Guyana-China, Hong Kong SAR Bilateral Trade Analysis 2023
Complete trade statistics: $48.09M total volume •Guyana deficit: $48.09M
Guyana → China, Hong Kong SAR
$0
Exports (2023)
China, Hong Kong SAR → Guyana
$48.09M
Imports (2023)
Trade Balance
$48.09M
Deficit for Guyana
Total Trade
$48.09M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Guyana and China, Hong Kong SAR. Green line shows exports from Guyana, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Guyana-China, Hong Kong SAR commercial relationship and competitive positioning in global markets.
Guyana → China, Hong Kong SAR Exports
Export Market Intelligence
🎯 Strategic Export Focus
Guyana's export portfolio to China, Hong Kong SAR demonstrates strategic specialization, with metals: gold, non-monetary, unwrought (but not powder) representing a key competitive advantage in this bilateral market.
China, Hong Kong SAR → Guyana Imports
Import Dependency Profile
📦 Import Strategy Analysis
Guyana's import pattern from China, Hong Kong SAR reveals significant dependencyin iron or steel: structures and parts thereof, n.e.c. in heading 7308, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Guyana demonstrates competitive strength in exportingmetals: gold, non-monetary, unwrought (but not powder) to China, Hong Kong SAR, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $48.09M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Guyana-China, Hong Kong SAR Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $48.09 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Guyana maintains a deficit of $48.09 million
- Export Focus: Guyana's primary exports include metals: gold, non-monetary, unwrought (but not powder), fish: edible offal, fish heads, tails and maws, fish meat, excluding fillets, whether or not minced: frozen, n.e.c. in item no. 0304.9
- Import Dependencies: Key imports from China, Hong Kong SAR include iron or steel: structures and parts thereof, n.e.c. in heading 7308, air conditioning machines: comprising a motor-driven fan and elements for changing the temperature and humidity, of a kind designed to be fixed to a window, wall, ceiling or floor, self-contained or "split-system", reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen
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 $48.09M 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 Guyana leveraging its comparative advantages in metals: gold, non-monetary, unwrought (but not powder).
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
Guyana's specialization in metals: gold, non-monetary, unwrought (but not powder)complements China, Hong Kong SAR's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in iron or steel: structures and parts thereof, n.e.c. in heading 7308.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $48.09M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $48.09M 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 $48.09 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in metals: gold, non-monetary, unwrought (but not powder) and iron or steel: structures and parts thereof, n.e.c. in heading 7308 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Guyana's trade deficit of $48.09 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 Guyana and China, Hong Kong SAR represents a total trade volume of $48.09 million in 2023. This partnership demonstrates an unfavorable trade balance for Guyana, with imports exceeding exportsby $48.09 million.
Export Strengths
Guyana's exports to China, Hong Kong SAR total $0.00, with competitive advantages in metals: gold, non-monetary, unwrought (but not powder), representing $35.95M orInfinity% of bilateral exports.
Import Dependencies
Imports from China, Hong Kong SAR amount to $48.09 million, highlighting economic interdependence in iron or steel: structures and parts thereof, n.e.c. in heading 7308, with Iron or steel: structures and parts thereof, n.e.c. in heading 7308 comprising15.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Guyana's strategic sourcing from China, Hong Kong SAR. 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 Guyana and China, Hong Kong SAR in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023

