2022
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GDP
$1.92TCURRENT US$
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2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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2022
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 GDP
$95BCURRENT US$
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2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
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2022
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GDP PC 
$8,918CURRENT US$
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2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
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2022
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GDP PC
$5,473CURRENT US$
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2012-2022
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GDP PC GROWTH
63.1%CURRENT US$
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About

Brazil-Guatemala In 2022, Brazil exported $615M to Guatemala. The main products that Brazil exported to Guatemala are Corn ($149M), Cars ($31M), and Large Construction Vehicles ($28.8M). During the last 27 years the exports of Brazil to Guatemala have increased at an annualized rate of 8.14%, from $74.2M in 1995 to $615M in 2022.

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

Guatemala-Brazil In 2022, Guatemala exported $53.8M to Brazil. The main products that Guatemala exported to Brazil were Rubber ($15.5M), Scrap Aluminium ($15.1M), and Borates ($9.68M). During the last 27 years the exports of Guatemala to Brazil have increased at an annualized rate of 11.1%, from $3.1M in 1995 to $53.8M in 2022.

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

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B). That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.24), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $615M to Guatemala. The main products exported from Brazil to Guatemala were Corn ($149M), Cars ($31M), and Large Construction Vehicles ($28.8M). During the last 27 years the exports of Brazil to Guatemala have increased at an annualized rate of 13.1%, from $59.7M in 1995 to $615M in 2022.

In 2022, Guatemala exported $53.8M to Brazil. The main products exported from Guatemala to Brazil were Rubber ($15.5M), Scrap Aluminium ($15.1M), and Borates ($9.68M). During the last 21 years the exports of Guatemala to Brazil have increased at an annualized rate of 12.8%, from $34.6M in 1995 to $53.8M in 2022.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Guatemala
Top Destination
United States$5.23B

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

In 2021, countries that imported more from Brazil than Guatemala were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2021, countries that imported more from Guatemala than Brazil were El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

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

Comparative Advantage Brazil - Guatemala

Flow
Scale

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

During 2022, Brazil had a large net trade with Guatemala in the exports of Vegetable Products ($179M), Machines ($129M), and Transportation ($77.8M).

During 2022, Guatemala had a large net trade with Brazil in the exports of Metals ($18M), Plastics and Rubbers ($16.1M), and Chemical Products ($14.6M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Guatemala. Similarly, the more yellow a dot/product is, the more Guatemala has comparative advantage over Brazil.

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

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