2023
Flag  
GDP
$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 62 / 195
2023
Flag
 GDP
$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH
97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC 
$22,057CURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP PC GROWTH
61.9%CURRENT US$
Rnk 28 / 195
2023
Flag
GDP PC
$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 27 / 195

About

Poland-Guatemala Trade: In 2023, Poland exported $42.1M to Guatemala. The main products that Poland exported to Guatemala were Other Uncoated Paper ($4.31M), Documents of title (bonds etc) and unused stamps ($4.02M), and Beauty Products ($3.9M). Over the past 5 years the exports of Poland to Guatemala have increased at an annualized rate of 34.1%, from $9.71M in 2018 to $42.1M in 2023.

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

Guatemala-Poland Trade: In 2023, Guatemala exported $67.9M to Poland. The main products that Guatemala exported to Poland were Bananas ($30.6M), Raw Tobacco ($13.8M), and Raw Sugar ($12.2M). Over the past 5 years the exports of Guatemala to Poland have increased at an annualized rate of 18.1%,  from $29.6M in 2018 to $67.9M in 2023.

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

Comparison: In 2023,  Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B). 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, Poland exported $42.1M to Guatemala. The main products exported from Poland to Guatemala were Other Uncoated Paper ($4.31M), Documents of title (bonds etc) and unused stamps ($4.02M), and Beauty Products ($3.9M). During the last 5 years the exports of Poland to Guatemala have increased at an annualized rate of 34.1%, from $9.71M in 2018 to $42.1M in 2023.

In 2018, Guatemala exported $67.9M to Poland. The main products exported from Guatemala to Poland were Bananas ($30.6M), Raw Tobacco ($13.8M), and Raw Sugar ($12.2M). During the last 5 years the exports of Guatemala to Poland have increased at an annualized rate of 18.1%, from $29.6M in 2023 to $67.9M in 2018.

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

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

Latest Data

Trade between Poland (Flag) and Guatemala (Flag)

Poland Exports

Guatemala Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$84B
Guatemala
Top Destination
United States$5.16B

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

In 2023, countries that imported more from Poland than Guatemala included Germany ($84B), Czechia ($19.3B), and United Kingdom ($19.4B).

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

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

Comparative Advantage Poland - Guatemala

Flow
Scale

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

During 2023, Poland had a large net trade with Guatemala in the exports of Chemical Products ($11.5M), Paper Goods ($10M), and Machines ($7.71M).

During 2018, Guatemala had a large net trade with Poland in the exports of Vegetable Products ($34.1M), Foodstuffs ($29.9M), and Textiles ($2.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Poland Guatemala+$2.53MPackaged Medicaments
Top Product Potential Guatemala Poland+$5.74MBananas

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

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

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