Guyana Export Data
The cooperative Republic of Guyana is another name for Guyana. It is situated in South America's northern region. Guyana borders several nations, including Venezuela, Suriname, and Brazil. In terms of total land area, Guyana ranks tenth among South American countries. Guyana, with a total land area of about 214,970 km^2, is ranked 85th in terms of area. In recent years, the Republic of Guyana has emerged as a significant player in the global export market. With its abundant natural resources and favorable trade agreements, Guyana has seen a considerable increase in its export trade activities. According to Guyana trade data and Guyana trade statistics for 2023, out of 226 countries, Guyana was the 88th biggest exporter of goods worldwide.
According to Guyana export data, Guyana exported goods worth $13.1 billion in 2023. Guyana's merchandise exports increased by 37% in 2023 over the previous year. Guyana’s GDP is $21.17 billion, with a GDP export share of 34%. Guyana is part of major trading blocs such as CARICOM, CARIFORUM, Mercosur, and WTO. Mineral fuels and oils are the biggest exports of Guyana, while Trinidad and Tobago are the biggest export partners of Guyana. Let us now explore and delve into the Guyana export data, specifically focusing on the year 2023, to understand the key sectors, trends, and prospects for Guyana's export market.