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WEEKLY NEWSLETTER
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Guyana
Index
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
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