# Guyana to Slovakia HS 270900 new corridor signal

This page reviews a reported new-corridor signal for oils: petroleum oils and oils obtained from bituminous minerals, crude. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 100/100
- Reported period: 2024
- Buyer market imports: $2.5B
- Buyer market growth: +6.6%
- Current exporter share: 1.5%
- Share gap: 84.7%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $2.5B
- Three-year buyer-import projection: $2.9B
- Supplier countries observed: 17
- Average buyer imports: $2.2B
- Historical buyer-import peak: $4.7B
- Full-history buyer-import CAGR: +4.8%
- Latest buyer-import annual change: +6.6%

## Competition landscape

- Top supplier: Russian Federation
- Top supplier share: 86.1%
- Market concentration: 7,463
- Exporter share: 1.5%
- Share gap to peer benchmark: 84.7%

## Access profile

- Applied tariff: 0.0%
- MFN tariff: 0.0%
- Preferential tariff: 0.0%
- Approximate distance: 8,369 km
- Trade agreement: Reported yes
- Business entry time: 21.5 days
- Shared spoken language score: 0.3

## Buyer economy

- GDP per person: $21.1K
- GDP per-person growth: +11.7%
- Population: 5,447k
- GDP: $114.9B
- GDP five-year CAGR: +5.9%
- Investment rate: 26.3%
- Savings rate: 25.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $36.8M | +0.0% |

## Broader route context

Broader Guyana to Slovakia route exports provide route context only; they are not presented as HS 270900 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $979.3K | +0.0% |
| 1996 | $131.5K | -86.6% |
| 1997 | $5.5K | -95.8% |
| 1998 | $1.2K | -78.5% |
| 1999 | $859.4 | -27.1% |
| 2000 | $2.8K | +231.5% |
| 2001 | $5.7K | +99.7% |
| 2002 | $14.6K | +156.0% |
| 2003 | $8.2K | -43.5% |
| 2004 | $5.2K | -36.7% |
| 2005 | $8.9K | +69.8% |
| 2006 | $98.1K | +1008.3% |
| 2007 | $306.9 | -99.7% |
| 2008 | $155.2 | -49.4% |
| 2009 | $6.7K | +4204.4% |
| 2010 | $3.2K | -51.5% |
| 2011 | $4.8K | +48.5% |
| 2012 | $66.2K | +1276.0% |
| 2013 | $16.4K | -75.2% |
| 2014 | $45.8K | +178.6% |
| 2015 | $99.8K | +118.2% |
| 2016 | $100.3K | +0.5% |
| 2017 | $231.0K | +130.3% |
| 2018 | $415.4K | +79.8% |
| 2019 | $295.8K | -28.8% |
| 2020 | $237.3K | -19.8% |
| 2021 | $417.1K | +75.8% |
| 2022 | $1.2M | +197.5% |
| 2023 | $356.9K | -71.2% |
| 2024 | $37.0M | +10275.4% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Guyana to AUS | HS 271019 | New corridor | $24.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/guy-aus-271019) |
| Guyana to TUR | HS 270900 | New corridor | $7.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/guy-tur-270900) |
| Guyana to Philippines | HS 854239 | New corridor | $6.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/guy-phl-854239) |
| Guyana to ARE | HS 710239 | New corridor | $5.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/guy-are-710239) |
| Guyana to CHN | HS 382200 | New corridor | $4.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/guy-chn-382200) |
| Guyana to USA, Puerto Rico and US Virgin Islands | HS 902131 | New corridor | $3.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/guy-usa-902131) |
| Guyana to BGR | HS 270900 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/guy-bgr-270900) |
| Guyana to Philippines | HS 851712 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/guy-phl-851712) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.