Netherlands-Guyana Bilateral Trade Analysis 2023
Complete trade statistics: $1.97B total volume •Netherlands deficit: $1.74B
Netherlands → Guyana
$112.75M
Exports (2023)
Guyana → Netherlands
$1.86B
Imports (2023)
Trade Balance
$1.74B
Deficit for Netherlands
Total Trade
$1.97B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Netherlands and Guyana. Green line shows exports from Netherlands, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Netherlands-Guyana commercial relationship and competitive positioning in global markets.
Netherlands → Guyana Exports
Export Market Intelligence
🎯 Strategic Export Focus
Netherlands's export portfolio to Guyana demonstrates strategic specialization, with vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods representing a key competitive advantage in this bilateral market.
Guyana → Netherlands Imports
Import Dependency Profile
📦 Import Strategy Analysis
Netherlands'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
Netherlands demonstrates competitive strength in exportingvessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods to Guyana, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.97B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Netherlands-Guyana Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.97 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Netherlands maintains a deficit of $1.74 billion
- Export Focus: Netherlands's primary exports include vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods, vegetables: potatoes (other than seed), fresh or chilled, mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure
- Import Dependencies: Key imports from Guyana include oils: petroleum oils and oils obtained from bituminous minerals, crude, aluminium ores and concentrates, crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
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 $1.97B 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 Netherlands leveraging its comparative advantages in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods.
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
Netherlands's specialization in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goodscomplements 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 $1.97B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.97B 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 $1.97 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Netherlands's trade deficit of $1.74 billion 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 Netherlands and Guyana represents a total trade volume of $1.97 billion in 2023. This partnership demonstrates an unfavorable trade balance for Netherlands, with imports exceeding exportsby $1.74 billion.
Export Strengths
Netherlands's exports to Guyana total $112.75 million, with competitive advantages in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods, representing $15.75M or14.0% of bilateral exports.
Import Dependencies
Imports from Guyana amount to $1.86 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 comprising97.6% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Netherlands'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 Netherlands and Guyana in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023