Guatemala-Nicaragua Trade: In 2022, Guatemala exported $1B to Nicaragua. The main products that Guatemala exported to Nicaragua were Light Rubberized Knitted Fabric ($173M), Packaged Medicaments ($72.2M), and Plastic Lids ($41.8M). Over the past 5 years the exports of Guatemala to Nicaragua have increased at an annualized rate of 12.2%, from $563M in 2017 to $1B in 2022.
In 2022, Guatemala did not export any services to Nicaragua.
Nicaragua-Guatemala Trade: In 2022, Nicaragua exported $221M to Guatemala. The main products that Nicaragua exported to Guatemala were Flavored Water ($28.1M), Non-Retail Pure Cotton Yarn ($23.2M), and Frozen Bovine Meat ($22.7M). Over the past 5 years the exports of Nicaragua to Guatemala have increased at an annualized rate of 13.3%, from $119M in 2017 to $221M in 2022.
In 2022, Nicaragua 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, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).