IMPORT EXPORT
Guyana import Statistics

Guyana Import 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. According to Guyana's trade data and customs data, the nation's total imports in 2023 ranked it 128th out of 226 countries. With the global economy continuously evolving, businesses and policymakers must stay informed about the import data of countries like Guyana. By acquiring Guyana's import data, you can gain valuable insights into various sectors, understand the country's trade dynamics, and make informed decisions. A comprehensive analysis of Guyana's import data enables businesses to gain insights into the competitive landscape. This information provides invaluable intelligence on key market players and their preferred source countries.

According to Guyana’s import data, Guyana imported $6.5 billion of goods in 2023. Guyana's total imports of goods declined by 39% from the previous year to 2023. Guyana’s total GDP is $21.17 billion, with a GDP import share of 47%. Guyana's trade activities span across borders and Guyana is a part of trading blocs such as CARICOM, CARIFORUM, Mercosur, and WTO. Mineral fuels and oils are the biggest imports of Ghana, while the USA is its biggest import partner according to Ghana’s shipment data. Let us now delve into the significance of Guyana's import data, discuss its relevance for 2023, and explore the key sectors contributing to Guyana's import landscape.

Guyana Customs Import Data | Guyana Trade Shipment Data

128

The country is ranked 128th in global imports, showing a significant position in the international trade landscape and import market.

0.1%

With a mere 0.1% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

USA

The USA holds a significant role as the largest import partner of the country in terms of goods imports and import share.

MINERAL FUELS AND OILS

Mineral fuels and oils are the biggest import commodities of the country, playing a vital role in its economy.

Please select a country or provide either a description or HS Code.
import

Top 10 Imports of Guyana | Guyana Import Data by HS Code

In terms of imports, Guyana engages in a diverse range of trade activities, with several key items prominently featured in its top 10 imports list. These include machinery and equipment, petroleum and petroleum products, vehicles, and more. The top 10 imports of Guyana in 2023 according to Guyana import data and Guyana customs data are:

  • Mineral fuels and oils (HS code 27): 19.54% ($1.02 billion) 
  • Nuclear reactors and machinery (HS code 84): 17.43% ($911.58 million) 
  • Vehicles (HS code 87): 8.41% ($439.90 million) 
  • Articles of iron or steel (HS code 73): 6.24% ($326.59 million) 
  • Ships, boats, and floating structures (HS code 89): 6.14% ($320.92 million) 
  • Electrical machinery and equipment (HS code 85): 5.06% ($264.55 million) 
  • Rubber and articles thereof (HS code 40): 2.73% ($142.92 million) 
  • Salt, sulfur, lime, and cement (HS code 25): 2.43% ($127.34 million) 
  • Plastics and articles thereof (HS code 39): 2.41% ($126.01 million) 
  • Optical, medical, or surgical instruments (HS code 90): 2.12% ($110.93 million)
    • Partners

    Top 10 Import Partners of Guyana | Guyana Import Data by Country

    As for import partners, these partnerships play a crucial role in facilitating the steady influx of goods into the country, supporting its economic growth and development. With a professional focus on strategic trade, Guyana strives to maintain mutually beneficial relationships with these key import partners. Guyana’s top 10 import partners in 2023 according to Guyana trade data and Guyana shipment data include:

    Value In Percentage(%)

  • USA: 30.2% (1.58 billion US$)
  • China: 12.3% (644.78 million US$)
  • Trinidad and Tobago: 12% (625.49 million US$)
  • Bahamas: 4.5% (235.81 million US$)
  • United Kingdom: 4.3% (223.88 million US$)
  • Brazil: 3.9% (204.17 million US$)
  • Japan: 3.9% (203.33 million US$)
  • Suriname: 2.3% (118.03 million US$)
  • Netherlands: 1.8% (92.41 million US$)
  • India: 1.6% (85.63 million US$)
    • Sample Data

    Why is Guyana Customs Data Important?

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Guyana's import data which comes under customs data provides crucial information about Guyana’s trade activities and trade imbalances. By scrutinizing Guyana trade statistics, analysts and policymakers can assess the balance between imports and exports, identify deficits or surpluses, and formulate appropriate trade policies accordingly. A trade deficit implies that Guyana is importing more goods than it is exporting, highlighting potential challenges for the domestic market. According to Guyana's customs data for imports, Guyana imported $6.5 billion worth of goods in 2023. The information we provide you about Guyana import data and shipment data is highly helpful and informative. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. We obtain trustworthy data from organizations, shipping firms, and customs ports in Guyana. Guyana import data contains a wide range of fields, such as HS codes, product descriptions, quantities and prices, port names, and currency values as well.  So, as you can see, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data or customs data looks like as a whole, with complete details.

    Benefits

    Benefits of Guyana Import Data

  • Expand your firm into the Guyana Import Market.
  • View Guyana's most recent product demand and price projections.
  • Follow and Examine the Shipments History of Your Rivals.
  • Give your marketing plan an approach based on import data.
  • Create a powerful brand identity in Guyana.
  • Create more ROI and future company goals.

    • Frequently Asked Questions!!

    Guyana import data under the Guyana customs data refers to the information and statistics on the goods and products that are brought into the country from other countries.

    Guyana's import data or customs data is important because it provides valuable insights into Guyana trade activities. It helps to identify the top importing partners, the most imported products, and the trends in the import market.

    The Guyana Bureau of Statistics (BoS) is responsible for collecting and publishing import data for the country.

    The 2023 Guyana import data covers the entirety of the year 2023, from January 1st to December 31st based on Guyana Trade Records.

    Based on the 2023 Guyana trade statistics, the top importing partners of Guyana are the United States, Trinidad and Tobago, Bahamas, and Brazil.

    You might be interested in other continents as well

    Argentina
    Peru
    Brazil
    Chile
    Colombia
    Venezuela