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Updated: 6 Feb. 2019
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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 - December, 2018 (Latest Update)
Imports by Country of Origin


COUNTRY     VALUE      CONTRIBUTION
 
(US$'000)

         (%)  

TRINIDAD & TOBAGO 528,564.5 29.1
UNITED STATES OF AMERICA 429,985.7 23.7
CHINA 189,546.2 10.4
SURINAME 108,174.2 6.0
JAPAN 57,499.7 3.2
KINGDOM OF THE NETHERLANDS 35,800.8 2.0
UNITED KINGDOM 32,918.5 1.8
REPUBLIC OF KOREA 28,776.3 1.6
BRAZIL 28,652.1 1.6
INDIA 28,317.9 1.6
OTHER COUNTRIES 349,533.0 19.2
TOTAL 1,817,769.0 100.0
Customs Avereage R.O.E for January-December, 2018 is G$207.67 to US$1.00
Major Imports by SITC3 Group

SITC3 GROUP
ITEM VALUE  CONTRIBUTION
 
(US$'000)

   (%)  

334 Fuel and Lubricants 495,954.3 27.3
672-679 Articles of Iron and Steel 49,378.5 2.7
723 Contractors Plant Equipment (Machinery) 47,835.9 2.6
781 Motor Cars 42,010.8 2.3
782 Goods and Special Purpose Motor Vehicles 41,030.2 2.3
893 Articles of Plastic 39,392.3 2.2
661 Lime, Cement etc. 35,012.9 1.9
541-542 Medicaments including Veterinary Medicines 33,165.7 1.8
562 Fertilizers, Manufactured 31,436.3 1.7
022 Milk and Cream 28,461.4 1.6
Other Imports 974,090.8 53.6
TOTAL
  1,817,769.0 100.0

Exports by Country of Destination


COUNTRY VALUE CONTRIBUTION
 

(US$'000)

              (%)  
CANADA 399,208.6 29.1
UNITED STATES OF AMERICA 199,976.8 14.6
UNITED ARAB EMIRATES 107,695.2 7.8
UKRAINE 78,238.9 5.7
UNITED KINGDOM 46,696.0 3.4
JAMAICA 40,514.5 3.0
BELGIUM 39,467.2 2.9
MEXICO 34,678.9 2.5
TRINIDAD & TOBAGO 31,848.9 2.3
GERMANY 30,410.0 2.2
OTHER COUNTRIES 363,467.2 26.5
TOTAL 1,372,202.0 100.0



Exports by Item (Including Re-Exports)

ITEM VALUE  CONTRIBUTION
 

(US$'000)

 (%)  

Raw Gold 766,807.7 55.9
Rice & Paddy 186,057.0 13.6
Bauxite 128,162.2 9.3
Shrimp and Prawns 58,605.4 4.3
Fish & By Product 38,621.2 2.8
Timber 33,298.9 2.4
Prepared Foods 29,882.7 2.2
Bottled Rum & Spirits 27,187.1 2.0
Sugar 27,101.7 2.0
Diamonds 12,299.4 0.9
Re-Exports 8,882.2 0.6
Other Exports 55,296.5 4.0
TOTAL 1,372,202.0 100.0
Customs Avereage R.O.E for January-December, 2018 is G$207.67 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 - Dec.'18:
           
1.6

Average Exchange Rate (Mid Rate)

Dec '17:   
G$212.57
to US $1
Nov '18:   
G$212.96
to US $1
Dec '18:   
G$213.16
to US $1


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