flag Guyana Guyana: Trade Profile

Foreign Trade in Figures

With an economy heavily dependent on international trade, the government of Guyana actively pursues multilateral trade agreements and ways to increase the competitiveness of its products. However, obstacles to investments and trade include inadequate infrastructure, high production costs, and regulatory constraints. According to the national Bureau of Statistics, the leading imports in 2024 were fuel and lubricants, articles of iron and steel, and contractors’ machinery, contributing USD 1,222.3 million, USD 731.4 million, and USD 462.6 million, respectively, to total imports. Exports of crude oil amounted to USD 17,993.2 million, representing 92.1% of domestic exports in 2024. Gold exports totalled USD 990.0 million, marking a 22.4% increase from USD 808.6 million in 2023.

According to the same source, the top three import trading partners for 2024 were the United States, Trinidad and Tobago, and China. Imports from the United States totalled USD 1,925.2 million, from Trinidad and Tobago USD 1,094.3 million, and from China USD 926.1 million. On the other hand, Guyana’s main export partners were the Kingdom of the Netherlands, the United States of America, and the United Kingdom. Exports to these countries amounted to USD 3,461.7 million, USD 3,253.9 million, and USD 3,137.3 million, respectively. The country, which has been a member of the WTO since 1995, has low customs duties and moderate non-tariff barriers. In addition, goods coming from CARICOM are duty-free. However, high duties (up to 100%) are imposed on certain products such as agricultural products, alcohol, and tobacco.

Guyana’s value of imported goods in 2024 totalled USD 6,807.5 million, marking a 2.8% increase compared to 2023. Domestic exports reached USD 19,535.5 million in 2024, reflecting a 51.3% rise from the previous year. Re-exported goods were valued at USD 256.9 million in 2024, up 18.3% from USD 217.2 million in 2023. Overall exports, combining domestic exports and re-exports, amounted to USD 19,792.4 million in 2024, representing a 50.7% increase over 2023. Guyana recorded a goods trade surplus of USD 12,728.1 million in 2024. Although no official data is available for 2024, Guyana has historically been a net service importer (USD 3.8 billion in imports in 2022, against USD 237 million in exports – WTO, latest data available).

 
Foreign Trade Indicators 20212022202320242025
Imports of Goods (million USD) 4,3763,6246,6366,82510,217
Exports of Goods (million USD) 4,35611,28113,21019,78618,693
Imports of Services (million USD) 2,8873,8284,954n/a4,508
Exports of Services (million USD) 238237529n/a933
Trade Balance (million USD) 6558,0767,207n/an/a

Source: WTO – World Trade Organisation ; World Bank - Latest available data.

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Main Partner Countries

Main Customers
(% of Exports)
2025
United States 27.6%
Belgium 15.9%
United Kingdom 9.7%
Panama 7.9%
Singapore 6.8%
See More Countries 32.2%
Main Suppliers
(% of Imports)
2025
Singapore 25.7%
United States 24.9%
China 13.3%
Trinidad and Tobago 3.7%
United Kingdom 3.5%
See More Countries 28.9%

Source: Comtrade, Latest Available Data

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Main Products

24.4 bn USD of products exported in 2025
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals, crude 75.5%
Gold, incl. gold plated with platinum, unwrought...Gold, incl. gold plated with platinum, unwrought or not further worked than semi-manufactured or in powder form 21.0%
RiceRice 1.1%
Aluminium ores and concentratesAluminium ores and concentrates 0.8%
Parts suitable for use solely or principally with...Parts suitable for use solely or principally with the machinery of heading 8425 to 8430, n.e.s. 0.2%
See More Products 1.5%
10.1 bn USD of products imported in 2025
Light-vessels, fire-floats, dredgers, floating...Light-vessels, fire-floats, dredgers, floating cranes, and other vessels the navigability of which is subsidiary to their main function; floating docks, floating or submersible drilling or production platforms (excl. fishing vessels and warships) 25.1%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 9.2%
Tubes, pipes and hollow profiles, seamless, of...Tubes, pipes and hollow profiles, seamless, of iron or steel (excl. products of cast iron) 4.6%
Self-propelled bulldozers, angledozers, graders,...Self-propelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and roadrollers 3.2%
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 3.0%
See More Products 55.0%

Source: Comtrade, Latest Available Data

 

To go further, check out our service Import controls and Export controls

To go further, check out our service Import-Export Flows

 
 

Main Services

Source: United Nations Statistics Division, Latest Available Data

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List of tariffs and local taxes that apply to your product on our service Customs Duties

 

Trade Compliance

International Conventions
Member of the World Trade Organization (WTO)
International Economic Cooperation
Member of Caribbean Community (CARICOM)

Member of Free Trade Area of Americas (FTAA)

Member of Association of Caribbean States (ACS)

Member of Organization of American States (OAS)

Useful Resources
Guyana Revenue Authority
 
 
 

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Latest Update: July 2026