Flag Guatemala / Canada Flag

2020
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Exports
: $374M, Rnk 7 / 164

2020
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Top Product
: $151M, Bananas

2020
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Exports
: $99.9M, Rnk 74 / 217

2020
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Top Product
: $26.3M, Wheat

2020
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Economic Complexity (ECI)
: ECI -0.4, Rnk 78 / 127

2020
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Economic Complexity (ECI)
: ECI 0.93, Rnk 29 / 127

2020
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GDP
: $77.6B, CURRENT US$
Rnk 69 / 204

2010-2020
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GDP GROWTH
: 90.8%, CURRENT US$
Rnk 20 / 204

2020
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 GDP
: $1.65T, CURRENT US$
Rnk 9 / 204

2010-2020
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GDP GROWTH
: 1.74%, CURRENT US$
Rnk 160 / 204

2020
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GDP PC 
: $4,603, CURRENT US$
Rnk 116 / 204

2010-2020
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GDP PC GROWTH
: 61.4%, CURRENT US$
Rnk 21 / 204

2020
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GDP PC
: $43,258, CURRENT US$
Rnk 25 / 204

2010-2020
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GDP PC GROWTH
: -9.05%, CURRENT US$
Rnk 166 / 204

Guatemala-Canada In 2020, Guatemala exported $374M to Canada. The main products that Guatemala exported to Canada are Bananas ($151M), Raw Sugar ($81.9M), and Coffee ($71.5M). During the last 25 years the exports of Guatemala to Canada have increased at an annualized rate of 9.87%, from $35.6M in 1995 to $374M in 2020.

In 2020, Guatemala did not export any services to Canada.

Canada-Guatemala In 2020, Canada exported $99.9M to Guatemala. The main products that Canada exported to Guatemala were Wheat ($26.3M), Potassic Fertilizers ($9.19M), and Inedible Fats and Oils ($7.67M). During the last 25 years the exports of Canada to Guatemala have increased at an annualized rate of 2.52%, from $53.6M in 1995 to $99.9M in 2020.

In 2020, Canada exported services to Guatemala worth $9.69M, with Travel ($8.95M) and Computer and information services ($746k) being the largest in terms of value.

Comparison In 2020,  Guatemala ranked 78 in the Economic Complexity Index (ECI -0.4), and 81 in total exports ($12.2B). That same year, Canada ranked 29 in the Economic Complexity Index (ECI 0.93), and 12 in total exports ($371B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Guatemala exported $374M to Canada. The main products exported from Guatemala to Canada were Bananas ($151M), Raw Sugar ($81.9M), and Coffee ($71.5M). During the last 25 years the exports of Guatemala to Canada have increased at an annualized rate of 9.87%, from $35.6M in 1995 to $374M in 2020.

In 2020, Canada exported $99.9M to Guatemala. The main products exported from Canada to Guatemala were Wheat ($26.3M), Potassic Fertilizers ($9.19M), and Inedible Fats and Oils ($7.67M). During the last 25 years the exports of Canada to Guatemala have increased at an annualized rate of 2.52%, from $53.6M in 1995 to $99.9M in 2020.

Guatemala Exports

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Canada Exports

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Market Competitiveness

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Measure

Guatemala
Top Destination
: United States, $3.87B

Canada
Top Destination
: United States, $264B

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

In 2019, countries that imported more from Guatemala than Canada were El Salvador ($1.32B), Honduras ($1.02B), and Nicaragua ($660M).

In 2019, countries that imported more from Canada than Guatemala were United States ($264B), China ($19.3B), and United Kingdom ($13.2B).

Comparative Advantage Guatemala - Canada

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Flow

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

During 2020, Guatemala had a large net trade with Canada in the exports of Vegetable Products ($250M), Foodstuffs ($90.4M), and Textiles ($20.5M).

During 2020, Canada had a large net trade with Guatemala in the exports of Vegetable Products ($30.8M), Paper Goods ($15.8M), and Chemical Products ($15.2M).

Bilateral Service Trade

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In 2020, Canada exported services to Guatemala worth $9.69M, with Travel ($8.95M) and Computer and information services ($746k) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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