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2023
Flag → Flag
Exports $8.06MRnk 63 / 170
2023
Flag → Flag
Top Product $7.92MNutmeg, mace and cardamons
2023
Flag → Flag
Exports $21.5MRnk 93 / 205
2023
Flag → Flag
Top Product $2.2MNon-Retail Pure Cotton Yarn
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag  
GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
 GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC $5,763CURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195
2023
Flag
GDP PC$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195

About

Guatemala-Pakistan Trade: In 2023, Guatemala exported $8.06M to Pakistan. The main products that Guatemala exported to Pakistan were Nutmeg, mace and cardamons ($7.92M), Essential Oils ($100k), and Coffee ($36.3k). Over the past 5 years the exports of Guatemala to Pakistan have decreased at an annualized rate of 24.2%, from $32.3M in 2018 to $8.06M in 2023.

In 2023, Guatemala did not export any services to Pakistan.

Pakistan-Guatemala Trade: In 2023, Pakistan exported $21.5M to Guatemala. The main products that Pakistan exported to Guatemala were Non-Retail Pure Cotton Yarn ($2.2M), Industrial Food Preperation Machinery ($2.19M), and Non-Knit Women's Suits ($1.29M). Over the past 5 years the exports of Pakistan to Guatemala have increased at an annualized rate of 9.31%,  from $13.8M in 2018 to $21.5M in 2023.

In 2023, Pakistan did not export any services to Guatemala.

Comparison: In 2023,  Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B). That same year, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guatemala exported $8.06M to Pakistan. The main products exported from Guatemala to Pakistan were Nutmeg, mace and cardamons ($7.92M), Essential Oils ($100k), and Coffee ($36.3k). During the last 5 years the exports of Guatemala to Pakistan have decreased at an annualized rate of 24.2%, from $32.3M in 2018 to $8.06M in 2023.

In 2018, Pakistan exported $21.5M to Guatemala. The main products exported from Pakistan to Guatemala were Non-Retail Pure Cotton Yarn ($2.2M), Industrial Food Preperation Machinery ($2.19M), and Non-Knit Women's Suits ($1.29M). During the last 5 years the exports of Pakistan to Guatemala have increased at an annualized rate of 9.31%, from $13.8M in 2023 to $21.5M in 2018.

Exports from Guatemala (Flag) to Pakistan (Flag) (2023)

Exports from Pakistan (Flag) to Guatemala (Flag) (2023)

Latest Data

Trade between Guatemala (Flag) and Pakistan (Flag)

Guatemala Exports

Pakistan Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.16B
Pakistan
Top DestinationUnited States$5.18B

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

In 2023, countries that imported more from Guatemala than Pakistan included El Salvador ($1.73B), Honduras ($1.42B), and Nicaragua ($939M).

In 2023, countries that imported more from Pakistan than Guatemala included United Arab Emirates ($3.7B), China ($3.4B), and Germany ($2.43B).

Difference in imports from Pakistan (Flag) and Guatemala (Flag) (2023)

Comparative Advantage Guatemala - Pakistan

Flow
Scale

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

During 2023, Guatemala had a large net trade with Pakistan in the exports of Vegetable Products ($7.95M), Chemical Products ($100k), and Plastics and Rubbers ($5.58k).

During 2018, Pakistan had a large net trade with Guatemala in the exports of Textiles ($12.3M), Machines ($2.35M), and Miscellaneous ($1.33M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Pakistan+$116kScrap Iron
Top Product Potential Pakistan Guatemala+$3.04MNon-Retail Pure Cotton Yarn

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

Product Space of Guatemala (Flag) and Pakistan (Flag) (2023)

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