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Guyana Table of Contents

Guyana

Exports

Guyana's five leading exports in 1989 were sugar, bauxite, shrimp, rice, and gold. These products together accounted for 90 percent of exports, which amounted to a total of US$204 million in 1990. Other exports included timber, textiles, rum, fruit, and vegetables. Because of the country's limited industrial development, Guyana exported only a few manufactured products, such as refrigerators, freezers, and furniture to other nations in the Caribbean region.

Britain, the United States, and Canada were the destinations for about two-thirds of Guyana's officially recorded exports. Exports to the United States included bauxite, shrimp, gold, sugar (under a special quota), and clothing. In 1989 Guyana became a beneficiary of the Caribbean Basin Initiative, which eliminated United States customs duties on selected products. Major exports to Britain were bauxite and sugar; the latter was covered by a special quota arrangement with the European Community (see Agriculture , this ch.). Exports to Canada were mainly bauxite and gold. Other markets for Guyana's exports were Germany and Japan.

Data as of January 1992