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2022
Flag → Flag
Exports $5.21MRnk 76 / 162
2022
Flag → Flag
Top Product $2.41MBaked Goods
2022
Flag → Flag
Exports $665kRnk 54 / 123
2022
Flag → Flag
Top Product $321kPackaged Medicaments
2022
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Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
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GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
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GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
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GDP PC $5,473CURRENT US$
Rnk 107 / 186
2012-2022
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GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

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.

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.

Comparison In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2),  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 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 2017, 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 2022 to $665k in 2017.

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

In 2022, countries that imported more from Cuba than Guatemala included 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 2017, 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 shows the product space at the HS4 level with the flags of Guatemala and Cuba. This means that a dot/product with the flag of Guatemala indicates it has a comparative advantage over Cuba. Similarly, a dot/product with the flag of Cuba indicates it has a comparative advantage over Guatemala.

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

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