Guyana Balance of Trade2022 Data - 2023 Forecast - 2001-2021 Historical - Chart

Name: Guyana Balance of Trade
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Guyana,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Guyana recorded a trade surplus of 376.10 USD Million in the first quarter of 2021. source: Bank of Guyana

Balance of Trade in Guyana averaged -124.22 USD Million from 2001 until 2021, reaching an all time high of 376.10 USD Million in the first quarter of 2021 and a record low of -1546 USD Million in the fourth quarter of 2019. This page provides - Guyana Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guyana Balance of Trade - values, historical data and charts - was last updated on June of 2022.

Balance of Trade in Guyana is expected to be -230.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guyana Balance of Trade is projected to trend around -240.00 USD Million in 2022 and -230.00 USD Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	376.10	286.90	USD Million	Mar 2021
Current Account	-659.50	-2823.70	USD Million	Dec 2020
Current Account to GDP	-32.79	-24.60	percent of GDP	Dec 2019
Imports	622.80	535.30	USD Million	Mar 2021
Exports	998.80	822.10	USD Million	Mar 2021
External Debt	1345853.00	1320782.00	USD Thousand	Mar 2021

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.