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2023
Flag → Flag
Exports $369MRnk 35 / 168
2023
Flag → Flag
Top Product $192MDelivery Trucks
2023
Flag → Flag
Exports $7.16MRnk 65 / 170
2023
Flag → Flag
Top Product $2.48MRubber
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Argentina-Guatemala Trade: In 2023, Argentina exported $369M to Guatemala. The main products that Argentina exported to Guatemala were Delivery Trucks ($192M), Soybean Oil ($53.3M), and Packaged Medicaments ($34.9M). Over the past 5 years the exports of Argentina to Guatemala have increased at an annualized rate of 23.6%, from $128M in 2018 to $369M in 2023.

In 2023, Argentina did not export any services to Guatemala.

Guatemala-Argentina Trade: In 2023, Guatemala exported $7.16M to Argentina. The main products that Guatemala exported to Argentina were Rubber ($2.48M), Pesticides ($1.25M), and Other Oily Seeds ($768k). Over the past 5 years the exports of Guatemala to Argentina have increased at an annualized rate of 7.87%,  from $4.9M in 2018 to $7.16M in 2023.

In 2023, Guatemala did not export any services to Argentina.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). 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, Argentina exported $369M to Guatemala. The main products exported from Argentina to Guatemala were Delivery Trucks ($192M), Soybean Oil ($53.3M), and Packaged Medicaments ($34.9M). During the last 5 years the exports of Argentina to Guatemala have increased at an annualized rate of 23.6%, from $128M in 2018 to $369M in 2023.

In 2018, Guatemala exported $7.16M to Argentina. The main products exported from Guatemala to Argentina were Rubber ($2.48M), Pesticides ($1.25M), and Other Oily Seeds ($768k). During the last 5 years the exports of Guatemala to Argentina have increased at an annualized rate of 7.87%, from $4.9M in 2023 to $7.16M in 2018.

Exports from Argentina (Flag) to Guatemala (Flag) (2023)

Exports from Guatemala (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Guatemala (Flag)

Argentina Exports

Guatemala Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Guatemala
Top DestinationUnited States$5.16B

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 2023, countries that imported more from Argentina than Guatemala included Brazil ($12.1B), Chile ($5.57B), and China ($5.36B).

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

Difference in imports from Guatemala (Flag) and Argentina (Flag) (2023)

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 2023, Argentina had a large net trade with Guatemala in the exports of Transportation ($225M), Animal and Vegetable Bi-Products ($56.4M), and Chemical Products ($42.6M).

During 2018, Guatemala had a large net trade with Argentina in the exports of Plastics and Rubbers ($2.49M), Vegetable Products ($2.14M), and Chemical Products ($1.7M).

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) (2023)

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