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Guyana: Foreign Trade
Country Study > Chapter 3 > The Economy > External Economic Relations > Foreign Trade

FOREIGN TRADE


Guyana's economy was heavily dependent on foreign trade. Exports and imports both amounted to a large share of GDP. The two largest exports, sugar and bauxite, set the pace for the entire economy. When production of these exports declined in the 1980s, Guyana began to experience severe difficulties. A central element of the IMF-sponsored recovery program introduced in 1988 was to revitalize Guyana's traditional export base.

Data as of January 1992




Last Updated: January 1992


Editor's Note: Country Studies included here were published between 1988 and 1998. The Country study for Guyana was first published in 1992. Where available, the data has been updated through 2008. The date at the bottom of each section will indicate the time period of the data. Information on some countries may no longer be up to date. See the "Research Completed" date at the beginning of each study on the Title Page or the "Data as of" date at the end of each section of text. This information is included due to its comprehensiveness and for historical purposes.

Note that current information from the CIA World Factbook, U.S. Department of State Background Notes, Australia's Department of Foreign Affairs and Trade Country Briefs, the UK's Foreign and Commonwealth Office's Country Profiles, and the World Bank can be found on Factba.se.

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