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Pricing

2023
Flag → Flag
Exports $44.2kRnk 139 / 170
2023
Flag → Flag
Top Product $44.2kRefrigerators
2023
Flag → Flag
Exports $30.3kRnk 54 / 82
2023
Flag → Flag
Top Product $9.86kExcavation Machinery
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC $5,763CURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Guatemala-British Virgin Islands Trade: In 2023, Guatemala exported $44.2k to British Virgin Islands. The main products that Guatemala exported to British Virgin Islands were Refrigerators ($44.2k). Over the past 7 years the exports of Guatemala to British Virgin Islands have decreased at an annualized rate of 34.5%, from $856k in 2016 to $44.2k in 2023.

In 2023, Guatemala did not export any services to British Virgin Islands.

British Virgin Islands-Guatemala Trade: In 2023, British Virgin Islands exported $30.3k to Guatemala. The main products that British Virgin Islands exported to Guatemala were Excavation Machinery ($9.86k), Sulfonated, Nitrated or Nitrosated Hydrocarbons ($5.76k), and Baked Goods ($4.77k). Over the past 7 years the exports of British Virgin Islands to Guatemala have increased at an annualized rate of 6.23%,  from $22.4k in 2016 to $30.3k in 2023.

In 2023, British Virgin Islands 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, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guatemala exported $44.2k to British Virgin Islands. The main products exported from Guatemala to British Virgin Islands were Refrigerators ($44.2k). During the last 7 years the exports of Guatemala to British Virgin Islands have decreased at an annualized rate of 34.5%, from $856k in 2016 to $44.2k in 2023.

In 2018, British Virgin Islands exported $30.3k to Guatemala. The main products exported from British Virgin Islands to Guatemala were Excavation Machinery ($9.86k), Sulfonated, Nitrated or Nitrosated Hydrocarbons ($5.76k), and Baked Goods ($4.77k). During the last 5 years the exports of British Virgin Islands to Guatemala have increased at an annualized rate of 6.23%, from $22.4k in 2023 to $30.3k in 2018.

Exports from Guatemala (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Guatemala (Flag) (2023)

Latest Data

Trade between Guatemala (Flag) and British Virgin Islands (Flag)

Guatemala Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.16B
British Virgin Islands
Top DestinationMalta$93.7M

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

In 2023, countries that imported more from Guatemala than British Virgin Islands included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

In 2023, countries that imported more from British Virgin Islands than Guatemala included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

Difference in imports from British Virgin Islands (Flag) and Guatemala (Flag) (2023)

Comparative Advantage Guatemala - British Virgin Islands

Flow
Scale

This chart compares trade between Guatemala and British Virgin Islands by product, considering products traded by both, Guatemala and British Virgin Islands.

During 2023, Guatemala had a large net trade with British Virgin Islands in the exports of Machines ($44.2k).

During 2018, British Virgin Islands had a large net trade with Guatemala in the exports of Machines ($12.4k), Chemical Products ($8k), and Foodstuffs ($4.77k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Guatemala and British Virgin Islands. This means that a dot/product with the flag of Guatemala indicates it has a comparative advantage over British Virgin Islands. Similarly, a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Guatemala.

Product Space of Guatemala (Flag) and British Virgin Islands (Flag) (2023)

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