Guatemala (GTM) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Rwanda () (2022)

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

Latest Data

Trade between Guatemala () and Rwanda ()

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guatemala
Top DestinationUnited States$5.23B

Rwanda
Top DestinationUnited 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 () and Guatemala () (2022)

Comparative Advantage Guatemala - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Guatemala () and Rwanda ()

Guatemala Exports

Market Competitiveness

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

Comparative Advantage Guatemala - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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