Guyana (GUY) and Thailand (THA) Trade | The Observatory of Economic Complexity

About

Guyana-Thailand Trade: In 2022, Guyana exported $4.58M to Thailand. The main products that Guyana exported to Thailand were Scrap Iron ($4.02M), Other Animals ($260k), and Wood Carpentry ($157k). Over the past 5 years the exports of Guyana to Thailand have increased at an annualized rate of 28.8%, from $1.29M in 2017 to $4.58M in 2022.

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

Thailand-Guyana Trade: In 2022, Thailand exported $22.8M to Guyana. The main products that Thailand exported to Guyana were Delivery Trucks ($5.56M), Cars ($5.35M), and Processed Fish ($2.91M). Over the past 5 years the exports of Thailand to Guyana have increased at an annualized rate of 25%, from $7.47M in 2017 to $22.8M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $4.58M to Thailand. The main products exported from Guyana to Thailand were Scrap Iron ($4.02M), Other Animals ($260k), and Wood Carpentry ($157k). During the last 5 years the exports of Guyana to Thailand have increased at an annualized rate of 28.8%, from $1.29M in 2017 to $4.58M in 2022.

In 2017, Thailand exported $22.8M to Guyana. The main products exported from Thailand to Guyana were Delivery Trucks ($5.56M), Cars ($5.35M), and Processed Fish ($2.91M). During the last 5 years the exports of Thailand to Guyana have increased at an annualized rate of 25%, from $7.47M in 2022 to $22.8M in 2017.

Exports from Guyana () to Thailand () (2022)

Exports from Thailand () to Guyana () (2022)

Latest Data

Trade between Guyana () and Thailand ()

Guyana Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Guyana than Thailand included Panama ($5.84B), Aruba ($156M), and Venezuela ($97.3M).

In 2022, countries that imported more from Thailand than Guyana included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Guyana - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Thailand in the exports of Metals ($4.11M), Animal Products ($260k), and Wood Products ($157k).

During 2017, Thailand had a large net trade with Guyana in the exports of Transportation ($11.7M), Foodstuffs ($3.66M), and Machines ($3.43M).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Thailand () (2022)

Exports from Thailand () to Guyana () (2022)

Latest Data

Trade between Guyana () and Thailand ()

Guyana Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Guyana - Thailand

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring