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2023
Flag → Flag
Exports $20.9MRnk 151 / 216
2023
Flag → Flag
Top Product $5.15MRaw Plastic Sheeting
2023
Flag → Flag
Exports $99.4MRnk 23 / 170
2023
Flag → Flag
Top Product $85.8MNutmeg, mace and cardamons
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$5,763CURRENT US$
Rnk 117 / 196
2013-2023
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GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

United Arab Emirates-Guatemala Trade: In 2023, United Arab Emirates exported $20.9M to Guatemala. The main products that United Arab Emirates exported to Guatemala were Raw Plastic Sheeting ($5.15M), Refined Petroleum ($5.02M), and Unglazed Ceramics ($4.07M). Over the past 5 years the exports of United Arab Emirates to Guatemala have increased at an annualized rate of 11.4%, from $12.2M in 2018 to $20.9M in 2023.

In 2023, United Arab Emirates did not export any services to Guatemala.

Guatemala-United Arab Emirates Trade: In 2023, Guatemala exported $99.4M to United Arab Emirates. The main products that Guatemala exported to United Arab Emirates were Nutmeg, mace and cardamons ($85.8M), Coffee ($3.23M), and Bananas ($3.2M). Over the past 5 years the exports of Guatemala to United Arab Emirates have increased at an annualized rate of 3.44%,  from $83.9M in 2018 to $99.4M in 2023.

In 2023, Guatemala did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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, United Arab Emirates exported $20.9M to Guatemala. The main products exported from United Arab Emirates to Guatemala were Raw Plastic Sheeting ($5.15M), Refined Petroleum ($5.02M), and Unglazed Ceramics ($4.07M). During the last 5 years the exports of United Arab Emirates to Guatemala have increased at an annualized rate of 11.4%, from $12.2M in 2018 to $20.9M in 2023.

In 2018, Guatemala exported $99.4M to United Arab Emirates. The main products exported from Guatemala to United Arab Emirates were Nutmeg, mace and cardamons ($85.8M), Coffee ($3.23M), and Bananas ($3.2M). During the last 5 years the exports of Guatemala to United Arab Emirates have increased at an annualized rate of 3.44%, from $83.9M in 2023 to $99.4M in 2018.

Exports from United Arab Emirates (Flag) to Guatemala (Flag) (2023)

Exports from Guatemala (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Guatemala (Flag)

United Arab Emirates Exports

Guatemala Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from United Arab Emirates than Guatemala included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Guatemala than United Arab Emirates included El Salvador ($1.73B), Honduras ($1.42B), and Nicaragua ($939M).

Difference in imports from Guatemala (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Guatemala

Flow
Scale

This chart compares trade between United Arab Emirates and Guatemala by product, considering products traded by both, United Arab Emirates and Guatemala.

During 2023, United Arab Emirates had a large net trade with Guatemala in the exports of Plastics and Rubbers ($6.51M), Mineral Products ($5.02M), and Stone And Glass ($4.37M).

During 2018, Guatemala had a large net trade with United Arab Emirates in the exports of Vegetable Products ($95.3M), Textiles ($2.41M), and Foodstuffs ($726k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Guatemala+$7.97MRefined Petroleum
Top Product Potential Guatemala United Arab Emirates+$2.25MCoffee

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of United Arab Emirates (Flag) and Guatemala (Flag) (2023)

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