
Oil exports pushes Guyana’s trade balance to US$143 million in first half of 2020
December 2019 saw the introduction of oil production in Guyana resulting in the goods trade balance moving from a deficit of US$627 million or 12.1% of GDP in the first half of 2019 to a surplus of US$143 million or 2.8% of GDP in the same period in 2020. Crude oil also contributed US$452 million...