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Updated: 19-Oct -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 - July 2017 (Latest Update)
Imports by Country of Origin


COUNTRY     VALUE      CONTRIBUTION
 
(US$'000)

         (%)  

TRINIDAD & TOBAGO 247,267.1 27.2
UNITED STATES OF AMERICA 226,975.2 25.0
CHINA 83,512.1 9.2
SURINAME 51,513.8 5.7
JAPAN 26,715.8 2.9
GERMANY 24,514.7 2.7
UNITED KINGDOM 19,402.3 2.1
KINGDOM OF THE NETHERLANDS 17,942.7 2.0
INDIA 13,729.3 1.5
BARBADOS 13,487.5 1.5
OTHER COUNTRIES 183,577.2 20.2
TOTAL 908,637.9 100.0
Customs Avereage R.O.E for January - July, 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 208,394.5 22.9
541-542 Medicaments including Veterinary Medicines 43,720.0 4.8
723 Contractors Plant Equipment (Machinery) 24,305.5 2.7
672-679 Articles of Iron and Steel 22,969.7 2.5
523 Metallic Salt including calcium chloride and sodium carbonate 20,915.8 2.3
893 Articles of Plastic 19,948.8 2.2
781 Motor Cars 19,875.3 2.2
782 Goods and Special Purpose Motor Vehicles 18,498.6 2.0
642 Articles of Paper 16,964.8 1.9
661 Cement and articles of marble, granite, etc 15,892.6 1.7
Other Imports 497,152.2 54.7
TOTAL 908,637.9 100.0

Exports by Country of Destination


COUNTRY VALUE CONTRIBUTION
 

(US$'000)

              (%)  
CANADA 293,184.2 36.9
UNITED STATES OF AMERICA 168,116.9 21.1
UNITED KINGDOM 96,372.8 12.1
BELGIUM 33,953.2 4.3
JAMACIA 25,540.0 3.2
UKRAINE 22,151.3 2.8
TRINIDAD & TOBAGO 21,895.9 2.8
GERMANY 20,826.2 2.6
CHINA 17,318.3 2.2
VENEZUELA 14,537.1 1.8
OTHER COUNTRIES 81,661.1 10.3
TOTAL 795,557.0 100.0



Exports by Item (Including Re-Exports)

ITEM VALUE  CONTRIBUTION
 

(US$'000)

 (%)  

Raw Gold 453,210.6 57.0
Rice 100,457.9 12.6
Bauxite 55,935.8 7.0
Shrimp and Prawns 43,821.9 5.5
Fish & By Product 25,355.9 3.2
Sugar 21,896.7 2.8
Timber 20,343.2 2.6
Bottled Rum & Spirits 16,124.8 2.0
Prepared Foods 15,339.1 1.9
Diamonds 7,704.9 1.0
Other Exports 28,706.2 3.6
Re-Exports 6,660.0 0.8
TOTAL 795,557.0 100.0

 
Customs Avereage R.O.E for January - July, 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 - Sept. '17:
           
1.5

Average Exchange Rate (Mid Rate)

Jul '17:   
G$212.52
to US $1
Aug '17:   
G$211.86
to US $1
Sept '17:   
G$211.58
to US $1


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