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Pricing

2023
Flag → Flag
Exports $21.5MRnk 93 / 205
2023
Flag → Flag
Top Product $2.2MNon-Retail Pure Cotton Yarn
2023
Flag → Flag
Exports $8.06MRnk 63 / 170
2023
Flag → Flag
Top Product $7.92MNutmeg, mace and cardamons
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC $1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Pakistan-Guatemala Trade: In 2023, Pakistan exported $21.5M to Guatemala. The main products that Pakistan exported to Guatemala were Non-Retail Pure Cotton Yarn ($2.2M), Industrial Food Preperation Machinery ($2.19M), and Non-Knit Women's Suits ($1.29M). Over the past 5 years the exports of Pakistan to Guatemala have increased at an annualized rate of 9.31%, from $13.8M in 2018 to $21.5M in 2023.

In 2023, Pakistan did not export any services to Guatemala.

Guatemala-Pakistan Trade: In 2023, Guatemala exported $8.06M to Pakistan. The main products that Guatemala exported to Pakistan were Nutmeg, mace and cardamons ($7.92M), Essential Oils ($100k), and Coffee ($36.3k). Over the past 5 years the exports of Guatemala to Pakistan have decreased at an annualized rate of 24.2%,  from $32.3M in 2018 to $8.06M in 2023.

In 2023, Guatemala did not export any services to Pakistan.

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Pakistan exported $21.5M to Guatemala. The main products exported from Pakistan to Guatemala were Non-Retail Pure Cotton Yarn ($2.2M), Industrial Food Preperation Machinery ($2.19M), and Non-Knit Women's Suits ($1.29M). During the last 5 years the exports of Pakistan to Guatemala have increased at an annualized rate of 9.31%, from $13.8M in 2018 to $21.5M in 2023.

In 2018, Guatemala exported $8.06M to Pakistan. The main products exported from Guatemala to Pakistan were Nutmeg, mace and cardamons ($7.92M), Essential Oils ($100k), and Coffee ($36.3k). During the last 5 years the exports of Guatemala to Pakistan have decreased at an annualized rate of 24.2%, from $32.3M in 2023 to $8.06M in 2018.

Exports from Pakistan (Flag) to Guatemala (Flag) (2023)

Exports from Guatemala (Flag) to Pakistan (Flag) (2023)

Latest Data

Trade between Pakistan (Flag) and Guatemala (Flag)

Pakistan Exports

Guatemala Exports

Market Competitiveness

Color
Pakistan
Top DestinationUnited States$5.18B
Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Pakistan than Guatemala included United Arab Emirates ($3.7B), China ($3.4B), and Germany ($2.43B).

In 2023, countries that imported more from Guatemala than Pakistan included El Salvador ($1.73B), Honduras ($1.42B), and Nicaragua ($939M).

Difference in imports from Guatemala (Flag) and Pakistan (Flag) (2023)

Comparative Advantage Pakistan - Guatemala

Flow
Scale

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

During 2023, Pakistan had a large net trade with Guatemala in the exports of Textiles ($12.3M), Machines ($2.35M), and Miscellaneous ($1.33M).

During 2018, Guatemala had a large net trade with Pakistan in the exports of Vegetable Products ($7.95M), Chemical Products ($100k), and Plastics and Rubbers ($5.58k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Guatemala+$3.04MNon-Retail Pure Cotton Yarn
Top Product Potential Guatemala Pakistan+$116kScrap Iron

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

Product Space of Pakistan (Flag) and Guatemala (Flag) (2023)

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