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Pricing

2022
Flag → Flag
Exports $2.25kRnk 156 / 173
2022
Flag → Flag
Top Product $1.65kInk Ribbons
2022
Flag → Flag
Exports $12.1kRnk 152 / 162
2022
Flag → Flag
Top Product $9.9kLiquid Dispersing Machines
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC $4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Namibia-Guatemala Trade: In 2022, Namibia exported $2.25k to Guatemala. The main products that Namibia exported to Guatemala were Ink Ribbons ($1.65k), Other Footwear ($303), and Brooms ($93). Over the past 5 years the exports of Namibia to Guatemala have decreased at an annualized rate of 23.6%, from $8.65k in 2017 to $2.25k in 2022.

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

Guatemala-Namibia Trade: In 2022, Guatemala exported $12.1k to Namibia. The main products that Guatemala exported to Namibia were Liquid Dispersing Machines ($9.9k), Coffee ($792), and Engine Parts ($734). Over the past 5 years the exports of Guatemala to Namibia have increased at an annualized rate of 57.9%,  from $782 in 2017 to $12.1k in 2022.

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

Comparison: In 2022,  Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). 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, Namibia exported $2.25k to Guatemala. The main products exported from Namibia to Guatemala were Ink Ribbons ($1.65k), Other Footwear ($303), and Brooms ($93). During the last 5 years the exports of Namibia to Guatemala have decreased at an annualized rate of 23.6%, from $8.65k in 2017 to $2.25k in 2022.

In 2017, Guatemala exported $12.1k to Namibia. The main products exported from Guatemala to Namibia were Liquid Dispersing Machines ($9.9k), Coffee ($792), and Engine Parts ($734). During the last 5 years the exports of Guatemala to Namibia have increased at an annualized rate of 57.9%, from $782 in 2022 to $12.1k in 2017.

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

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

Latest Data

Trade between Namibia (Flag) and Guatemala (Flag)

Namibia Exports

Date

Guatemala Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Namibia than Guatemala included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

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

Comparative Advantage Namibia - Guatemala

Flow
Scale

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

During 2022, Namibia had a large net trade with Guatemala in the exports of Miscellaneous ($1.74k), Footwear and Headwear ($317), and Foodstuffs ($116).

During 2017, Guatemala had a large net trade with Namibia in the exports of Machines ($10.6k), Vegetable Products ($792), and Instruments ($594).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Guatemala+$3.95kRefined Petroleum
Top Product Potential Guatemala Namibia+$6.51kCoffee

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

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

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