2022
Flag  
GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 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 
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 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

Ukraine-Guatemala Trade: In 2022, Ukraine exported $25.7M to Guatemala. The main products that Ukraine exported to Guatemala were Hot-Rolled Iron Bars ($13.4M), Iron Ingots ($10.3M), and Used Clothing ($206k). Over the past 5 years the exports of Ukraine to Guatemala have increased at an annualized rate of 92%, from $986k in 2017 to $25.7M in 2022.

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

Guatemala-Ukraine Trade: In 2022, Guatemala exported $14.6M to Ukraine. The main products that Guatemala exported to Ukraine were Nickel Ore ($12.2M), Bananas ($1.29M), and Coffee ($260k). Over the past 5 years the exports of Guatemala to Ukraine have decreased at an annualized rate of 5.37%,  from $41.7M in 2017 to $14.6M in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $25.7M to Guatemala. The main products exported from Ukraine to Guatemala were Hot-Rolled Iron Bars ($13.4M), Iron Ingots ($10.3M), and Used Clothing ($206k). During the last 5 years the exports of Ukraine to Guatemala have increased at an annualized rate of 92%, from $986k in 2017 to $25.7M in 2022.

In 2017, Guatemala exported $14.6M to Ukraine. The main products exported from Guatemala to Ukraine were Nickel Ore ($12.2M), Bananas ($1.29M), and Coffee ($260k). During the last 5 years the exports of Guatemala to Ukraine have decreased at an annualized rate of 5.37%, from $41.7M in 2022 to $14.6M in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Guatemala (Flag)

Ukraine Exports

Guatemala Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from Ukraine than Guatemala included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

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

Comparative Advantage Ukraine - Guatemala

Flow
Scale

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

During 2022, Ukraine had a large net trade with Guatemala in the exports of Metals ($23.8M), Chemical Products ($450k), and Machines ($447k).

During 2017, Guatemala had a large net trade with Ukraine in the exports of Mineral Products ($12.2M), Vegetable Products ($1.88M), and Foodstuffs ($390k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Guatemala+$161kElectrical Control Boards
Top Product Potential Guatemala Ukraine+$767kBananas

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

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

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