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Trade and Prices Department                                                       back

Head: Ms. Maxine Bentt
mbentt@statisticsguyana.gov.gy
(592)225-9070 / (592)227-1155


External Trade

Function: External trade section is responsible for the collection, extraction and compilation of all trade data from various sources to produce and disseminate external trade statistics of the economy, of which the two main types are the quantity and value of exports and imports.

Data collection: The division relies exclusively on the supply of data from the Guyana Revenue Authority Customs Department and other import / export agencies.

System of Trade: "Imports" are the totals of all imports cleared through customs for the local economy while "Exports" are the exports of domestic producers, and include the re-exports of imported goods which had previously been cleared through customs for the local economy. 

Quantities and Values: All quantities and values are based on the declaration of importers and exporters, and are subject to verification by customs officials. Values are shown in Guyana Dollars (G$). Imports are valued C.I.F. (cost, insurance and freight) and exports of domestic and foreign goods are valued F.O.B. (free on board).

Please refer to the Statistical Bulletin for External Trade data.



Historical Trade Data (2010 - 2015)




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January - December 2017 (Latest Update)
Imports by Country of Origin


COUNTRY     VALUE      CONTRIBUTION
 
(US$'000)

         (%)  

TRINIDAD & TOBAGO 456,518.8 28.1
UNITED STATES OF AMERICA 408,038.7 25.1
CHINA 152,828.2 9.4
SURINAME 88,378.3 5.4
JAPAN 50,191.4 3.1
UNITED KINGDOM 33,342.1 2.1
KINGDOM OF THE NETHERLANDS 31,048.4 1.9
GERMANY 29,896.3 1.8
BRAZIL 25,837.9 1.6
CANADA 25,190.4 1.5
OTHER COUNTRIES 324,276.7 19.9
TOTAL 1,625,547.1 100.0
Customs Avereage R.O.E for January -December, 2017 is G$206.50 to US$1.00

Major Imports by SITC3 Group

SITC3 GROUP
ITEM VALUE  CONTRIBUTION
 
(US$'000)

   (%)  

334 Fuel and Lubricants 394,470.5 24.3
541-542 Medicaments including Veterinary Medicines 51,952.2 3.2
672-679 Articles of Iron and Steel 42,430.8 2.6
723 Contractors Plant Equipment (Machinery) 39,134.9 2.4
781 Motor Cars 38,867.2 2.4
893 Articles of Plastic 36,042.4 2.2
661 Cement etc 30,690.1 1.9
782 Goods and Special Purpose Motor Vehicles 30,135.9 1.9
642 Articles of Paper 29,150.2 1.8
523 Metallic Salts etc 28,581.6 1.8
Other Imports 904,091.4 55.6
TOTAL
  1,625,547.1 100.0

Exports by Country of Destination


COUNTRY VALUE CONTRIBUTION
 

(US$'000)

              (%)  
CANADA 409,202.7 28.4
UNITED STATES OF AMERICA 269,095.3 18.7
UNITED KINGDOM 127,227.1 8.8
BELGIUM 57,854.9 4.0
UNITED ARAB EMIRATES 53,730.7 3.7
UKRAINE 47,743.8 3.3
GERMANY 42,329.5 2.9
JAMAICA 41,714.6 2.9
TRINIDAD & TOBAGO 39,392.8 2.7
MEXICO 36,844.5 2.6
OTHER COUNTRIES 313,349.2 21.8
TOTAL 1,438,485.3 100.0



Exports by Item (Including Re-Exports)

ITEM VALUE  CONTRIBUTION
 

(US$'000)

 (%)  

Raw Gold 817,516.4 56.8
Rice 201,034.8 14.0
Bauxite 104,530.7 7.3
Shrimp and Prawns 53,993.5 3.8
Sugar 48,503.6 3.4
Fish & By Product 45,681.1 3.2
Timber 35,754.8 2.5
Prepared Foods 28,549.5 2.0
Bottled Rum & Spirits 27,185.4 1.9
Diamonds 13,612.7 0.9
Re-Exports 11,161.4 0.8
Other Exports 50,961.4 3.5
TOTAL 1,438,485.3 100.0

 
Customs Avereage R.O.E for January -December, 2017 is G$206.50 to US$1.00



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Guyana at a Glance



Population 746,955  (Census 2012)
Size 214,970 square km
Location Between 1o & 9o  North Latitude and 57o & 61o West Longitude
Time Zone GMT - 04:00
Currency Guyana Dollar (G$)
Per capita GDP 2016 at basic prices US$3,883.00
Nominal GDP 2016 G$723,581  million
Real GDP 2016 G$442,254  million
Inflation Rate

Dec '17 - Feb. '18:
           
0.2

Average Exchange Rate (Mid Rate)

Dec '17:   
G$212.57
to US $1
Jan '18:   
G$212.80
to US $1
Feb '18:   
G$212.26
to US $1


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