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Pricing

2022
Flag → Flag
Exports $8.82MRnk 62 / 162
2022
Flag → Flag
Top Product $8.8MRaw Sugar
2022
Flag → Flag
Exports $26.7kRnk 92 / 206
2022
Flag → Flag
Top Product $1.83MKraft Paper
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 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$13,772CURRENT US$
Rnk 64 / 186
2012-2022
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GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

Guatemala-Bulgaria Trade: In 2022, Guatemala exported $8.82M to Bulgaria. The main products that Guatemala exported to Bulgaria were Raw Sugar ($8.8M), Coffee ($20k), and Jewellery ($5.16k). Over the past 5 years the exports of Guatemala to Bulgaria have increased at an annualized rate of 32.1%, from $2.2M in 2017 to $8.82M in 2022.

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

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

In 2022, Bulgaria 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, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $8.82M to Bulgaria. The main products exported from Guatemala to Bulgaria were Raw Sugar ($8.8M), Coffee ($20k), and Jewellery ($5.16k). During the last 5 years the exports of Guatemala to Bulgaria have increased at an annualized rate of 32.1%, from $2.2M in 2017 to $8.82M in 2022.

Bulgaria does not register exports to Guatemala. The main products exported from Bulgaria to Guatemala were Kraft Paper ($1.83M), Animal Food ($1.28M), and Medical Instruments ($1.19M).

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

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

Latest Data

Trade between Guatemala (Flag) and Bulgaria (Flag)

Guatemala Exports

Bulgaria Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Bulgaria
Top DestinationGermany$6.91B

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

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

In 2022, countries that imported more from Bulgaria than Guatemala included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

Comparative Advantage Guatemala - Bulgaria

Flow
Scale

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

During 2022, Guatemala had a large net trade with Bulgaria in the exports of Foodstuffs ($8.8M), Vegetable Products ($20k), and Precious Metals ($5.16k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Bulgaria+$156kRaw Sugar
Top Product Potential Bulgaria Guatemala+$1.23MPackaged Medicaments

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

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

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