Guyana (GUY) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Guyana-Spain Trade: In 2022, Guyana exported $467M to Spain. The main products that Guyana exported to Spain were Crude Petroleum ($453M), Aluminium Ore ($11.5M), and Rice ($2.06M). Over the past 5 years the exports of Guyana to Spain have increased at an annualized rate of 98.4%, from $15.2M in 2017 to $467M in 2022.

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

Spain-Guyana Trade: In 2022, Spain exported $11M to Guyana. The main products that Spain exported to Guyana were Industrial Food Preperation Machinery ($2.22M), Packaged Medicaments ($1.08M), and Iron Structures ($948k). Over the past 5 years the exports of Spain to Guyana have increased at an annualized rate of 23.7%, from $3.78M in 2017 to $11M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $467M to Spain. The main products exported from Guyana to Spain were Crude Petroleum ($453M), Aluminium Ore ($11.5M), and Rice ($2.06M). During the last 5 years the exports of Guyana to Spain have increased at an annualized rate of 98.4%, from $15.2M in 2017 to $467M in 2022.

In 2017, Spain exported $11M to Guyana. The main products exported from Spain to Guyana were Industrial Food Preperation Machinery ($2.22M), Packaged Medicaments ($1.08M), and Iron Structures ($948k). During the last 5 years the exports of Spain to Guyana have increased at an annualized rate of 23.7%, from $3.78M in 2022 to $11M in 2017.

Exports from Guyana () to Spain () (2022)

Exports from Spain () to Guyana () (2022)

Latest Data

Trade between Guyana () and Spain ()

Guyana Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Guyana than Spain included Panama ($5.84B), Aruba ($156M), and Trinidad and Tobago ($90.6M).

In 2022, countries that imported more from Spain than Guyana included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Guyana - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Spain in the exports of Mineral Products ($465M), Vegetable Products ($2.06M), and Transportation ($60.4k).

During 2017, Spain had a large net trade with Guyana in the exports of Machines ($3.42M), Metals ($2.75M), and Chemical Products ($1.97M).

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

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Historical Data

Bilateral Trade by Products

Exports from Guyana () to Spain () (2022)

Exports from Spain () to Guyana () (2022)

Latest Data

Trade between Guyana () and Spain ()

Guyana Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Guyana - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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