Czechia (CZE) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Czechia-Guatemala Trade: In 2022, Czechia exported $22.6M to Guatemala. The main products that Czechia exported to Guatemala were Plastic Pipes ($4.52M), Spring, Air, and Gas Guns ($1.72M), and Handguns ($1.31M). Over the past 5 years the exports of Czechia to Guatemala have increased at an annualized rate of 25.2%, from $7.34M in 2017 to $22.6M in 2022.

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

Guatemala-Czechia Trade: In 2022, Guatemala exported $5.25M to Czechia. The main products that Guatemala exported to Czechia were Hard Liquor ($2.35M), Nutmeg, mace and cardamons ($448k), and Bananas ($445k). Over the past 5 years the exports of Guatemala to Czechia have decreased at an annualized rate of 7.69%, from $7.83M in 2017 to $5.25M in 2022.

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

Comparison: In 2022, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Czechia exported $22.6M to Guatemala. The main products exported from Czechia to Guatemala were Plastic Pipes ($4.52M), Spring, Air, and Gas Guns ($1.72M), and Handguns ($1.31M). During the last 5 years the exports of Czechia to Guatemala have increased at an annualized rate of 25.2%, from $7.34M in 2017 to $22.6M in 2022.

In 2017, Guatemala exported $5.25M to Czechia. The main products exported from Guatemala to Czechia were Hard Liquor ($2.35M), Nutmeg, mace and cardamons ($448k), and Bananas ($445k). During the last 5 years the exports of Guatemala to Czechia have decreased at an annualized rate of 7.69%, from $7.83M in 2022 to $5.25M in 2017.

Exports from Czechia () to Guatemala () (2022)

Exports from Guatemala () to Czechia () (2022)

Latest Data

Trade between Czechia () and Guatemala ()

Czechia Exports

Date

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$75.3B

Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Czechia than Guatemala included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Difference in imports from Guatemala () and Czechia () (2022)

Comparative Advantage Czechia - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Czechia had a large net trade with Guatemala in the exports of Machines ($7.09M), Plastics and Rubbers ($4.77M), and Weapons ($3.89M).

During 2017, Guatemala had a large net trade with Czechia in the exports of Foodstuffs ($2.6M), Vegetable Products ($1.54M), and Textiles ($1.08M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Guatemala+$2.4MTelephones

Top Product Potential Guatemala Czechia+$964kBananas

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Czechia () to Guatemala () (2022)

Exports from Guatemala () to Czechia () (2022)

Latest Data

Trade between Czechia () and Guatemala ()

Czechia Exports

Guatemala Exports

Market Competitiveness

Difference in imports from Guatemala () and Czechia () (2022)

Comparative Advantage Czechia - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Czechia () and Guatemala () (2022)

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