Netherlands (NLD) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Netherlands-Guatemala In 2022, Netherlands exported $161M to Guatemala. The main products that Netherlands exported to Guatemala are Other Edible Preparations ($14.2M), Nitrogenous Fertilizers ($13.8M), and Malt Extract ($11.7M). During the last 27 years the exports of Netherlands to Guatemala have increased at an annualized rate of 5.21%, from $40.8M in 1995 to $161M in 2022.

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

Guatemala-Netherlands In 2022, Guatemala exported $658M to Netherlands. The main products that Guatemala exported to Netherlands were Palm Oil ($356M), Alcohol > 80% ABV ($91.2M), and Ferroalloys ($39.6M). During the last 27 years the exports of Guatemala to Netherlands have increased at an annualized rate of 10.6%, from $43.4M in 1995 to $658M in 2022.

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

Comparison In 2022, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.24), and 84 in total exports ($16.4B).

Latest Trends

October, 2022

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Overview In October 2022, Netherlands exported €6M and imported €41M from Guatemala, resulting in a negative trade balance of €35M. Between October 2021 and October 2022 the exports of Netherlands have decreased by €-2M (-25%) from €8M to €6M, while imports increased by €16M (64%) from €25M to €41M.

Trade In October 2022, the top exports of Netherlands to Guatemala were Edible products and preparations, n.e.s. (€1M) and Crude vegetable materials, n.e.s. (€1M). In October 2022 the top imports of Netherlands from Guatemala were Fixed vegetable fats and oils, crude,... (€15M), Crude vegetable materials, n.e.s. (€3M), Vegetables, fresh, chilled, frozen or simply... (€2M), Fruit and nuts (not including oil... (€2M), and Spices (€2M).

Growth In October 2022, the decrease in Netherlands's year-by-year exports to Guatemala was explained primarily by an decrease in product exports in . In October 2022, the increase in Netherlands's year-by-year imports from Guatemala was explained primarily by an increase in product imports in Fixed vegetable fats and oils, crude,... (€8M or 114%) and Fruit and nuts (not including oil... (€1M or 100%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€-2M(-25%)

IMPORT GROWTH (October 2021 - October 2022)€16M(64%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Guatemala and Netherlands trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $161M to Guatemala. The main products exported from Netherlands to Guatemala were Other Edible Preparations ($14.2M), Nitrogenous Fertilizers ($13.8M), and Malt Extract ($11.7M). During the last 27 years the exports of Netherlands to Guatemala have increased at an annualized rate of 5.21%, from $40.8M in 1995 to $161M in 2022.

In 2022, Guatemala exported $658M to Netherlands. The main products exported from Guatemala to Netherlands were Palm Oil ($356M), Alcohol > 80% ABV ($91.2M), and Ferroalloys ($39.6M). During the last 27 years the exports of Guatemala to Netherlands have increased at an annualized rate of 10.6%, from $43.4M in 1995 to $658M in 2022.

Exports from Netherlands () to Guatemala () (2022)

Exports from Guatemala () to Netherlands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Guatemala
Top DestinationUnited States$5.23B

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

In 2021, countries that imported more from Netherlands than Guatemala were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2021, countries that imported more from Guatemala than Netherlands were El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

Difference in imports from Guatemala () and Netherlands () (2022)

Comparative Advantage Netherlands - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Netherlands had a large net trade with Guatemala in the exports of Foodstuffs ($42.1M), Chemical Products ($35.9M), and Vegetable Products ($20.6M).

During 2022, Guatemala had a large net trade with Netherlands in the exports of Animal and Vegetable Bi-Products ($399M), Foodstuffs ($106M), and Vegetable Products ($84.2M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Guatemala. Similarly, the more yellow a dot/product is, the more Guatemala has comparative advantage over Netherlands.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Guatemala () (2022)

Exports from Guatemala () to Netherlands () (2022)

Market Competitiveness

Difference in imports from Guatemala () and Netherlands () (2022)

Comparative Advantage Netherlands - Guatemala

Economic Complexity

Competitive Landscape

Product Space of Netherlands () and Guatemala () (2022)

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