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   Updated: 17 August 2010

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Department of Trade and Prices                                                       back

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


External Trade

Function: External trade division 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).

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 at C.I.F. (cost, insurance and freight) and exports of domestic and foreign goods are valued at F.O.B. (free on board).




External Trade Report (1997 - 2004)

The Bureau of Statistics has re-embarked on the publication of annual and quarterly data for Guyana’s imports, domestic exports and re-exports. From 1997 to 2001, the data has been presented annually and from 2002 onwards, on a quarterly basis. A report for the period 1997-2004 has been published and is available to download. Data for 2005 to date will be available soon.
Download available here: Compressed (6.15 MB)
Please refer to the Statistical Bulletin for External Trade data.


January - March 2010 (Latest Update)
Imports by Country of Origin


COUNTRY VALUE  CONTRIBUTION
 
          (US$'000)

         (%)  

UNITED STATES OF AMERICA 93,823.7 29.2
TRINIDAD & TOBAGO 62,855.0 19.5
VENEZUELA 28,909.0 9.0
UNITED KINGDOM 17,652.3 5.5
SURINAME 17,580.0 5.5
CHINA 14,803.7 4.6
JAPAN 12,387.7 3.8
CANADA 11,152.8 3.5
BRAZIL 4,196.8 1.3
BARBADOS 4,094.7 1.3
OTHER COUNTRIES 54,305.6 16.9
TOTAL 321,761.3 100.0
Average exchange rate: G$203.58 to US$1 (Customs Department)

 

Major Imports by SITC3 Group


SITC3 GROUP
ITEM VALUE  CONTRIBUTION
 
(US$'000)

      (%)  

334 Fuel and Lubricant 90,633.9 28.2
723 Contractors Plant Equipment 13,127.7 4.1
541-542 Medicaments including Veterinary Medicine 12,788.6 4.0
642 Articles of Paper 11,667.1 3.6
672-679 Articles of Iron and Steel 9,133.0 2.8
781 Motor Cars 8,293.8 2.6
782 Goods and Special Purpose Motor Vehicles 7,987.9 2.5
041 Wheat Unmilled 7,763.0 2.4
893 Articles of Plastic 6,066.0 1.9
554 Soaps, Cleaning Preparations 5,701.3 1.8
Other Imports 148,599.0 46.2
Total 321,761.3 100.0

Exports by Country of Destination

COUNTRY VALUE CONTRIBUTION
 

          (US$'000)

              (%)  
CANADA 46,052.6 25.8
UNITED STATES OF AMERICA 38,301.2 21.5
UNITED KINGDOM 128,45.6 7.2
UKRAINE 14,994.0 8.4
KINGDOM OF THE NETHERLANDS 14,455.7 8.1
GERMANY 13,332.4 7.5
JAMAICA 8,831.2 4.9
TRINIDAD & TOBAGO 8,200.1 4.6
PORTUGAL 6,535.4 3.7
BARBADOS 4,781.3 2.7
OTHER COUNTRIES 10,098.0 5.7
Total 178,427.5 100.0



Exports by Item (Including Re-Exports)

ITEM VALUE  CONTRIBUTION
 

           (US$'000)

              (%)  

Gold 60,806.4 34.1
Rice 29,188.6 16.4
Bauxite 28,139.6 15.8
Sugar 17,965.6 10.1
Timber 11,457.3 6.4
Shrimp and Prawns 7,490.8 4.2
Prepared Food 4,140.8 2.3
Diamonds 2,752.8 1.5
Fish and By-Product 2,446.2 1.4
Fruits and Vegetables 1,364.9 0.8
Other Exports 10,367.6 5.8
Re - Exports 2,306.9 1.3
Total 178,427.5 100.0

 
Average exchange rate:G$2.3.58 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 2009 (rebased series) US$2,308.50
Nominal GDP 2009 (rebased series) G$359,549  million
Real GDP 2009 (rebased series) G$296,419  million
Inflation Rate

Dec '09-Mar '10: 0.5

Aug '09: 3.1
Sept '09: 3.4
Dec '09: 3.6

Average Exchange Rate (Mid Rate)

Apr '10:   
G$202.29
to US$1
May '10:   
G$203.86
to US$1
Jun '10:   
G$202.40
to US$1


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