Guyana import

Guyana Import Data

The cooperative Republic of Guyana is another name for Guyana. It is situated in South America's northern region. Guyana borders several nations, including Venezuela, Suriname, and Brazil. According to import data from Guyana, the country imported $8.55 billion worth of goods in 2022. Guyana's total imports of goods fell by 13.2% from 2021 to 2022. Imports of goods fell by $500 million. According to Guyana's import data, the nation's total imports in 2022 ranked it 122nd out of 226 countries. With the global economy continuously evolving, businesses and policymakers must stay informed about the import data of countries like Guyana. By acquiring Guyana's import data, you can gain valuable insights into various sectors, understand the country's trade dynamics, and make informed decisions. A comprehensive analysis of Guyana's import data enables businesses to gain insights into the competitive landscape. This information provides invaluable intelligence on key players dominating the market and their preferred source countries. Let us now delve into the significance of Guyana's import data, discuss its relevance for 2022, and explore the key sectors contributing to Guyana's import landscape.

 Guyana Import Data | Guyana Customs Data

122

The country has been ranked 122nd in global imports, showing a significant position in the international trade landscape and import market.

0.1%

With a mere 0.1% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

TRINIDAD AND TOBAGO

Trinidad and Tobago hold a significant role as the largest import partner of the country in terms of goods imports and import share.

PETROLEUM OIL AND WASTE OIL

Petroleum oil and waste oil are the biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 Imports of Guyana

In terms of imports, Guyana engages in a diverse range of trade activities, with several key items prominently featured in its top 10 imports list. These include machinery and equipment, petroleum and petroleum products, food, beverages, and more. The top 10 imports of Guyana in 2022 according to its import data are:

  • Petroleum oils and waste oils: 34% ($1.25 billion)
  • Self-propelled bulldozers, angledozers, graders, levelers, scrapers: 3.07% ($110 million)
  • Motor cars and other motor vehicles: 2.39% ($86 million)
  • Taps, cocks, valves, and similar appliances for pipes: 2.1% ($75 million)
  • Motor vehicles for the transport of goods: 1.95% ($70 million)
  • Tubes, pipes, and hollow profiles, seamless, of iron or steel: 1.82% ($65 million)
  • Structures and parts of structures: 1.46% ($52 million)
  • Portland cement, aluminous cement, slag cement: 1.21% ($43 million)
  • Waters, including mineral waters and aerated waters: 1.18% ($42 million)
  • Parts suitable for use solely or principally with the machinery: 0.964% ($34 million)
  • Partners

    Top 10 Import Partners of Guyana

    As for import partners, these partnerships play a crucial role in facilitating the steady influx of goods into the country, supporting its economic growth and development. With a professional focus on strategic trade, Guyana strives to maintain mutually beneficial relationships with these key import partners. Guyana’s top 10 import partners in 2022 include:

    Value In Percentage(%)

  • Trinidad and Tobago: 29% (1.07 billion US$)
  • USA: 25% (914 million US$)
  • China: 9.86% (356 million US$)
  • Suriname: 5.22% (188 million US$)
  • Japan: 4.64% (167 million US$)
  • United Kingdom: 2.52% (91 million US$)
  • Turkey: 2.3% (83 million US$)
  • Netherlands: 1.89% (68 million US$)
  • India: 1.77% (64 million US$)
  • Brazil: 1.69% (61 million US$)
  • Sample Data

    Why is Guyana Import Data Important?

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see that in this report, we also include the importers’/exporter's names and address details. In this comprehensive customs database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Guyana's import data provides crucial information about the country's trade activities and trade imbalances. By scrutinizing import data, analysts and policymakers can assess the balance between imports and exports, identify deficits or surpluses, and formulate appropriate trade policies accordingly. A trade deficit implies that Guyana is importing more goods than it is exporting, highlighting potential challenges for the domestic market. According to Guyana's customs data for imports, Guyana imported $3.6 billion worth of goods in 2022. The information we provide you about Guyana import data and shipment data is highly helpful and informative. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. We obtain trustworthy data from organizations, shipping firms, and customs ports in Guyana. Guyana import data contains a wide range of fields, such as HS codes, product descriptions, quantities and prices, port names, and currency values as well.

    Benefits

    Benefits of Guyana’s Import Data

  • Expand your firm into the Guyan Market.
  • View Guyana's most recent product demand and price projections.
  • Follow and Examine the Shipments History of Your Rivals.
  • Give your marketing plan an approach based on data.
  • Create a powerful brand identity in Guyana.
  • Create more ROI and future company goals.
  • You’ll receive the name and address of the importer/exporter in our reports.
  • Frequently Asked Questions!!

    Guyana import data refers to the information and statistics on the goods and products that are brought into the country from other countries.

    Guyana's import data is important because it provides valuable insights into the country's trade and economic activities. It helps to identify the top importing partners, the most imported products, and the trends in the import market.

    The Guyana Bureau of Statistics (BoS) is responsible for collecting and publishing import data for the country.

    The 2022 Guyana import data covers the entirety of the year 2022, from January 1st to December 31st.

    Based on the 2022 import data, the top importing partners of Guyana are the United States, Trinidad and Tobago, China, Suriname, and Brazil.

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