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Updated: 15 Oct. 2018
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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 - 2017)




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January - June 2018 (Latest Update)
Imports by Country of Origin


COUNTRY     VALUE      CONTRIBUTION
 
(US$'000)

         (%)  

TRINIDAD & TOBAGO 265,197.1 28.7
UNITED STATES OF AMERICA 212,307.9 23.0
CHINA 86,664.8 9.4
SURINAME 51,498.6 5.6
JAPAN 30,451.7 3.3
KINGDOM OF THE NETHERLANDS 18,612.7 2.0
UNITED KINGDOM 18,158.2 2.0
REPUBLIC OF KOREA 16,857.8 1.8
INDIA 15,775.7 1.7
CANADA 14,892.4 1.6
OTHER COUNTRIES 193,442.4 20.9
TOTAL 923,859.3 100.0
Customs Avereage R.O.E for January -June, 2018 is G$207.17 to US$1.00
Major Imports by SITC3 Group

SITC3 GROUP
ITEM VALUE  CONTRIBUTION
 
(US$'000)

   (%)  

334 Fuel and Lubricants 236,925.6 25.6
672-679 Articles of Iron and Steel 26,960.4 2.9
723 Contractors Plant Equipment (Machinery) 26,090.8 2.8
782 Goods and Special Purpose Motor Vehicles 24,783.1 2.7
781 Motor Cars 21,381.9 2.3
893 Articles of Plastic 19,414.8 2.1
562 Fertilizers, Manufactured 19,353.0 2.1
598 Miscellaneous Chemical Products N.e.s. 18,498.4 2.0
541-542 Medicaments including Veterinary Medicines 17,689.4 1.9
661 Lime, Cement etc. 16,769.4 1.8
Other Imports 495,992.5 53.7
TOTAL
  923,859.3 100.0

Exports by Country of Destination


COUNTRY VALUE CONTRIBUTION
 

(US$'000)

              (%)  
CANADA 188,037.9 26.5
UNITED STATES OF AMERICA 139,668.8 19.7
UNITED ARAB EMIRATES 39,773.0 5.6
UNITED KINGDOM 30,981.1 4.4
MEXICO 29,562.8 4.2
UKRAINE 28,959.0 4.1
JAMAICA 22,202.4 3.1
BELGIUM 19,793.9 2.8
PANAMA 19,687.9 2.8
KINGDOM OF THE NETHERLANDS 17,716.0 2.5
OTHER COUNTRIES 173,080.7 24.4
TOTAL 709,463.5 100.0



Exports by Item (Including Re-Exports)

ITEM VALUE  CONTRIBUTION
 

(US$'000)

 (%)  

Raw Gold 369,720.8 52.1
Rice & Paddy 111,092.6 15.7
Bauxite 65,619.8 9.2
Shrimp and Prawns 45,978.9 6.5
Fish & By Product 18,806.3 2.7
Timber 17,649.7 2.5
Bottle Rum & Spirits 16,652.9 2.3
Prepared Foods 14,406.7 2.0
Sugar 10,258.1 1.4
Fruits and Vegetables 5,948.5 0.8
Re-Exports 4,542.6 0.6
Other Exports 28,786.5 4.1
TOTAL 709,463.5 100.0
Customs Avereage R.O.E for January -June, 2018 is G$207.17 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 - Aug.'18:
           
1.4

Average Exchange Rate (Mid Rate)

Dec '17:   
G$212.57
to US $1
Jul '18:   
G$212.82
to US $1
Aug '18:   
G$213.02
to US $1


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