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Updated: 30 Apr. 2013
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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.



January - December 2012 (Latest Update)
Imports by Country of Origin
COUNTRY VALUE  CONTRIBUTION
 
          (US$'000)

         (%)  
UNITED STATES OF AMERICA 486,013.9 24.7
VENEZUELA 336,031.5 17.1
TRINIDAD & TOBAGO 269,409.2 13.7
CHINA 194,485.8 9.9
SURINAME 143,834.1 7.3
JAPAN 77,881.8 4.0
UNITED KINGDOM 48,921.2 2.5
CANADA 43,032.5 2.2
DENMARK 39,127.7 2.0
BRAZIL 27,364.7 1.4
OTHER COUNTRIES 303,640.2 15.4
TOTAL 1,969,742.6 100.0
Average exchange rate: G$204.25 to US$1 (Customs Department)
 

Major Imports by SITC3 Group
SITC3 GROUP
ITEM VALUE  CONTRIBUTION
 
(US$'000)

      (%)  
334 Fuel and Lubricant 618,983.3 31.4
723 Contractors Plant Equipment 99,768.9 5.1
672-679 Articles of Iron and Steel 48,892.3 2.5
781 Motor Cars 48,623.6 2.5
782 Goods and Special Purpose Motor Vehicles 42,917.9 2.2
541-542 Medicaments including Veterinary Medicine 40,862.0 2.1
764 Telecommunication Equipment 38,889.5 2.0
893 Articles of Plastic 36,954.7 1.9
713 Internal Combustion Engines 36,389.1 1.8
022 Milk and Cream 36,351.3 1.8
Other Imports 921,109.8 46.8
TOTAL 1,969,742.6 100.0
Exports by Country of Destination
COUNTRY VALUE CONTRIBUTION
 

(US$'000)

              (%)  
CANADA 501,323.0 35.9
UNITED STATES OF AMERICA 295,198.8 21.1
VENEZUELA 145,851.6 10.4
UNITED KINGDOM 118,816.6 8.5
GERMANY 59,966.3 4.3
TRINIDAD & TOBAGO 54,751.4 3.9
JAMAICA 42,698.7 3.1
KINGDOM OF THE NETHERLANDS 30,240.4 2.2
UKRAINE 23,394.0 1.7
CHINA 20,348.5 1.5
OTHER COUNTRIES 103,159.0 7.4
TOTAL 1,395,748.1 100.0


Exports by Item (Including Re-Exports)
ITEM VALUE  CONTRIBUTION
 

           (US$'000)

              (%)  
Gold 716,939.8 51.4
Rice & PADDY 196,226.8 14.1
Bauxite 150,781.6 10.8
Sugar 132,147.4 9.5
Shrimp and Prawns 48,394.4 3.5
Timber 39,030.8 2.8
Prepared Foods 24,053.8 1.7
Fish and By-Product 15,510.4 1.1
Diamond 8,176.2 0.6
Molasses 6,158.5 0.4
Other Exports 36,904.6 2.6
Re-Exports 21,423.8 1.5
TOTAL 1,395,748.1 100.0
 
Average exchange rate:G$204.25 to US$1 (Customs Department)
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Guyana at a Glance



Population 751,223  (Census 2002)
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 2012 US$3,148.00
Nominal GDP 2012 G$511,337  million
Real GDP 2012 G$341,905  million
Inflation Rate

Dec '11 - Dec '12: 3.5
Average Exchange Rate (Mid Rate)

Nov '12:   
G$203.90 to US $1
Dec '12:   
G$204.07 to US $1
Jan '13:   
G$204.01 to US $1


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