Tapioca starch plays a modest yet notable role in Guyana’s import landscape, as the country sources this versatile product to meet specific demands.
Import Overview
In 2021, Guyana imported $12.9k worth of tapioca starch, positioning itself as the 114th largest importer of this product globally. Within Guyana, tapioca starch ranked as the 2593rd most imported item.
Guyana primarily relies on Brazil for its tapioca starch imports, accounting for the entire $12.9k worth of imported tapioca starch in 2021. Brazil serves as Guyana’s main supplier for this product, meeting the country’s tapioca starch requirements.
Between 2020 and 2021, Guyana experienced significant growth in its import of tapioca starch from Brazil, with a remarkable increase of $10.5k during this period. This indicates a growing reliance on Brazilian tapioca starch to fulfill Guyana’s specific needs.
Tariffs on Tapioca Starch
In 2019, Guyana imposed an average tariff of 4.19% on tapioca starch imports. Among the countries with the highest import tariffs for this product were Angola, Burundi, Benin, Burkina Faso, and Botswana, each imposing a 5% Most Favoured Nation duty rate treatment. These tariffs affect the dynamics of tapioca starch trade, influencing the cost of imported tapioca starch in Guyana.
Data from BACI