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Pricing

2022
Flag → Flag
Exports $4.49kRnk 158 / 162
2022
Flag → Flag
Top Product $4.3kNon-Knit Active Wear
2022
Flag → Flag
Exports $32.8kRnk 130 / 160
2022
Flag → Flag
Top Product $11.8kNon-fillet Fresh Fish
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC $5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Guatemala-Senegal Trade: In 2022, Guatemala exported $4.49k to Senegal. The main products that Guatemala exported to Senegal were Non-Knit Active Wear ($4.3k) and Liquid Pumps ($185). Over the past 5 years the exports of Guatemala to Senegal have decreased at an annualized rate of 82.8%, from $30.2M in 2017 to $4.49k in 2022.

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

Senegal-Guatemala Trade: In 2022, Senegal exported $32.8k to Guatemala. The main products that Senegal exported to Guatemala were Non-fillet Fresh Fish ($11.8k), Cars ($11.2k), and Iron Chains ($4.41k). Over the past 5 years the exports of Senegal to Guatemala have decreased at an annualized rate of 19.9%,  from $99.3k in 2017 to $32.8k in 2022.

In 2022, Senegal 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, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $4.49k to Senegal. The main products exported from Guatemala to Senegal were Non-Knit Active Wear ($4.3k) and Liquid Pumps ($185). During the last 5 years the exports of Guatemala to Senegal have decreased at an annualized rate of 82.8%, from $30.2M in 2017 to $4.49k in 2022.

In 2017, Senegal exported $32.8k to Guatemala. The main products exported from Senegal to Guatemala were Non-fillet Fresh Fish ($11.8k), Cars ($11.2k), and Iron Chains ($4.41k). During the last 5 years the exports of Senegal to Guatemala have decreased at an annualized rate of 19.9%, from $99.3k in 2022 to $32.8k in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Senegal (Flag)

Guatemala Exports

Senegal Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Senegal
Top DestinationMali$1.13B

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

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

In 2022, countries that imported more from Senegal than Guatemala included Mali ($1.13B), India ($1B), and Switzerland ($662M).

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

Comparative Advantage Guatemala - Senegal

Flow
Scale

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

During 2022, Guatemala had a large net trade with Senegal in the exports of Textiles ($4.3k) and Machines ($185).

During 2017, Senegal had a large net trade with Guatemala in the exports of Animal Products ($11.8k), Transportation ($11.2k), and Metals ($4.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Senegal+$10.3kNon-Knit Active Wear
Top Product Potential Senegal Guatemala+$39.6kCars

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

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

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