Ethiopia (ETH) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Ethiopia-Guatemala Trade: In 2023, Ethiopia exported $328k to Guatemala. The main products that Ethiopia exported to Guatemala were Soybeans ($271k), Non-Knit Men's Suits ($12k), and Knit Sweaters ($9.5k). Over the past 5 years the exports of Ethiopia to Guatemala have increased at an annualized rate of 90.8%, from $13k in 2018 to $328k in 2023.

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

Guatemala-Ethiopia Trade: In 2023, Guatemala exported $239k to Ethiopia. The main products that Guatemala exported to Ethiopia were Cinnamon ($49.7k), Plastic Lids ($44.9k), and Twine and Rope ($42.9k). Over the past 5 years the exports of Guatemala to Ethiopia have decreased at an annualized rate of 20%, from $727k in 2018 to $239k in 2023.

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

Comparison: In 2023, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ethiopia exported $328k to Guatemala. The main products exported from Ethiopia to Guatemala were Soybeans ($271k), Non-Knit Men's Suits ($12k), and Knit Sweaters ($9.5k). During the last 5 years the exports of Ethiopia to Guatemala have increased at an annualized rate of 90.8%, from $13k in 2018 to $328k in 2023.

In 2018, Guatemala exported $239k to Ethiopia. The main products exported from Guatemala to Ethiopia were Cinnamon ($49.7k), Plastic Lids ($44.9k), and Twine and Rope ($42.9k). During the last 5 years the exports of Guatemala to Ethiopia have decreased at an annualized rate of 20%, from $727k in 2023 to $239k in 2018.

Exports from Ethiopia () to Guatemala () (2023)

Exports from Guatemala () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Guatemala ()

Ethiopia Exports

Date

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Ethiopia than Guatemala included China ($402M), United Arab Emirates ($314M), and Saudi Arabia ($304M).

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

Difference in imports from Guatemala () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ethiopia had a large net trade with Guatemala in the exports of Vegetable Products ($271k), Textiles ($42.1k), and Miscellaneous ($7.68k).

During 2018, Guatemala had a large net trade with Ethiopia in the exports of Vegetable Products ($80.1k), Textiles ($79.5k), and Plastics and Rubbers ($50.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Guatemala+$347kDried Legumes

Top Product Potential Guatemala Ethiopia+$114kNutmeg, mace and cardamons

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 Ethiopia and Guatemala. This means that a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Guatemala. Similarly, a dot/product with the flag of Guatemala indicates it has a comparative advantage over Ethiopia.

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Guatemala () (2023)

Exports from Guatemala () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Guatemala ()

Ethiopia Exports

Guatemala Exports

Market Competitiveness

Difference in imports from Guatemala () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Guatemala () (2023)

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