Guyana recorded a trade deficit of 291.30 USD Million in the first quarter of 2019. Balance of Trade in Guyana averaged -117.33 USD Million from 2001 until 2019, reaching an all time high of 16.20 USD Million in the fourth quarter of 2016 and a record low of -319.20 USD Million in the third quarter of 2018.

Balance of Trade in Guyana is expected to be -45.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Guyana to stand at -85.00 in 12 months time. In the long-term, the Guyana Balance of Trade is projected to trend around -85.00 USD Million in 2020, according to our econometric models.

Guyana Balance of Trade
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Guyana Trade Last Previous Highest Lowest Unit
Balance of Trade -291.30 -291.00 16.20 -319.20 USD Million [+]
Current Account -679.70 -297.20 -12.40 -679.70 USD Million [+]
Current Account to GDP -8.10 -0.40 -0.40 -37.62 percent [+]
Exports 340.90 369.10 589.00 125.80 USD Million [+]
Imports 632.20 660.10 783.70 194.90 USD Million [+]
Terrorism Index 0.08 0.15 2.94 0.00 [+]
Tourist Arrivals 281.90 247.30 281.90 99.00 Thousand [+]
External Debt 1267810.00 1322060.00 1392008.00 953525.00 USD Thousand [+]


Guyana Balance of Trade

Guyana runs systemic trade deficits due to low exports of its vast natural resources. The country is a net exporter of sugar, gold, bauxite, aluminium, rice, shrimp and timber. Guyana is dependent on imports of fuel, manufactured products and machinery. Main trading partners are the United States (17 percent of exports and 21 percent of imports) and Trinidad and Tobago. This page provides - Guyana Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guyana Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-291.30 -291.00 16.20 -319.20 2001 - 2019 USD Million Quarterly




Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 24789.70 Jul/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -13450.00 Aug/19
Indonesia 85.10 Aug/19
Italy 7630.87 Jul/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3787.85 Aug/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 1152.71 Aug/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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