Country intelligence · GUY · 2024

Guyana trade profile

In 2024, Guyana recorded $21.7B in merchandise exports and $5.9B in imports, producing a $15.7B trade surplus. Exports changed +91.5% from the previous year, while imports changed +19.8%.[1]

Exports

$21.7B

+91.5%

Imports

$5.9B

+19.8%

Trade balance

$15.7B

surplus

Active partners

270

43 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$21.7B$5.9B$15.7B+91.5%
2023$11.3B$5.0B$6.4B-42.6%
2022$19.7B$3.9B$15.8B+192.9%
2021$6.7B$3.2B$3.5B+79.9%
2020$3.7B$2.4B$1.4B+145.4%
2019$1.5B$2.6B-$1.0B-2.0%
2018$1.6B$2.2B-$619.5M-7.0%
2017$1.7B$1.6B$38.7M+11.1%
2016$1.5B$1.6B-$45.8M+15.3%
2015$1.3B$1.5B-$164.4M-5.8%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 27 · Mineral fuels and oils

36 active HS6 lines · 47 export partners

$19.5B
2

HS 71 · Precious metals and stones

25 active HS6 lines · 22 export partners

$1.0B
3

HS 86 · HS chapter

14 active HS6 lines · 32 export partners

$510.7M
4

HS 10 · Cereals

20 active HS6 lines · 35 export partners

$200.1M
5

HS 26 · HS chapter

15 active HS6 lines · 32 export partners

$134.9M
6

HS 84 · Machinery

482 active HS6 lines · 96 export partners

$77.3M
7

HS 03 · HS chapter

140 active HS6 lines · 24 export partners

$53.4M
8

HS 44 · HS chapter

86 active HS6 lines · 44 export partners

$33.0M

Leading export markets

Destinations rank bilateral export flows from Guyana; growth describes each corridor rather than the whole economy.

1

United States

Annual change +69.6% · 3-year CAGR 23.9%

$4.6B
2

Netherlands

Annual change +116.1% · 3-year CAGR 225.3%

$2.8B
3

Panama

Annual change +388.3% · 3-year CAGR 45.2%

$2.5B
4

United Kingdom

Annual change +199.6% · 3-year CAGR 107.9%

$1.8B
5

Germany

Annual change +87.0% · 3-year CAGR 292.3%

$1.6B
6

Spain

Annual change +122.7% · 3-year CAGR 141.8%

$1.0B
7

Sweden

Annual change +1314.1% · 3-year CAGR 1027.9%

$908.8M
8

Brazil

Annual change +24.4% · 3-year CAGR 434.4%

$749.5M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.