2022
Flag  
GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC 
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC
$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186

About

Guatemala-Rwanda Trade: In 2022, Guatemala exported $1.64k to Rwanda. The main products that Guatemala exported to Rwanda were Hard Liquor ($1.56k) and Sowing Seeds ($78). Over the past 6 years the exports of Guatemala to Rwanda have decreased at an annualized rate of 45%, from $59.2k in 2016 to $1.64k in 2022.

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

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

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $1.64k to Rwanda. The main products exported from Guatemala to Rwanda were Hard Liquor ($1.56k) and Sowing Seeds ($78). During the last 6 years the exports of Guatemala to Rwanda have decreased at an annualized rate of 45%, from $59.2k in 2016 to $1.64k in 2022.

Rwanda does not register exports to Guatemala. The main products exported from Rwanda to Guatemala were Rubber Footwear ($292) and Copper Pipe Fittings ($2).

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

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

Latest Data

Trade between Guatemala (Flag) and Rwanda (Flag)

Guatemala Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
Rwanda
Top Destination
United Arab Emirates$568M

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

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

In 2022, countries that imported more from Rwanda than Guatemala included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).

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

Comparative Advantage Guatemala - Rwanda

Flow
Scale

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

During 2022, Guatemala had a large net trade with Rwanda in the exports of Foodstuffs ($1.56k) and Vegetable Products ($78).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Rwanda+$1.95kPalm Oil
Top Product Potential Rwanda Guatemala+$1.73kMalt Extract

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

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

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