United States Ambassador to Guyana, Nicole Theriot, says the US and Guyana have made “incredible progress” in trade and commerce, noting that a growing number of U.S. companies are establishing operations in Guyana.
Theriot pointed to Guyana’s rapid economic growth driven by the booming Oil and Gas sector, along with efforts to diversify the economy, as key factors attracting new businesses. However, she said Guyana may need legislative and regulatory adjustments to draw in even more foreign investors.
She said trade between Guyana and the United States surpassed US$4.7 billion in 2024, and expects that figure to continue rising.
“I think we only expect that number to continue to grow. More and more US companies are waking up to the opportunities here in Guyana and they are finding incredible Guyanese partners to work with—that’s really a big focus of ours,” Theriot said during an appearance on SOURCES.
Theriot said the US opened a Department of Commerce office inside the Embassy in September 2023, which she described as working to connect local private sector companies with U.S. businesses.
“They work as matchmakers, finding local private sector companies to work with US companies… we want it to be a partnership and not a one sided relationship,” she said.
She also cited record trade activity in 2025, saying U.S. net imports of crude from Guyana rose to new levels.
Theriot highlighted the expansion of ExxonMobil Guyana and its co-venturers in the Stabroek Block, saying production in January exceeded 900,000 barrels of oil per day and adding that the figure is now being put at around 1.3 million barrels per day.
The Ambassador said investment in Guyana extends beyond oil and gas, pointing to partnerships and projects in areas including infrastructure, agriculture, security, information technology, health and education.
