EXTERNAL ECONOMIC RELATIONS
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