2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP
$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH
97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC
$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 27 / 195

About

Cyprus-Guatemala Trade: In 2023, Cyprus exported $79k to Guatemala. The main products that Cyprus exported to Guatemala were Packaged Medicaments ($74.9k), Trunks and Cases ($681), and Twine and Rope ($556). Over the past 5 years the exports of Cyprus to Guatemala have decreased at an annualized rate of 9.48%, from $130k in 2018 to $79k in 2023.

In 2023, Cyprus did not export any services to Guatemala.

Guatemala-Cyprus Trade: In 2023, Guatemala exported $7.8k to Cyprus. The main products that Guatemala exported to Cyprus were Nutmeg, mace and cardamons ($3.25k), Hard Liquor ($1.71k), and Knit T-shirts ($1.4k). Over the past 5 years the exports of Guatemala to Cyprus have increased at an annualized rate of 76.8%,  from $255 in 2018 to $7.8k in 2023.

In 2023, Guatemala did not export any services to Cyprus.

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $79k to Guatemala. The main products exported from Cyprus to Guatemala were Packaged Medicaments ($74.9k), Trunks and Cases ($681), and Twine and Rope ($556). During the last 5 years the exports of Cyprus to Guatemala have decreased at an annualized rate of 9.48%, from $130k in 2018 to $79k in 2023.

In 2018, Guatemala exported $7.8k to Cyprus. The main products exported from Guatemala to Cyprus were Nutmeg, mace and cardamons ($3.25k), Hard Liquor ($1.71k), and Knit T-shirts ($1.4k). During the last 5 years the exports of Guatemala to Cyprus have increased at an annualized rate of 76.8%, from $255 in 2023 to $7.8k in 2018.

Exports from Cyprus (Flag) to Guatemala (Flag) (2023)

Exports from Guatemala (Flag) to Cyprus (Flag) (2023)

Latest Data

Trade between Cyprus (Flag) and Guatemala (Flag)

Cyprus Exports

Guatemala Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Guatemala
Top Destination
United States$5.16B

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

In 2023, countries that imported more from Cyprus than Guatemala included Libya ($775M), Greece ($626M), and Lebanon ($438M).

In 2023, countries that imported more from Guatemala than Cyprus included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

Difference in imports from Guatemala (Flag) and Cyprus (Flag) (2023)

Comparative Advantage Cyprus - Guatemala

Flow
Scale

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

During 2023, Cyprus had a large net trade with Guatemala in the exports of Chemical Products ($74.9k), Textiles ($1.13k), and Machines ($823).

During 2018, Guatemala had a large net trade with Cyprus in the exports of Vegetable Products ($3.26k), Textiles ($2.67k), and Foodstuffs ($1.73k).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Guatemala (Flag) (2023)

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