2026 Strategic Review: The Guyana Export Market

Guyana's export value has seen a massive surge, growing from $5.19B in 2020 to $22.4B in 2024. While 2022 saw a peak of $22.56B, the overall five-year trend remains exceptionally positive, reflecting a fourfold increase in total export earnings and a robust recovery following a brief dip in 2023.

The export profile is heavily dominated by Crude Petroleum (HS 270900), accounting for $18.17B. Other significant contributors include Containers (HS 860900) at $1.59B and Non-monetary Gold (HS 710812) at $956M. The data highlights a high level of commodity concentration focused on energy and mineral resources.

The United States is Guyana's primary export destination, commanding a 32.82% market share. European markets also show strong presence, with the Netherlands (17.95%) and Germany (15.22%) following. This concentration suggests that nearly 66% of exports are directed toward these three high-income Western economies.

Sweden demonstrates exceptional momentum with 100% growth, reaching $693.5 million. Romania and Congo also show significant double-digit expansion. In contrast, Panama remains the largest partner by value at $2.5 billion but exhibits near-stagnant growth at 0.01%. This suggests a strategic shift toward high-growth European and African markets despite the continued dominance of established regional trade hubs.