2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

India-Guyana Trade: In 2022, India exported $79.9M to Guyana. The main products that India exported to Guyana were Packaged Medicaments ($19.1M), Coated Flat-Rolled Iron ($9.06M), and Large Construction Vehicles ($5.02M). Over the past 5 years the exports of India to Guyana have increased at an annualized rate of 23.7%, from $27.7M in 2017 to $79.9M in 2022.

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

Guyana-India Trade: In 2022, Guyana exported $7.64M to India. The main products that Guyana exported to India were Diamonds ($2.07M), Rough Wood ($1.66M), and Aluminium Ore ($1.46M). Over the past 5 years the exports of Guyana to India have increased at an annualized rate of 25%,  from $2M in 2017 to $7.64M in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $79.9M to Guyana. The main products exported from India to Guyana were Packaged Medicaments ($19.1M), Coated Flat-Rolled Iron ($9.06M), and Large Construction Vehicles ($5.02M). During the last 5 years the exports of India to Guyana have increased at an annualized rate of 23.7%, from $27.7M in 2017 to $79.9M in 2022.

In 2017, Guyana exported $7.64M to India. The main products exported from Guyana to India were Diamonds ($2.07M), Rough Wood ($1.66M), and Aluminium Ore ($1.46M). During the last 5 years the exports of Guyana to India have increased at an annualized rate of 25%, from $2M in 2022 to $7.64M in 2017.

Exports from India (Flag) to Guyana (Flag) (2022)

Exports from Guyana (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Guyana
Top Destination
Panama$5.84B

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

In 2022, countries that imported more from India than Guyana included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Guyana than India included Panama ($5.84B), Aruba ($156M), and Suriname ($36.5M).

Difference in imports from Guyana (Flag) and India (Flag) (2022)

Comparative Advantage India - Guyana

Flow
Scale

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

During 2022, India had a large net trade with Guyana in the exports of Chemical Products ($26M), Machines ($14.7M), and Metals ($13M).

During 2017, Guyana had a large net trade with India in the exports of Precious Metals ($2.07M), Wood Products ($2.05M), and Mineral Products ($1.5M).

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Guyana (Flag) (2022)

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