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Trade between Guyana and Spain

In 2024, Guyana exported $1.5 billion to Spain and imported $75 million. Guyana ran a surplus of $1.4 billion with Spain, compared with a surplus of $5 million in 2019. Spain was Guyana’s 5th largest trading partner (5% of its trade), and Guyana was Spain’s 63rd (0.2%).

Summary

Guyana → Spain
$1.5billion
Spain → Guyana
$75million
Guyana’s balance
$1.4billion

Balance

Guyana’s trade balance with Spain

Trade between Guyana and Spain grew 401.7-fold since 1995

USD billions (current). Guyana’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.5
  • Imports 0.1
  • Balance +1.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2 million$2 million$849 thousand
1996$2 million$1 million$957 thousand
1997$4 million$869 thousand$3 million
1998$2 million$1 million$1 million
1999$5 million$1 million$4 million
2000$2 million$1 million$1 million
2001$2 million$1 million$394 thousand
2002$15 million$2 million$14 million
2003$4 million$2 million$3 million
2004$5 million$2 million$3 million
2005$4 million$2 million$3 million
2006$4 million$2 million$3 million
2007$5 million$3 million$2 million
2008$9 million$2 million$7 million
2009$12 million$2 million$10 million
2010$7 million$6 million$2 million
2011$9 million$3 million$6 million
2012$8 million$3 million$6 million
2013$5 million$2 million$2 million
2014$5 million$2 million$3 million
2015$8 million$3 million$5 million
2016$15 million$4 million$11 million
2017$9 million$4 million$6 million
2018$18 million$5 million$13 million
2019$11 million$5 million$5 million
2020$31 million$7 million$24 million
2021$102 million$11 million$91 million
2022$514 million$10 million$504 million
2023$388 million$18 million$371 million
2024$1.5 billion$75 million$1.4 billion

What they sell each other

What Guyana sells to Spain

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$1.2 billion · 78.5%
    2.1 million tonnes · Guyana’s destinations
  2. Dredgers and floating cranes$313 million · 20.8%
    58 thousand tonnes
  3. Rice$6 million · 0.39%
    10 thousand tonnes
  4. Bauxite (aluminum ore)$3 million · 0.2%
    30 thousand tonnes
  5. Liquid pumps$261 thousand · 0.02%
  6. Other engines and motors$189 thousand · 0.01%
    1 tonne
  7. Refined petroleum$135 thousand · 0.01%
    27 tonnes · Spain’s sources
  8. Replacement tool heads$129 thousand · 0.01%
    3 tonnes
  9. Cables and wire$126 thousand · 0.01%
    Spain’s sources
  10. Ferrous scrap$89 thousand · 0.01%
    64 tonnes

What Spain sells to Guyana

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$42 million · 56.3%
    46 thousand tonnes · Spain’s destinations
  2. Steel structures$12 million · 15.2%
    3 thousand tonnes
  3. Welded steel pipes$10 million · 12.9%
    4 thousand tonnes
  4. 201 tonnes
  5. Transformers and power supplies$827 thousand · 1.1%
    28 tonnes
  6. Tractors$540 thousand · 0.72%
    50 tonnes
  7. Prefabricated buildings$510 thousand · 0.68%
    225 tonnes
  8. Yogurt and fermented milk$481 thousand · 0.64%
    141 tonnes
  9. Seamless steel pipes$420 thousand · 0.56%
    87 tonnes
  10. Fragrance mixtures$320 thousand · 0.42%
    68 tonnes

How it travels

Estimated sea route from Georgetown to Valencia.

The estimated sea route between Georgetown and Valencia is 3,953 nautical miles (7,320 km) long: ≈ 9–12 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.6 billion · 99.9%
  2. Air$2 million · 0.13%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Spain was Guyana’s 5th largest trading partner (5% of its trade), and Guyana was Spain’s 63rd (0.2%).

Spain in Guyana’s trade
5.2%
Spain’s rank among Guyana’s partners
5th
Guyana in Spain’s trade
0.2%
Guyana’s rank among Spain’s partners
63rd

Compare with

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.