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Pricing

2022
Flag → Flag
Exports $268MRnk 57 / 215
2022
Flag → Flag
Top Product $72.9MWheat
2022
Flag → Flag
Exports $283MRnk 12 / 162
2022
Flag → Flag
Top Product $89.8MCoffee
2022
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Economic Complexity (ECI) ECI 0.85Rnk 31 / 124
2022
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Economic Complexity (ECI) ECI -0.24Rnk 73 / 124
2022
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GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
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 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
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GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
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GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
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GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
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GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Canada-Guatemala In 2022, Canada exported $268M to Guatemala. The main products that Canada exported to Guatemala are Wheat ($72.9M), Planes, Helicopters, and/or Spacecraft ($39.3M), and Potassic Fertilizers ($22.6M). During the last 27 years the exports of Canada to Guatemala have increased at an annualized rate of 6.14%, from $53.5M in 1995 to $268M in 2022.

In 2020, Canada exported services to Guatemala worth $9.69M, with Travel ($8.95M) and Computer and information services ($746k) being the largest in terms of value.

Guatemala-Canada In 2022, Guatemala exported $283M to Canada. The main products that Guatemala exported to Canada were Coffee ($89.8M), Raw Sugar ($54.2M), and Melons ($34.4M). During the last 27 years the exports of Guatemala to Canada have increased at an annualized rate of 7.98%, from $35.6M in 1995 to $283M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.24), and 84 in total exports ($16.4B).

Latest Trends

January, 2024

About

Overview In January 2024, Canada exported C$46.3M and imported C$60.7M from Guatemala, resulting in a negative trade balance of C$14.4M. Between January 2023 and January 2024 the exports of Canada have increased by C$24.9M (117%) from C$21.3M to C$46.3M, while imports decreased by C$-27.5M (-31.2%) from C$88.1M to C$60.7M.

Trade In January 2024, the top exports of Canada to Guatemala were Wheat (C$12.9M), Potassic Fertilizers (C$2.27M), Potatoes (C$1.11M), Other Furniture (C$652k), and Poultry (C$394k). In January 2024 the top imports of Canada from Guatemala were Bananas (C$23.5M), Raw Sugar (C$22.6M), Coffee (C$13.5M), Melons (C$8.95M), and Legumes (C$3.25M).

Origins In January 2024 the exports of Canada were mainly from Alberta (C$27.6M), Saskatchewan (C$8.77M), Manitoba (C$2.57M), Ontario (C$2.36M), and Quebec (C$2.16M), while imports destinations were mainly Ontario (C$28.3M), Quebec (C$12.2M), British Columbia (C$9.72M), Alberta (C$5.84M), and New Brunswick (C$2.02M).

Growth In January 2024, the increase in Canada's year-by-year exports to Guatemala was explained primarily by an increase in product exports in Potatoes (C$1.05M or 1.54k%), Other Furniture (C$652k or 4.07M%), and Poultry (C$246k or 166%). In January 2024, the decrease in Canada's year-by-year imports  from Guatemala was explained primarily by an decrease in product imports  in Hard Liquor (C$-523k or -88.6%), Leather Apparel (C$-325k or -87.7%), and Jams (C$-143k or -59.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)C$24.9M(117%)
IMPORT GROWTH (January 2023 - January 2024)C$-27.5M(-31.2%)
MAIN EXPORTER (January 2024)AlbertaC$27.6M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Guatemala and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $268M to Guatemala. The main products exported from Canada to Guatemala were Wheat ($72.9M), Planes, Helicopters, and/or Spacecraft ($39.3M), and Potassic Fertilizers ($22.6M). During the last 27 years the exports of Canada to Guatemala have increased at an annualized rate of 6.14%, from $53.5M in 1995 to $268M in 2022.

In 2022, Guatemala exported $283M to Canada. The main products exported from Guatemala to Canada were Coffee ($89.8M), Raw Sugar ($54.2M), and Melons ($34.4M). During the last 27 years the exports of Guatemala to Canada have increased at an annualized rate of 7.98%, from $35.6M in 1995 to $283M in 2022.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Guatemala
Top DestinationUnited States$5.23B

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

In 2021, countries that imported more from Canada than Guatemala were United States ($438B), China ($25.4B), and Japan ($14.3B).

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

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

Comparative Advantage Canada - Guatemala

Flow
Scale

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

During 2022, Canada had a large net trade with Guatemala in the exports of Vegetable Products ($79.3M), Transportation ($57.9M), and Chemical Products ($33.9M).

During 2022, Guatemala had a large net trade with Canada in the exports of Vegetable Products ($177M), Foodstuffs ($63.3M), and Textiles ($30.6M).

Service Trade

Bilateral Service Trade

In 2020, Canada exported services to Guatemala worth $9.69M, with Travel ($8.95M) and Computer and information services ($746k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Guatemala (Flag) (2020)

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 Canada has comparative advantage over Guatemala. Similarly, the more yellow a dot/product is, the more Guatemala has comparative advantage over Canada.

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

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