Guatemala (GTM) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Cuba () (2022)

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

Latest Data

Trade between Guatemala () and Cuba ()

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 () and Guatemala () (2022)

Comparative Advantage Guatemala - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Guatemala () and Cuba ()

Guatemala Exports

Market Competitiveness

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

Comparative Advantage Guatemala - Cuba

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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