2022
Flag
 GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186

About

Cuba-Guatemala Trade: 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). Over the past 5 years the exports of Cuba to Guatemala have decreased at an annualized rate of 34.5%, from $5.5M in 2017 to $665k in 2022.

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

Guatemala-Cuba Trade: In 2022, Guatemala exported $5.21M to Cuba. The main products that Guatemala exported to Cuba were Baked Goods ($2.41M), Soap ($712k), and Other Vegetable Oils ($416k). Over the past 5 years the exports of Guatemala to Cuba have decreased at an annualized rate of 34.7%,  from $43.8M in 2017 to $5.21M in 2022.

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

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index. That same year, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Cuba to Guatemala have decreased at an annualized rate of 34.5%, from $5.5M in 2017 to $665k in 2022.

In 2017, 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 5 years the exports of Guatemala to Cuba have decreased at an annualized rate of 34.7%, from $43.8M in 2022 to $5.21M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Guatemala (Flag)

Guatemala Exports

Market Competitiveness

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

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

In 2022, countries that imported more from Cuba than Guatemala included Portugal ($43.3M), Cyprus ($31.2M), and Macau ($28.9M).

In 2022, countries that imported more from Guatemala than Cuba included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

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

Comparative Advantage Cuba - Guatemala

Flow
Scale

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

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

During 2017, Guatemala had a large net trade with Cuba in the exports of Foodstuffs ($2.67M), Chemical Products ($909k), and Plastics and Rubbers ($550k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cuba and Guatemala. This means that a dot/product with the flag of Cuba indicates it has a comparative advantage over Guatemala. Similarly, a dot/product with the flag of Guatemala indicates it has a comparative advantage over Cuba.

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

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