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2023
Flag → Flag
Exports $45.2MRnk 31 / 147
2023
Flag → Flag
Top Product $45.2MRice
2023
Flag → Flag
Exports $32.6kRnk 101 / 121
2023
Flag → Flag
Top Product $32kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC $20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $45.2M in 2023.

In 2018, 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 2023 to $32.6k in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Cuba (Flag)

Guyana Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Cuba
Top DestinationChina$358M

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

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

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

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

Comparative Advantage Guyana - Cuba

Flow
Scale

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

During 2023, Guyana had a large net trade with Cuba in the exports of Vegetable Products ($45.2M), Textiles ($30.9k), and Machines ($3.9k).

During 2018, Cuba had a large net trade with Guyana in the exports of Foodstuffs ($32.1k), Machines ($378), and Animal Products ($134).

Economic Complexity

Competitive Landscape

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

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

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