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2023
Flag → Flag
Exports $1.7MRnk 111 / 192
2023
Flag → Flag
Top Product $427kAnimal Food
2023
Flag → Flag
Exports $1.47MRnk 93 / 170
2023
Flag → Flag
Top Product $1.03MHard Liquor
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Estonia-Guatemala Trade: In 2023, Estonia exported $1.7M to Guatemala. The main products that Estonia exported to Guatemala were Animal Food ($427k), Computers ($315k), and Video Displays ($148k). Over the past 5 years the exports of Estonia to Guatemala have decreased at an annualized rate of 44.7%, from $32.8M in 2018 to $1.7M in 2023.

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

Guatemala-Estonia Trade: In 2023, Guatemala exported $1.47M to Estonia. The main products that Guatemala exported to Estonia were Hard Liquor ($1.03M), Coffee ($146k), and Nutmeg, mace and cardamons ($95.1k). Over the past 5 years the exports of Guatemala to Estonia have decreased at an annualized rate of 0.24%,  from $1.48M in 2018 to $1.47M in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $1.7M to Guatemala. The main products exported from Estonia to Guatemala were Animal Food ($427k), Computers ($315k), and Video Displays ($148k). During the last 5 years the exports of Estonia to Guatemala have decreased at an annualized rate of 44.7%, from $32.8M in 2018 to $1.7M in 2023.

In 2018, Guatemala exported $1.47M to Estonia. The main products exported from Guatemala to Estonia were Hard Liquor ($1.03M), Coffee ($146k), and Nutmeg, mace and cardamons ($95.1k). During the last 5 years the exports of Guatemala to Estonia have decreased at an annualized rate of 0.24%, from $1.48M in 2023 to $1.47M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Guatemala (Flag)

Estonia Exports

Guatemala Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Estonia than Guatemala included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Guatemala than Estonia included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

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

Comparative Advantage Estonia - Guatemala

Flow
Scale

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

During 2023, Estonia had a large net trade with Guatemala in the exports of Machines ($845k), Foodstuffs ($427k), and Weapons ($120k).

During 2018, Guatemala had a large net trade with Estonia in the exports of Foodstuffs ($1.06M), Vegetable Products ($309k), and Textiles ($74.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Guatemala (Flag) (2023)

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