Guyana (GUY) and Turkey (TUR) Trade | The Observatory of Economic Complexity

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Guyana-Turkey Trade: In 2022, Guyana exported $8.7M to Turkey. The main products that Guyana exported to Turkey were Aluminium Ore ($8.14M), Sawn Wood ($356k), and Hard Liquor ($194k). Over the past 5 years the exports of Guyana to Turkey have increased at an annualized rate of 19.4%, from $3.58M in 2017 to $8.7M in 2022.

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

Turkey-Guyana Trade: In 2022, Turkey exported $126M to Guyana. The main products that Turkey exported to Guyana were Cement ($30.4M), Raw Iron Bars ($26.9M), and Other Steel Bars ($21M). Over the past 5 years the exports of Turkey to Guyana have increased at an annualized rate of 32.3%, from $31.1M in 2017 to $126M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $8.7M to Turkey. The main products exported from Guyana to Turkey were Aluminium Ore ($8.14M), Sawn Wood ($356k), and Hard Liquor ($194k). During the last 5 years the exports of Guyana to Turkey have increased at an annualized rate of 19.4%, from $3.58M in 2017 to $8.7M in 2022.

In 2017, Turkey exported $126M to Guyana. The main products exported from Turkey to Guyana were Cement ($30.4M), Raw Iron Bars ($26.9M), and Other Steel Bars ($21M). During the last 5 years the exports of Turkey to Guyana have increased at an annualized rate of 32.3%, from $31.1M in 2022 to $126M in 2017.

Exports from Guyana () to Turkey () (2022)

Exports from Turkey () to Guyana () (2022)

Latest Data

Trade between Guyana () and Turkey ()

Guyana Exports

Date

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Turkey
Top DestinationGermany$21.9B

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

In 2022, countries that imported more from Guyana than Turkey included Panama ($5.84B), Aruba ($156M), and Saint Lucia ($11.8M).

In 2022, countries that imported more from Turkey than Guyana included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Guyana - Turkey

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Turkey in the exports of Mineral Products ($8.14M), Wood Products ($356k), and Foodstuffs ($194k).

During 2017, Turkey had a large net trade with Guyana in the exports of Metals ($67.1M), Mineral Products ($41.7M), and Paper Goods ($5.44M).

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 Turkey. This means that a dot/product with the flag of Guyana indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Guyana.

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Historical Data

Bilateral Trade by Products

Exports from Guyana () to Turkey () (2022)

Exports from Turkey () to Guyana () (2022)

Latest Data

Trade between Guyana () and Turkey ()

Guyana Exports

Turkey Exports

Market Competitiveness

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

Comparative Advantage Guyana - Turkey

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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