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Guyana

Guyana ranked No. 105 in total trade value through June with a total of $432.53 million. Exports totaled $363.66 million and Imports totaled $68.87 million, a surplus of $294.79 million.

January – June 2019

Top Trading Ports

Total Trade: $432.53 million

RankPortTotal YTD
1Port of Houston $159,336,577
2Miami International Airport $49,886,432
3Port Miami $42,771,906
4Port of New Orleans $34,871,396
5Port of Palm Beach, Fla. $33,816,052
6Port Everglades, Fla. $27,900,624
7Port of Savannah, Ga. $25,243,797
8Low-Valued Imports and Exports $13,676,941
9Port of New York $9,477,822
10Port of Newark $5,858,700

U.S. trade with Guyana rose to $432.53 million through June

Guyana’s trade with the United States rose to $432.53 million through the first six months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.33 percent above its total trade during the same time period last year. Guyana’s exports increased 44.93 percent while imports fell 56.88 percent. The U.S. surplus with Guyana was $294.79 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Miami International Airport; No. 3 Port Miami; No. 4 Port of New Orleans; and No. 5 Port of Palm Beach, Fla.. During the same period the previous year, the top five were No. 1 Miami International Airport No. 2 Port of Houston No. 3 Port Everglades, Fla. No. 4 Port of Palm Beach, Fla. and No. 5 Port Miami. In the current time period, the top five accounted for 74.14 percent of Guyana’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 82.05 percent to $159.34 million.
    Exports rose 135.96 percent to $148.27 million. Imports fell 55.18 percent to $11.06 million.
  • Trade with No. 2 Miami International Airport fell 53.8 percent to $49.89 million.
    Exports rose 58.97 percent to $36.9 million. Imports fell 84.68 percent to $12.99 million.
  • Trade with No. 3 Port Miami rose 60.13 percent to $42.77 million.
    Exports rose 65.5 percent to $41.23 million. Imports fell 14.32 percent to $1.54 million.
  • Trade with No. 4 Port of New Orleans rose 34.86 percent to $34.87 million.
    Exports rose 67.2 percent to $23.93 million. Imports fell 5.22 percent to $10.94 million.
  • Trade with No. 5 Port of Palm Beach, Fla. rose 11.63 percent to $33.82 million.
    Exports rose 8.61 percent to $28.12 million. Imports rose 29.41 percent to $5.7 million.

Guyana ranked No. 105 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 105.

Meanwhile, total U.S. trade with the world increased to $2.06 trillion, down 0.14 percent compared to the same period last year. The nation’s exports dropped 0.75 percent to $823.61 billion; imports climbed 0.28 percent to $1.24 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $412.15 billion, up compared to the same period of last year when the deficit was $402.47 billion.

The top five U.S. exports to Guyana by value through June were the categories of Taps, cocks and valves for pipes, tanks; Returned exports, with change; Miscellaneous machines, parts; Misc. iron, steel tubes, pipes; and Low value shipments, respectively. They accounted for 29.7 percent of total exports to Guyana.

The value of the top five categories of U.S. imports from Guyana –– Shrimp, other crustaceans; Aluminum ores and concentrates; Gold; Value added to a returned import; and Cane, beet sugar, solid form –– accounted for 73.95 percent of all inbound shipments.

Looking more closely at U.S. exports to Guyana:

  • Taps, cocks and valves for pipes, tanks rose 886.28 percent compared to last year to $37.92 million.
  • Returned exports, with change rose 14.68 percent compared to last year to $23.74 million.
  • Miscellaneous machines, parts fell 6 percent compared to last year to $16.68 million.
  • Misc. iron, steel tubes, pipes rose 37.1 percent compared to last year to $16 million.
  • Low value shipments rose 42.97 percent compared to last year to $13.68 million.

Looking more closely at U.S. imports from Guyana:

  • Shrimp, other crustaceans fell 39.31 percent compared to last year to $18.88 million.
  • Aluminum ores and concentrates fell 13.67 percent compared to last year to $15.24 million.
  • Gold fell 90.23 percent compared to last year to $8.07 million.
  • Value added to a returned import fell 15.61 percent compared to last year to $5.23 million.
  • Cane, beet sugar, solid form fell 2.17 percent compared to last year to $3.5 million.

In the latest annual figures available, Guyana recorded $684.87 million in trade with the United States. At year’s end, its were Miami; Houston; New Orleans; New York City; and Atlanta/Savannah. Total U.S. exports to Guyana were $ 371.42 million and imports from Guyana were $313.44 million. The U.S. surplus with Guyana was $57.98 million.