Products Imported from China to Guyana

In the calendar year of 2023, China exported goods worth US$536 million to Guyana. Among the main exports from China to Guyana were Large Construction Vehicles (US$28.5 million), Other Small Iron Pipes (US$17.4 million), Rubber Tires (US$12 million), Delivery Trucks (US$11.02 million) and Iron Structures (US$10.89 million). Over the span of 28 years, China’s exports to Guyana have grown steadily at an annualized rate of 18.6%, rising from US$5.4 million in 1995 to US$536 million in 2023.

List of All Products That Were Imported from China to Guyana

The table below presents a comprehensive list of all commodities that were exported from China to Guyana in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Guyana market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Guyana.

Trade Agreements between China and Guyana

China and Guyana have developed a progressively stronger relationship over the years, characterized by various agreements and cooperative projects, particularly in areas like infrastructure, investment, and trade facilitation. Here’s a summary of key aspects of the Sino-Guyanese economic relationship:

1. Economic and Technical Cooperation Agreement: One of the fundamental agreements between China and Guyana is the Economic and Technical Cooperation Agreement, under which China provides economic assistance to Guyana. This agreement has facilitated numerous projects, especially in the areas of infrastructure development and technical assistance, which indirectly support trade by improving Guyana’s economic foundations.
2. Belt and Road Initiative (BRI): Although not a traditional trade agreement, Guyana’s involvement in China’s Belt and Road Initiative is crucial. This global development strategy by China aims to enhance global trade and stimulate economic growth across Asia, Europe, and Africa through investment in infrastructure projects. For Guyana, this has meant investments in significant infrastructure projects which are expected to boost economic growth and enhance trade capabilities.
3. Investment Projects: China has been involved in numerous investment projects in Guyana, particularly in the sectors of mining, forestry, and agriculture. These investments often come with trade facilitation measures that help Guyana export its products, such as timber and minerals, to China and other global markets.
4. Scholarships and Training Programs: China provides scholarships and various training programs to Guyanese citizens, which, while not directly trade agreements, foster a goodwill relationship that facilitates smoother economic cooperation and understanding between the two countries.

As China continues to expand its influence in Latin America and the Caribbean, the relationship with Guyana is likely to grow, potentially leading to more formalized trade agreements and increased economic interaction. These developments will likely focus on enhancing connectivity, reducing trade barriers, and increasing mutual investments that benefit both countries’ economies.