Brazil-Guyana Bilateral Trade Analysis 2023
Complete trade statistics: $1.36B total volume •Brazil deficit: $799.73M
Brazil → Guyana
$278.70M
Exports (2023)
Guyana → Brazil
$1.08B
Imports (2023)
Trade Balance
$799.73M
Deficit for Brazil
Total Trade
$1.36B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Brazil and Guyana. Green line shows exports from Brazil, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Brazil-Guyana commercial relationship and competitive positioning in global markets.
Brazil → Guyana Exports
Export Market Intelligence
🎯 Strategic Export Focus
Brazil's export portfolio to Guyana demonstrates strategic specialization, with iron or steel (excluding cast iron or stainless steel): seamless, line pipe of a kind used for oil or gas pipelines representing a key competitive advantage in this bilateral market.
Guyana → Brazil Imports
Import Dependency Profile
📦 Import Strategy Analysis
Brazil's import pattern from Guyana reveals significant dependencyin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Brazil demonstrates competitive strength in exportingiron or steel (excluding cast iron or stainless steel): seamless, line pipe of a kind used for oil or gas pipelines to Guyana, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.36B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Brazil-Guyana Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.36 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Brazil maintains a deficit of $799.73 million
- Export Focus: Brazil's primary exports include iron or steel (excluding cast iron or stainless steel): seamless, line pipe of a kind used for oil or gas pipelines, taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves, oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
- Import Dependencies: Key imports from Guyana include oils: petroleum oils and oils obtained from bituminous minerals, crude, helicopters: of an unladen weight exceeding 2000kg, cereals: rice, semi-milled or wholly milled, whether or not polished or glazed
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $1.36B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Brazil leveraging its comparative advantages in iron or steel (excluding cast iron or stainless steel): seamless, line pipe of a kind used for oil or gas pipelines.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Brazil's specialization in iron or steel (excluding cast iron or stainless steel): seamless, line pipe of a kind used for oil or gas pipelinescomplements Guyana's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.36B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.36B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $1.36 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in iron or steel (excluding cast iron or stainless steel): seamless, line pipe of a kind used for oil or gas pipelines and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Brazil's trade deficit of $799.73 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Brazil and Guyana represents a total trade volume of $1.36 billion in 2023. This partnership demonstrates an unfavorable trade balance for Brazil, with imports exceeding exportsby $799.73 million.
Export Strengths
Brazil's exports to Guyana total $278.70 million, with competitive advantages in iron or steel (excluding cast iron or stainless steel): seamless, line pipe of a kind used for oil or gas pipelines, representing $47.66M or17.1% of bilateral exports.
Import Dependencies
Imports from Guyana amount to $1.08 billion, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising93.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Brazil's strategic sourcing from Guyana. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Brazil and Guyana in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023