Guyana (GUY) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Guyana-Singapore Trade: In 2022, Guyana exported $552k to Singapore. The main products that Guyana exported to Singapore were Opto-Electric Instrument Parts ($134k), Hard Liquor ($107k), and Oscilloscopes ($77.2k). Over the past 5 years the exports of Guyana to Singapore have decreased at an annualized rate of 22.6%, from $1.99M in 2017 to $552k in 2022.

In 2022, Guyana did not export any services to Singapore.

Singapore-Guyana Trade: In 2022, Singapore exported $25.8M to Guyana. The main products that Singapore exported to Guyana were Excavation Machinery ($13.3M), Cars ($1.19M), and Cranes ($968k). Over the past 5 years the exports of Singapore to Guyana have increased at an annualized rate of 7.31%, from $7.77M in 2017 to $25.8M in 2022.

In 2022, Singapore did not export any services to Guyana.

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index. That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $552k to Singapore. The main products exported from Guyana to Singapore were Opto-Electric Instrument Parts ($134k), Hard Liquor ($107k), and Oscilloscopes ($77.2k). During the last 5 years the exports of Guyana to Singapore have decreased at an annualized rate of 22.6%, from $1.99M in 2017 to $552k in 2022.

In 2017, Singapore exported $25.8M to Guyana. The main products exported from Singapore to Guyana were Excavation Machinery ($13.3M), Cars ($1.19M), and Cranes ($968k). During the last 5 years the exports of Singapore to Guyana have increased at an annualized rate of 7.31%, from $7.77M in 2022 to $25.8M in 2017.

Exports from Guyana () to Singapore () (2022)

Exports from Singapore () to Guyana () (2022)

Latest Data

Trade between Guyana () and Singapore ()

Guyana Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Singapore
Top DestinationHong Kong$51.6B

This map shows whether countries import more from Guyana or Singapore. Each country is colored based on the difference in imports they receive from Guyana and Singapore or the difference in the growth in imports.

In 2022, countries that imported more from Guyana than Singapore included Panama ($5.84B), Italy ($1.18B), and Aruba ($156M).

In 2022, countries that imported more from Singapore than Guyana included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore () and Guyana () (2022)

Comparative Advantage Guyana - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Guyana and Singapore by product, considering products traded by both, Guyana and Singapore.

During 2022, Guyana had a large net trade with Singapore in the exports of Instruments ($298k), Foodstuffs ($107k), and Machines ($92.8k).

During 2017, Singapore had a large net trade with Guyana in the exports of Machines ($17.4M), Instruments ($2.47M), and Transportation ($1.34M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Guyana and Singapore. This means that a dot/product with the flag of Guyana indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore indicates it has a comparative advantage over Guyana.

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Singapore () (2022)

Exports from Singapore () to Guyana () (2022)

Latest Data

Trade between Guyana () and Singapore ()

Guyana Exports

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and Guyana () (2022)

Comparative Advantage Guyana - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guyana () and Singapore () (2022)

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