2022
Exports
$3.32MWorld Rnk 111 / 216
Flag Rnk 41 / 656
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$14MWorld Rnk 126 / 222
Flag Rnk 60 / 1079

About

Exports In 2022, Guyana exported $3.32M in Industrial Fatty Acids, Oils and Alcohols, making it the 111th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 41st most exported product in Guyana. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Guyana are: Suriname ($2.92M), United Kingdom ($158k), South Korea ($85.2k), Papua New Guinea ($78.2k), and Trinidad and Tobago ($71.8k).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Guyana between 2021 and 2022 were Suriname ($2.88M), United Kingdom ($158k), and Papua New Guinea ($78.2k).

Imports In 2022, Guyana imported $14M in Industrial Fatty Acids, Oils and Alcohols, becoming the 126th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 60th most imported product in Guyana. Guyana imports Industrial Fatty Acids, Oils and Alcohols primarily from: United States ($10.5M), Trinidad and Tobago ($876k), China ($496k), Italy ($457k), and Suriname ($397k).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Guyana between 2021 and 2022 were Suriname ($397k), Italy ($335k), and Brazil ($265k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Industrial Fatty Acids, Oils and Alcohols. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.32M
IMPORTS (2022)$14M
NET TRADE (2022)-$10.7M

In 2022, Guyana exported $3.32M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Guyana exports on Industrial Fatty Acids, Oils and Alcohols were Suriname ($2.92M), United Kingdom ($158k), South Korea ($85.2k), Papua New Guinea ($78.2k), and Trinidad and Tobago ($71.8k).

In 2022, Guyana imported $14M in Industrial Fatty Acids, Oils and Alcohols, mainly from United States ($10.5M), Trinidad and Tobago ($876k), China ($496k), Italy ($457k), and Suriname ($397k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Guyana WERE (2021 - 2022):
Suriname$2.88M (8.29k%)
United Kingdom$158k (1%)
Papua New Guinea$78.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Guyana WERE (2021 - 2022):
South Korea-$37k (-30.3%)
Austria-$13.8k (-100%)
United States-$4.85k (-46.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guyana's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Guyana's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is N/A. With an export gap of N/A.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is N/A with an import gap of N/A.

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