Guatemala (GTM) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Guatemala-South Africa Trade: In 2022, Guatemala exported $7.6M to South Africa. The main products that Guatemala exported to South Africa were Coffee ($3.43M), Hard Liquor ($875k), and Crustaceans ($649k). Over the past 5 years the exports of Guatemala to South Africa have decreased at an annualized rate of 28.1%, from $39.4M in 2017 to $7.6M in 2022.

In 2022, Guatemala did not export any services to South Africa.

South Africa-Guatemala Trade: In 2022, South Africa exported $16.2M to Guatemala. The main products that South Africa exported to Guatemala were Delivery Trucks ($6.96M), Other Processed Fruits and Nuts ($1.67M), and Sowing Seeds ($1.26M). Over the past 5 years the exports of South Africa to Guatemala have increased at an annualized rate of 21%, from $6.27M in 2017 to $16.2M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guatemala exported $7.6M to South Africa. The main products exported from Guatemala to South Africa were Coffee ($3.43M), Hard Liquor ($875k), and Crustaceans ($649k). During the last 5 years the exports of Guatemala to South Africa have decreased at an annualized rate of 28.1%, from $39.4M in 2017 to $7.6M in 2022.

In 2017, South Africa exported $16.2M to Guatemala. The main products exported from South Africa to Guatemala were Delivery Trucks ($6.96M), Other Processed Fruits and Nuts ($1.67M), and Sowing Seeds ($1.26M). During the last 5 years the exports of South Africa to Guatemala have increased at an annualized rate of 21%, from $6.27M in 2022 to $16.2M in 2017.

Exports from Guatemala () to South Africa () (2022)

Exports from South Africa () to Guatemala () (2022)

Latest Data

Trade between Guatemala () and South Africa ()

Guatemala Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guatemala
Top DestinationUnited States$5.23B

South Africa
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Guatemala than South Africa included El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

In 2022, countries that imported more from South Africa than Guatemala included China ($23.4B), Germany ($9.96B), and India ($9.14B).

Difference in imports from South Africa () and Guatemala () (2022)

Comparative Advantage Guatemala - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guatemala had a large net trade with South Africa in the exports of Vegetable Products ($4.44M), Foodstuffs ($2.28M), and Animal Products ($649k).

During 2017, South Africa had a large net trade with Guatemala in the exports of Transportation ($7.59M), Foodstuffs ($2.29M), and Chemical Products ($1.53M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guatemala South Africa+$2.37MCoffee

Top Product Potential South Africa Guatemala+$5.73MDelivery Trucks

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

About

Historical Data

Bilateral Trade by Products

Exports from Guatemala () to South Africa () (2022)

Exports from South Africa () to Guatemala () (2022)

Latest Data

Trade between Guatemala () and South Africa ()

Guatemala Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Guatemala () (2022)

Comparative Advantage Guatemala - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guatemala () and South Africa () (2022)

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