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2022
Flag → Flag
Exports $347MRnk 43 / 168
2022
Flag → Flag
Top Product $140MDelivery Trucks
2022
Flag → Flag
Exports $5.55MRnk 74 / 162
2022
Flag → Flag
Top Product $1.83MPesticides
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Argentina-Guatemala Trade: In 2022, Argentina exported $347M to Guatemala. The main products that Argentina exported to Guatemala were Delivery Trucks ($140M), Soybean Oil ($73.2M), and Cars ($32.7M). Over the past 5 years the exports of Argentina to Guatemala have increased at an annualized rate of 18.1%, from $151M in 2017 to $347M in 2022.

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

Guatemala-Argentina Trade: In 2022, Guatemala exported $5.55M to Argentina. The main products that Guatemala exported to Argentina were Pesticides ($1.83M), Rubber ($772k), and Sowing Seeds ($670k). Over the past 5 years the exports of Guatemala to Argentina have increased at an annualized rate of 12.1%,  from $3.13M in 2017 to $5.55M in 2022.

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

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $347M to Guatemala. The main products exported from Argentina to Guatemala were Delivery Trucks ($140M), Soybean Oil ($73.2M), and Cars ($32.7M). During the last 5 years the exports of Argentina to Guatemala have increased at an annualized rate of 18.1%, from $151M in 2017 to $347M in 2022.

In 2017, Guatemala exported $5.55M to Argentina. The main products exported from Guatemala to Argentina were Pesticides ($1.83M), Rubber ($772k), and Sowing Seeds ($670k). During the last 5 years the exports of Guatemala to Argentina have increased at an annualized rate of 12.1%, from $3.13M in 2022 to $5.55M in 2017.

Exports from Argentina (Flag) to Guatemala (Flag) (2022)

Exports from Guatemala (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Guatemala (Flag)

Argentina Exports

Guatemala Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Argentina than Guatemala included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

In 2022, countries that imported more from Guatemala than Argentina included El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

Difference in imports from Guatemala (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Guatemala

Flow
Scale

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

During 2022, Argentina had a large net trade with Guatemala in the exports of Transportation ($174M), Animal and Vegetable Bi-Products ($78.4M), and Chemical Products ($42M).

During 2017, Guatemala had a large net trade with Argentina in the exports of Chemical Products ($2.67M), Vegetable Products ($1.51M), and Plastics and Rubbers ($776k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Guatemala+$7.97MCars
Top Product Potential Guatemala Argentina+$2.27MPesticides

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

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

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