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2021
Flag → Flag
Exports $4.84kRnk 26 / 0
2021
Flag → Flag
Exports $1.13BRnk 96 / 129
2021
Flag → Flag
Top Product $22.8kUsed Clothing
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC $5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Guatemala-Albania Trade: In 2021, Guatemala exported $4.84k to Albania. The main products that Guatemala exported to Albania were N/A. Over the past 6 years the exports of Guatemala to Albania have decreased at an annualized rate of 19.8%, from $18.2k in 2015 to $4.84k in 2021.

In 2021, Guatemala did not export any services to Albania.

Albania-Guatemala In N/A, Albania did not export any products to Guatemala.

In 2021, Albania did not export any services to Guatemala.

Comparison: In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Guatemala exported $4.84k to Albania. There were not main exports from Guatemala to Albania in 2021. During the last 6 years the exports of Guatemala to Albania have decreased at an annualized rate of 19.8%, from $18.2k in 2015 to $4.84k in 2021.

Albania does not register exports to Guatemala. The main products exported from Albania to Guatemala were Used Clothing ($22.8k), Leather Footwear ($11.5k), and Trunks and Cases ($10.6k).

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

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

Latest Data

Trade between Guatemala (Flag) and Albania (Flag)

Guatemala Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Guatemala than Albania included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

In 2022, countries that imported more from Albania than Guatemala included Italy ($1.75B), Greece ($421M), and North Macedonia ($101M).

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

Comparative Advantage Guatemala - Albania

Flow
Scale

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

During 2021, Guatemala had a large net trade with Albania in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Albania+$2.21kPackaged Medicaments
Top Product Potential Albania Guatemala+$40.6kLeather Footwear

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

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

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

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