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Updated: 03-August -2017
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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 - May 2017 (Latest Update)
Imports by Country of Origin


COUNTRY     VALUE      CONTRIBUTION
 
(US$'000)

         (%)  

UNITED STATES OF AMERICA 166,435.2 26.5
TRINIDAD & TOBAGO 155,383.9 24.7
CHINA 54,751.5 8.7
SURINAME 35,604.6 5.7
JAPAN 18,653.0 3.0
UNITED KINGDOM 13,653.5 2.2
KOREA, REPUBLIC OF 10,938.1 1.7
INDIA 10,590.7 1.7
KINGDOM OF THE NETHERLANDS 10,430.1 1.7
CANADA 10,318.1 1.6
OTHER COUNTRIES 141,614.4 22.5
TOTAL 628,373.3 100.0
Customs Avereage R.O.E for January - May, 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 134,990.7 21.5
541-542 Medicaments including Veterinary Medicines 18,676.7 3.0
723 Contractors Plant Equipment (Machinery) 18,254.0 2.9
672-679 Articles of Iron and Steel 16,843.4 2.7
781 Motor Cars 14,554.2 2.3
782 Goods and Special Purpose Motor Vehicles 13,786.4 2.2
893 Articles of Plastic 13,560.1 2.2
523 Metallic Salts etc. 13,493.8 2.1
642 Articles of Paper 12,132.5 1.9
661 Cement etc. 11,161.2 1.8
Other Imports 360,920.4 57.4
TOTAL 628,373.3 100.0

Exports by Country of Destination


COUNTRY VALUE CONTRIBUTION
 

(US$'000)

              (%)  
CANADA 228,964.0 38.8
UNITED STATES OF AMERICA 116,936.8 19.8
UNITED KINGDOM 95,147.8 16.1
JAMAICA 22,132.8 3.8
UKRAINE 20,532.2 3.5
BELGIUM 19,338.6 3.3
GERMANY 16,219.4 2.8
TRINIDAD & TOBAGO 15,134.0 2.6
CHINA 13,087.3 2.2
SPAIN 9,027.1 1.5
OTHER COUNTRIES 32,879.3 5.6
TOTAL 589,399.4 100.0



Exports by Item (Including Re-Exports)

ITEM VALUE  CONTRIBUTION
 

(US$'000)

 (%)  

Raw Gold 341,575.9 58.0
Rice & Paddy 64,526.4 10.9
Bauxite 42,400.8 7.2
Shrimp and Prawns 33,480.5 5.7
Fish & By Product 20,335.6 3.5
Sugar 18,889.1 3.2
Timber 13,593.0 2.3
Bottled Rum & Spirits 11,668.5 2.0
Prepared Foods 10,695.6 1.8
Diamonds 5,761.5 1.0
Other Exports 20,929.0 3.6
Re-Exports 5,543.5 0.9
TOTAL 589,399.4 100.0

 
Customs Avereage R.O.E for January - May, 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 2015 at basic prices US$3,724.00
Nominal GDP 2015 G$653,836  million
Real GDP 2015 G$441,105  million
Inflation Rate

Dec '16 - JUN. '17:
           
1.1

Average Exchange Rate (Mid Rate)

Apr '17:   
G$213.36
to US $1
May '17:   
G$213.30
to US $1
Jun '17:   
G$211.76
to US $1


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