New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $378MRnk 72 / 218
2022
Flag → Flag
Top Product $64.2MPackaged Medicaments
2022
Flag → Flag
Exports $327MRnk 9 / 162
2022
Flag → Flag
Top Product $181MPalm Oil
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 73 / 124
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Spain-Guatemala In 2022, Spain exported $378M to Guatemala. The main products that Spain exported to Guatemala are Packaged Medicaments ($64.2M), Prepared Pigments ($18.6M), and Unglazed Ceramics ($15.7M). During the last 27 years the exports of Spain to Guatemala have increased at an annualized rate of 8.6%, from $40.8M in 1995 to $378M in 2022.

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

Guatemala-Spain In 2022, Guatemala exported $327M to Spain. The main products that Guatemala exported to Spain were Palm Oil ($181M), Processed Fish ($55M), and Raw Sugar ($16.8M). During the last 27 years the exports of Guatemala to Spain have increased at an annualized rate of 11.9%, from $15.8M in 1995 to $327M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). 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, Spain exported €25.7M and imported €16.2M from Guatemala, resulting in a positive trade balance of €9.5M. Between January 2023 and January 2024 the exports of Spain have increased by €1.47M (6.06%) from €24.2M to €25.7M, while imports decreased by €-14.9M (-47.8%) from €31.1M to €16.2M.

Trade In January 2024, the top exports of Spain to Guatemala were Non-fillet Frozen Fish (€4.77M), Packaged Medicaments (€3.4M), Perfumes (€952k), Refined Petroleum (€822k), and Commodities not elsewhere specified (€700k). In January 2024 the top imports of Spain from Guatemala were Palm Oil (€14.3M), Processed Fish (€4.89M), Non-fillet Frozen Fish (€3.22M), Coconut Oil (€2.4M), and Crustaceans (€1.44M).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€8.62M), Madrid (€5.44M), Castellón (€1.63M), Valencia (€869k), and Granada (€803k), while imports destinations were mainly A Coruña (€7.59M), Barcelona (€5.3M), Pontevedra (€1.12M), Valencia (€726k), and Madrid (€516k).

Growth In January 2024, the increase in Spain's year-by-year exports to Guatemala was explained primarily by an increase in product exports in Non-fillet Frozen Fish (€4.76M or 94k%), Perfumes (€465k or 95.5%), and Packaged Medicaments (€403k or 13.4%). In January 2024, the decrease in Spain's year-by-year imports  from Guatemala was explained primarily by an decrease in product imports  in Palm Oil (€-520k or -3.51%), Textile Scraps (€-259k or -91.1%), and Nutmeg, mace and cardamons (€-93.4k or -87.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€1.47M(6.06%)
IMPORT GROWTH (January 2023 - January 2024)€-14.9M(-47.8%)
MAIN EXPORTER (January 2024)Barcelona€8.62M

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

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

For full datasets download visit Bulk Download page.

Explore Guatemala and Spain Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $378M to Guatemala. The main products exported from Spain to Guatemala were Packaged Medicaments ($64.2M), Prepared Pigments ($18.6M), and Unglazed Ceramics ($15.7M). During the last 27 years the exports of Spain to Guatemala have increased at an annualized rate of 8.6%, from $40.8M in 1995 to $378M in 2022.

In 2022, Guatemala exported $327M to Spain. The main products exported from Guatemala to Spain were Palm Oil ($181M), Processed Fish ($55M), and Raw Sugar ($16.8M). During the last 27 years the exports of Guatemala to Spain have increased at an annualized rate of 11.9%, from $15.8M in 1995 to $327M in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Guatemala
Top DestinationUnited States$5.23B

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

In 2021, countries that imported more from Spain than Guatemala were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Guatemala

Flow
Scale

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

During 2022, Spain had a large net trade with Guatemala in the exports of Chemical Products ($134M), Machines ($58.4M), and Foodstuffs ($31.7M).

During 2022, Guatemala had a large net trade with Spain in the exports of Animal and Vegetable Bi-Products ($192M), Foodstuffs ($85M), and Animal Products ($28.4M).

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms