Guatemala (GTM) and Marshall Islands (MHL) Trade | The Observatory of Economic Complexity

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Guatemala-Marshall Islands Trade: In 2022, Guatemala exported $283k to Marshall Islands. The main products that Guatemala exported to Marshall Islands were Refined Petroleum ($283k). Over the past 8 years the exports of Guatemala to Marshall Islands have increased at an annualized rate of 102%, from $1.01k in 2014 to $283k in 2022.

In 2022, Guatemala did not export any services to Marshall Islands.

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

In 2022, Marshall Islands 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, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guatemala exported $283k to Marshall Islands. The main products exported from Guatemala to Marshall Islands were Refined Petroleum ($283k). During the last 8 years the exports of Guatemala to Marshall Islands have increased at an annualized rate of 102%, from $1.01k in 2014 to $283k in 2022.

Marshall Islands does not register exports to Guatemala.

Exports from Guatemala () to Marshall Islands () (2022)

Exports from Marshall Islands () to Guatemala () (2022)

Latest Data

Trade between Guatemala () and Marshall Islands ()

Guatemala Exports

Date

Nov 2020

Oct 2017

Aug 2014

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guatemala
Top DestinationUnited States$5.23B

Marshall Islands
Top DestinationGermany$327M

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

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

In 2022, countries that imported more from Marshall Islands than Guatemala included Germany ($327M), Denmark ($159M), and Malta ($66.2M).

Difference in imports from Marshall Islands () and Guatemala () (2022)

Comparative Advantage Guatemala - Marshall Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guatemala had a large net trade with Marshall Islands in the exports of Mineral Products ($283k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guatemala () to Marshall Islands () (2022)

Exports from Marshall Islands () to Guatemala () (2022)

Latest Data

Trade between Guatemala () and Marshall Islands ()

Guatemala Exports

Market Competitiveness

Difference in imports from Marshall Islands () and Guatemala () (2022)

Comparative Advantage Guatemala - Marshall Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guatemala () and Marshall Islands () (2022)

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