Guyana - Merchandise exports (current US$)

The value for Merchandise exports (current US$) in Guyana was 2,587,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,587,000,000 in 2020 and a minimum value of 74,000,000 in 1960.

Definition: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars.

Source: World Trade Organization.

See also:

Year Value
1960 74,000,000
1961 86,000,000
1962 95,000,000
1963 102,000,000
1964 95,000,000
1965 97,000,000
1966 109,000,000
1967 113,000,000
1968 115,000,000
1969 126,000,000
1970 136,000,000
1971 151,000,000
1972 147,000,000
1973 136,000,000
1974 270,000,000
1975 365,000,000
1976 279,000,000
1977 259,000,000
1978 296,000,000
1979 293,000,000
1980 396,000,000
1981 352,000,000
1982 256,000,000
1983 189,000,000
1984 210,000,000
1985 206,000,000
1986 214,000,000
1987 242,000,000
1988 230,000,000
1989 227,000,000
1990 257,000,000
1991 248,000,000
1992 292,000,000
1993 414,000,000
1994 456,000,000
1995 455,000,000
1996 546,000,000
1997 596,000,000
1998 484,000,000
1999 523,000,000
2000 498,000,000
2001 478,000,000
2002 487,000,000
2003 513,000,000
2004 593,000,000
2005 553,000,000
2006 588,000,000
2007 679,000,000
2008 795,000,000
2009 763,000,000
2010 880,000,000
2011 1,129,000,000
2012 1,416,000,000
2013 1,375,000,000
2014 1,167,000,000
2015 1,151,000,000
2016 1,441,000,000
2017 1,437,000,000
2018 1,377,000,000
2019 1,567,000,000
2020 2,587,000,000

Limitations and Exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels.

Statistical Concept and Methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports