Exporting guide to Guyana
CARIFORUM-UK economic partnership agreement
The UK has signed an economic partnership agreement (EPA) with the CARIFORUM trade bloc which includes Guyana. Read our latest updates for more information on the status of this agreement and how it may benefit your business.
Geolocation
Its strategic location in the North makes Guyana a gateway to the rest of South America. It also has established sea routes to the United States, Canada and China. If you are a UK business looking to reach a wide market audience, Guyana may be a great option for you.
Top five UK goods exported to Guyana, in the four quarters to the end of Q1 2022
| Goods | Value (£million) |
|---|---|
| Road vehicles other than cars (capital) | |
| General industrial machinery (intermediate) | |
| Scientific instruments (capital) | |
| Specialised machinery (capital) | |
| Mechanical power generators (intermediate) |
Source:
ONS Trade in goods: country-by-commodity exports
Last updated: July 2022
Download the latest trade and investment factsheet for Guyana.
Total import value (into the UK from Guyana) and export value (from the UK into Guyana) over time
| Year | Imports (£million) | Exports (£million) | Total trade (£million) |
|---|---|---|---|
| 2016 | 31.0 | 97.0 | 128.0 |
| 2017 | 70.0 | 119.0 | 189.0 |
| 2018 | 39.0 | 251.0 | 290.0 |
| 2019 | 39.0 | 467.0 | 506.0 |
| 2020 | 32.0 | 579.0 | 611.0 |
| 2021 | 28.0 | 528.0 | 556.0 |
Source:
ONS UK total trade: all countries, seasonally adjusted
Last updated: July 2022
Total trade is the sum of all exports and imports over the same time period.
Download the latest trade and investment factsheet for Guyana.
Guyana: at a glance
Economic growth
19.9%
Actual figure (IMF, 2021)
The UK is 7.4% (IMF, 2021, projected figure)
GDP per capita
$6,594
Actual figure (IMF, 2019)
The UK is $43,121 (IMF, 2019, actual figure)
Currency
Guyanese dollar
Business language
English
Time zone
GMT -4
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Check for trade barriers
Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.
Check duties and customs
Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.
Next steps
DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.
