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Updated: 19-Jun.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 - March 2018 (Latest Update)
Imports by Country of Origin


COUNTRY     VALUE      CONTRIBUTION
 
(US$'000)

         (%)  

TRINIDAD & TOBAGO 100,939.6 24.8
UNITED STATES OF AMERICA 98,069.6 24.1
CHINA 41,304.4 10.1
SURINAME 21,554.5 5.3
JAPAN 15,761.3 3.9
KINGDOM OF THE NETHERLANDS 8,938.9 2.2
UNITED KINGDOM 8,511.8 2.1
INDIA 8,360.1 2.1
BRAZIL 7,566.5 1.9
BARBADOS 7,449.4 1.8
OTHER COUNTRIES 89,288.4 21.9
TOTAL 407,744.3 100.0
Customs Avereage R.O.E for January -March, 2018 is G$206.50 to US$1.00

Major Imports by SITC3 Group

SITC3 GROUP
ITEM VALUE  CONTRIBUTION
 
(US$'000)

   (%)  

334 Fuel and Lubricants 92,372.4 22.7
598 Miscellaneous Chemical Products 12,113.0 3.0
672-679 Articles of Iron and Steel 12,067.5 3.0
562 Fertilizers, Manufactured 10,964.7 2.7
781 Motor Cars 10,464.0 2.6
723 Contractors Plant Equipment (Machinery) 10,332.1 2.5
782 Goods and Special Purpose Motor Vehicles 10,087.6 2.5
893 Articles of Plastic 8,710.2 2.1
541-542 Medicaments including Veterinary Medicines 8,519.6 2.1
022 Milk and Cream 7,965.0 2.0
Other Imports 224,148.1 55.0
TOTAL
  407,744.3 100.0

Exports by Country of Destination


COUNTRY VALUE CONTRIBUTION
 

(US$'000)

              (%)  
UNITED STATES OF AMERICA 69,651.3 21.4
CANADA 66,386.2 20.4
UNITED ARAB EMIRATES 16,939.9 5.2
UNITED KINGDOM 14,938.7 4.6
BELGIUM 12,692.0 3.9
KINGDOM OF THE NETHERLANDS 12,433.4 3.8
UKRAINE 11,345.1 3.5
JAMAICA 11,140.4 3.4
SWITZERLAND 10,001.6 3.1
MEXICO 9,639.5 3.0
OTHER COUNTRIES 90,029.0 27.7
TOTAL 325,197.1 100.0



Exports by Item (Including Re-Exports)

ITEM VALUE  CONTRIBUTION
 

(US$'000)

 (%)  

Raw Gold 192,330.8 59.1
Bauxite 31,138.5 9.6
Shrimp and Prawns 28,550.8 8.8
Rice 19,387.6 6.0
Bottled Rum & Spirits 9,216.3 2.8
Fish & By Product 8,704.4 2.7
Timber 8,178.2 2.5
Prepared Foods 6,292.5 1.9
Sugar 3,136.0 1.0
Fruits and Vegetables 3,098.8 1.0
Re-Exports 1,931.6 0.6
Other Exports 13,231.7 4.1
TOTAL 325,197.1 100.0

 
Customs Avereage R.O.E for January -March, 2018 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 - Apr. '18:
           
-0.4

Average Exchange Rate (Mid Rate)

Jan '18:   
G$212.80
to US $1
Feb '18:   
G$212.26
to US $1
Mar '18:   
G$212.54
to US $1


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