 13.2%$11 million
Turbojets and gas turbinesUnited Kingdom99.4%over 75%United States · 0.64%$10 million
Cargo and cruise shipsNetherlands100%over 75%—$10 million
Valves and tapsUnited States59.5%Trinidad and Tobago · 21.7%$9 million
Surveying instrumentsUnited States50.2%United Kingdom · 15%$9 million
Seamless steel pipesCyprus58.5%United States · 15.2%$9 million
Aircraft partsUnited States87.4%over 75%Brazil · 11.1%$7 million

and 33 more

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
89Uzbekistan1,434
90Guatemala1,421
91Guyana1,412
92Luxembourg1,402
93British Virgin Islands1,401
94Republic of the Congo1,399

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.