Guatemala (GTM) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Guatemala-Cyprus Trade: In 2022, Guatemala exported $6.73k to Cyprus. The main products that Guatemala exported to Cyprus were Knit T-shirts ($1.54k), Other Processed Vegetables ($1.17k), and Nutmeg, mace and cardamons ($859). Over the past 5 years the exports of Guatemala to Cyprus have decreased at an annualized rate of 2.85%, from $7.78k in 2017 to $6.73k in 2022.

In 2022, Guatemala did not export any services to Cyprus.

Cyprus-Guatemala Trade: In 2022, Cyprus exported $204k to Guatemala. The main products that Cyprus exported to Guatemala were Soups and Broths ($110k), Plastic Pipes ($43.7k), and Other Plastic Products ($20.1k). Over the past 5 years the exports of Cyprus to Guatemala have increased at an annualized rate of 17.9%, from $89.6k in 2017 to $204k in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), 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 $6.73k to Cyprus. The main products exported from Guatemala to Cyprus were Knit T-shirts ($1.54k), Other Processed Vegetables ($1.17k), and Nutmeg, mace and cardamons ($859). During the last 5 years the exports of Guatemala to Cyprus have decreased at an annualized rate of 2.85%, from $7.78k in 2017 to $6.73k in 2022.

In 2017, Cyprus exported $204k to Guatemala. The main products exported from Cyprus to Guatemala were Soups and Broths ($110k), Plastic Pipes ($43.7k), and Other Plastic Products ($20.1k). During the last 5 years the exports of Cyprus to Guatemala have increased at an annualized rate of 17.9%, from $89.6k in 2022 to $204k in 2017.

Exports from Guatemala () to Cyprus () (2022)

Exports from Cyprus () to Guatemala () (2022)

Latest Data

Trade between Guatemala () and Cyprus ()

Guatemala Exports

Date

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guatemala
Top DestinationUnited States$5.23B

Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Guatemala included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

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

Comparative Advantage Guatemala - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guatemala had a large net trade with Cyprus in the exports of Textiles ($3.31k), Foodstuffs ($1.74k), and Vegetable Products ($938).

During 2017, Cyprus had a large net trade with Guatemala in the exports of Foodstuffs ($110k), Plastics and Rubbers ($65.4k), and Textiles ($15.2k).

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 Cyprus. This means that a dot/product with the flag of Guatemala indicates it has a comparative advantage over Cyprus. Similarly, a dot/product with the flag of Cyprus indicates it has a comparative advantage over Guatemala.

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Historical Data

Bilateral Trade by Products

Exports from Guatemala () to Cyprus () (2022)

Exports from Cyprus () to Guatemala () (2022)

Latest Data

Trade between Guatemala () and Cyprus ()

Guatemala Exports

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Guatemala - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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