2022
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GDP
$95BCURRENT US$
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2012-2022
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GDP GROWTH
91.6%CURRENT US$
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2022
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GDP PC 
$5,473CURRENT US$
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2012-2022
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GDP PC GROWTH
63.1%CURRENT US$
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About

Guatemala-Cuba In 2022, Guatemala exported $5.21M to Cuba. The main products that Guatemala exported to Cuba are Baked Goods ($2.41M), Soap ($712k), and Other Vegetable Oils ($416k). During the last 27 years the exports of Guatemala to Cuba have increased at an annualized rate of 5.21%, from $1.32M in 1995 to $5.21M in 2022.

In 2022, Guatemala did not export any services to Cuba.

Cuba-Guatemala In 2022, Cuba exported $665k to Guatemala. The main products that Cuba exported to Guatemala were Packaged Medicaments ($321k), Rolled Tobacco ($251k), and Other Animals ($40.1k). During the last 27 years the exports of Cuba to Guatemala have decreased at an annualized rate of 1.21%, from $922k in 1995 to $665k in 2022.

In 2022, Cuba did not export any services to Guatemala.

Comparison In 2022,  Guatemala ranked 73 in the Economic Complexity Index (ECI -0.24),  and 84 in total exports ($16.4B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $5.21M to Cuba. The main products exported from Guatemala to Cuba were Baked Goods ($2.41M), Soap ($712k), and Other Vegetable Oils ($416k). During the last 27 years the exports of Guatemala to Cuba have increased at an annualized rate of 5.21%, from $1.32M in 1995 to $5.21M in 2022.

In 2022, Cuba exported $665k to Guatemala. The main products exported from Cuba to Guatemala were Packaged Medicaments ($321k), Rolled Tobacco ($251k), and Other Animals ($40.1k). During the last 27 years the exports of Cuba to Guatemala have decreased at an annualized rate of 1.21%, from $922k in 1995 to $665k in 2022.

Exports from Guatemala (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to Guatemala (Flag) (2022)

Latest Data

Trade between Guatemala (Flag) and Cuba (Flag)

Guatemala Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
Cuba
Top Destination
China$426M

This map shows whether countries import more from Guatemala or Cuba. Each country is colored based on the difference in imports they receive from Guatemala and Cuba or the difference in the growth in imports.

In 2021, countries that imported more from Guatemala than Cuba were United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

In 2021, countries that imported more from Cuba than Guatemala were Portugal ($43.3M), Cyprus ($31.2M), and Macau ($28.9M).

Difference in imports from Cuba (Flag) and Guatemala (Flag) (2022)

Comparative Advantage Guatemala - Cuba

Flow
Scale

This chart compares trade between Guatemala and Cuba by product, considering products traded by both, Guatemala and Cuba.

During 2022, Guatemala had a large net trade with Cuba in the exports of Foodstuffs ($2.67M), Chemical Products ($909k), and Plastics and Rubbers ($550k).

During 2022, Cuba had a large net trade with Guatemala in the exports of Chemical Products ($321k), Foodstuffs ($259k), and Animal Products ($40.1k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Guatemala has comparative advantage over Cuba. Similarly, the more yellow a dot/product is, the more Cuba has comparative advantage over Guatemala.

Product Space of Guatemala (Flag) and Cuba (Flag) (2022)

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