Trade between Guyana and Brazil reached approximately US$800 million in the first eight months of 2026, a 25% increase on the same period last year, according to Brazil’s Ambassador to Guyana, Maria Cristina de Castro Martins. The figure was reported at the World Trade Centre Georgetown’s International Trade and Investment Conference on Monday 19 October 2026. Two days later, the Brazil Chamber of Commerce (Guyana) Inc. launched in Georgetown, with Prime Minister Brigadier (Ret’d) Mark Phillips noting Brazil accounted for about 3.2% of Guyana’s exports and 2.9% of its imports in 2025.
What The Sources Report
According to the Guyana Chronicle, Ambassador Castro Martins told conference delegates that bilateral trade has exceeded US$1 billion in each of 2023, 2024 and 2025, and called for direct flights between Georgetown and Brazil, saying neighbouring countries “should not require businesspeople to travel through distant hubs simply to meet each other.” She noted the Brazilian Embassy has supported contact with Guyanese aviation companies exploring routes to Brazil, and identified agriculture and agro-processing as priority areas for diversifying a trade relationship still dominated by Guyanese crude oil exports.
Separately, the Guyana Chronicle reported that Prime Minister Phillips, launching the new Brazil Chamber of Commerce (Guyana) Inc. on Wednesday 21 October, cited Bureau of Statistics figures showing Brazil represented about 3.2% of Guyana’s exports and 2.9% of its imports in 2025, and urged the chamber to pursue sector-specific trade missions and measurable targets. Earlier reporting from DPI noted trade grew from roughly US$58 million in 2020, that crude oil makes up about 98% of Guyana’s exports to Brazil, and that Brazil was Guyana’s fifth-largest import source and seventh-largest export market by 2024, alongside continuing work on the Linden-Lethem road, Lethem airport and port infrastructure.
What This May Mean For Guyanese Businesses
For Guyanese manufacturers, agro-processors, logistics operators and service firms, the reported figures suggest a bilateral relationship still weighted toward energy exports, with room to diversify. Businesses considering the Brazilian market could watch whether direct flights materialise, as this may lower the cost of establishing distributor relationships and attending trade missions organised through the new chamber. Firms in agro-processing may find the EMBRAPA cooperation mentioned by Prime Minister Phillips relevant when assessing technology-transfer or mechanisation partnerships, though this remains a proposal rather than a confirmed programme. Given that trade documentation, standards and phytosanitary requirements have been flagged in prior reporting as barriers, exporters may wish to review compliance obligations before committing to the Brazilian market; related considerations for food exporters appear in AAGENS’s earlier coverage of Caribbean logistics gaps affecting Guyana’s food export gains. Businesses weighing formal entry into Brazil-facing trade may also consult the new chamber directly or seek independent advisory support, such as through AAGENS’s business consultancy services, before scaling investment.
Sources: Guyana Chronicle, 22 October 2026; Guyana Chronicle, 22 October 2026; Guyana Chronicle, 20 October 2026; DPI, 7 May 2026.