2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186

About

Hong Kong-Guatemala Trade: In 2022, Hong Kong exported $79.7M to Guatemala. The main products that Hong Kong exported to Guatemala were Video Displays ($34.9M), Computers ($3.25M), and Telephones ($2.82M). Over the past 5 years the exports of Hong Kong to Guatemala have decreased at an annualized rate of 16.9%, from $202M in 2017 to $79.7M in 2022.

In 2022, Hong Kong did not export any services to Guatemala.

Guatemala-Hong Kong Trade: In 2022, Guatemala exported $15M to Hong Kong. The main products that Guatemala exported to Hong Kong were Bananas ($6.05M), Telephones ($1.52M), and Knit Men's Shirts ($1.04M). Over the past 5 years the exports of Guatemala to Hong Kong have decreased at an annualized rate of 5.29%,  from $22M in 2017 to $15M in 2022.

In 2022, Guatemala did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $79.7M to Guatemala. The main products exported from Hong Kong to Guatemala were Video Displays ($34.9M), Computers ($3.25M), and Telephones ($2.82M). During the last 5 years the exports of Hong Kong to Guatemala have decreased at an annualized rate of 16.9%, from $202M in 2017 to $79.7M in 2022.

In 2017, Guatemala exported $15M to Hong Kong. The main products exported from Guatemala to Hong Kong were Bananas ($6.05M), Telephones ($1.52M), and Knit Men's Shirts ($1.04M). During the last 5 years the exports of Guatemala to Hong Kong have decreased at an annualized rate of 5.29%, from $22M in 2022 to $15M in 2017.

Exports from Hong Kong (Flag) to Guatemala (Flag) (2022)

Exports from Guatemala (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Guatemala (Flag)

Hong Kong Exports

Guatemala Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from Hong Kong than Guatemala included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

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

Difference in imports from Guatemala (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Guatemala

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Guatemala in the exports of Machines ($48.7M), Textiles ($7.73M), and Plastics and Rubbers ($6.48M).

During 2017, Guatemala had a large net trade with Hong Kong in the exports of Vegetable Products ($7.2M), Machines ($3.46M), and Textiles ($2.74M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Guatemala+$3.59MComputers
Top Product Potential Guatemala Hong Kong+$3.58MTelephones

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

Product Space of Hong Kong (Flag) and Guatemala (Flag) (2022)

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