2023
Flag
 GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC
$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195

About

Cuba-Guyana Trade: In 2023, Cuba exported $32.6k to Guyana. The main products that Cuba exported to Guyana were Hard Liquor ($32k), Spark-Ignition Engines ($378), and Other Animals ($134). Over the past 5 years the exports of Cuba to Guyana have decreased at an annualized rate of 53.6%, from $1.52M in 2018 to $32.6k in 2023.

In 2023, Cuba did not export any services to Guyana.

Guyana-Cuba Trade: In 2023, Guyana exported $45.2M to Cuba. The main products that Guyana exported to Cuba were Rice ($45.2M), Packing Bags ($28.2k), and Refrigerators ($1.11k). Over the past 5 years the exports of Guyana to Cuba have decreased at an annualized rate of 0.57%,  from $46.5M in 2018 to $45.2M in 2023.

In 2023, Guyana did not export any services to Cuba.

Comparison In 2023,  Cuba ranked 82 in the Economic Complexity Index (ECI -0.42),  and 159 in total exports ($1.05B). That same year, Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $32.6k to Guyana. The main products exported from Cuba to Guyana were Hard Liquor ($32k), Spark-Ignition Engines ($378), and Other Animals ($134). During the last 5 years the exports of Cuba to Guyana have decreased at an annualized rate of 53.6%, from $1.52M in 2018 to $32.6k in 2023.

In 2018, Guyana exported $45.2M to Cuba. The main products exported from Guyana to Cuba were Rice ($45.2M), Packing Bags ($28.2k), and Refrigerators ($1.11k). During the last 5 years the exports of Guyana to Cuba have decreased at an annualized rate of 0.57%, from $46.5M in 2023 to $45.2M in 2018.

Exports from Cuba (Flag) to Guyana (Flag) (2023)

Exports from Guyana (Flag) to Cuba (Flag) (2023)

Latest Data

Trade between Cuba (Flag) and Guyana (Flag)

Guyana Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Guyana
Top Destination
United States$3.51B

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

In 2023, countries that imported more from Cuba than Guyana included Switzerland ($48.2M), Cyprus ($42.5M), and Macau ($29.2M).

In 2023, countries that imported more from Guyana than Cuba included United States ($3.51B), Trinidad and Tobago ($1.9B), and Netherlands ($1.82B).

Difference in imports from Guyana (Flag) and Cuba (Flag) (2023)

Comparative Advantage Cuba - Guyana

Flow
Scale

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

During 2023, Cuba had a large net trade with Guyana in the exports of Foodstuffs ($32.1k), Machines ($378), and Animal Products ($134).

During 2018, Guyana had a large net trade with Cuba in the exports of Vegetable Products ($45.2M), Textiles ($30.9k), and Machines ($3.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and Guyana (Flag) (2023)

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