US$1.9B in goods exported by Guyana to Trinidad & Tobago – TTMA President

Guyana’s exports to Trinidad and Tobago (T&T) crossed US$1.9 billion last year.
This was revealed by Trinidad and Tobago Manufacturers’ Association (TTMA) President Dale Parson who was also optimistic that the collaboration between the two countries will grow stronger.
On Tuesday, the TTMA in collaboration with the Suriname Guyana Chamber of Commerce (SGCC) launched their trilateral trade mission to Guyana. The trade mission comes at a time when, according to TTMA President Dale Parson, Guyana has exported almost US$2 billion worth of products to Trinidad.

“There’s a big trade partnership between Trinidad and Guyana, going on for many many years. Guyana exports over US$1.9 billion worth of products into Trinidad. And Trinidad exports US$600 million, with the growing opportunities in Guyana, there’s a huge gap that needs to be filled. As Doerga [Vishnu] said, out of demand because it’s a fast-growing economy and because it’s an opportunity for all the manufacturers here, to take advantage of that,” Parson said.
Parson expressed hope that both countries can make the utmost effort to unleash their full potential together and strengthen their collaboration. He also emphasised that they uphold the premise of equal partnership.
“We also want to determine the business opportunities, foster mutual business relations. To conclude, I want to thank you for being here today and making the effort to work relationships together. This is a very important market. Its growing. There’s a huge demand here.”
“And I hope everyone can take full advantage of this, to bring fruitful business relations together. This year in Trinidad, between the 17th and 19th of July, there will be more than 300 companies exhibiting from 30 different countries. So, I look forward to seeing you there,” the TTMA President said.
Based on the United Nations (UN) COMTRADE database on international trade, Guyana’s imports from Trinidad and Tobago were dominated by oil, followed by beverages and vinegar, cereal, flour and starch and other products.
One many occasions manufacturers in Guyana have complained of phytosanitary measures which prevented them from exporting to Trinidad. Such measures have resulted in bans against products like peppers, pineapples, poultry meat and honey,
For the period 2018 – 2022, Trinidad and Tobago was a net exporter to Guyana, with trade surpluses being recorded over the period. Guyana has consistently been a top market within CARICOM for Trinidad and Tobago’s non-energy exports.