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2022
Flag → Flag
Exports $1.69MRnk 97 / 162
2022
Flag → Flag
Top Product $787kHard Liquor
2022
Flag → Flag
Exports $105MRnk 33 / 188
2022
Flag → Flag
Top Product $97.1MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
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 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $5,473CURRENT US$
Rnk 107 / 186
2012-2022
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GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186
2022
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GDP PC$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Guatemala-Estonia Trade: In 2022, Guatemala exported $1.69M to Estonia. The main products that Guatemala exported to Estonia were Hard Liquor ($787k), Coffee ($495k), and Nutmeg, mace and cardamons ($279k). Over the past 5 years the exports of Guatemala to Estonia have decreased at an annualized rate of 1.5%, from $1.82M in 2017 to $1.69M in 2022.

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

Estonia-Guatemala Trade: In 2022, Estonia exported $105M to Guatemala. The main products that Estonia exported to Guatemala were Refined Petroleum ($97.1M), Acyclic Hydrocarbons ($4.04M), and Animal Food ($1.69M). Over the past 5 years the exports of Estonia to Guatemala have increased at an annualized rate of 93.8%,  from $3.86M in 2017 to $105M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $1.69M to Estonia. The main products exported from Guatemala to Estonia were Hard Liquor ($787k), Coffee ($495k), and Nutmeg, mace and cardamons ($279k). During the last 5 years the exports of Guatemala to Estonia have decreased at an annualized rate of 1.5%, from $1.82M in 2017 to $1.69M in 2022.

In 2017, Estonia exported $105M to Guatemala. The main products exported from Estonia to Guatemala were Refined Petroleum ($97.1M), Acyclic Hydrocarbons ($4.04M), and Animal Food ($1.69M). During the last 5 years the exports of Estonia to Guatemala have increased at an annualized rate of 93.8%, from $3.86M in 2022 to $105M in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Estonia (Flag)

Guatemala Exports

Estonia Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Estonia
Top DestinationFinland$3B

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

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

In 2022, countries that imported more from Estonia than Guatemala included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Guatemala - Estonia

Flow
Scale

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

During 2022, Guatemala had a large net trade with Estonia in the exports of Vegetable Products ($830k), Foodstuffs ($787k), and Textiles ($43.7k).

During 2017, Estonia had a large net trade with Guatemala in the exports of Mineral Products ($98.3M), Chemical Products ($4.43M), and Foodstuffs ($1.75M).

Economic Complexity

Competitive Landscape

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

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

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