2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 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 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 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

South Africa-Guatemala Trade: In 2022, South Africa exported $16.2M to Guatemala. The main products that South Africa exported to Guatemala were Delivery Trucks ($6.96M), Other Processed Fruits and Nuts ($1.67M), and Sowing Seeds ($1.26M). Over the past 5 years the exports of South Africa to Guatemala have increased at an annualized rate of 21%, from $6.27M in 2017 to $16.2M in 2022.

In 2022, South Africa did not export any services to Guatemala.

Guatemala-South Africa Trade: In 2022, Guatemala exported $7.6M to South Africa. The main products that Guatemala exported to South Africa were Coffee ($3.43M), Hard Liquor ($875k), and Crustaceans ($649k). Over the past 5 years the exports of Guatemala to South Africa have decreased at an annualized rate of 28.1%,  from $39.4M in 2017 to $7.6M in 2022.

In 2022, Guatemala did not export any services to South Africa.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). 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, South Africa exported $16.2M to Guatemala. The main products exported from South Africa to Guatemala were Delivery Trucks ($6.96M), Other Processed Fruits and Nuts ($1.67M), and Sowing Seeds ($1.26M). During the last 5 years the exports of South Africa to Guatemala have increased at an annualized rate of 21%, from $6.27M in 2017 to $16.2M in 2022.

In 2017, Guatemala exported $7.6M to South Africa. The main products exported from Guatemala to South Africa were Coffee ($3.43M), Hard Liquor ($875k), and Crustaceans ($649k). During the last 5 years the exports of Guatemala to South Africa have decreased at an annualized rate of 28.1%, from $39.4M in 2022 to $7.6M in 2017.

Exports from South Africa (Flag) to Guatemala (Flag) (2022)

Exports from Guatemala (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from South Africa than Guatemala included China ($23.4B), Germany ($9.96B), and India ($9.14B).

In 2022, countries that imported more from Guatemala than South Africa included El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

Difference in imports from Guatemala (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Guatemala

Flow
Scale

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

During 2022, South Africa had a large net trade with Guatemala in the exports of Transportation ($7.59M), Foodstuffs ($2.29M), and Chemical Products ($1.53M).

During 2017, Guatemala had a large net trade with South Africa in the exports of Vegetable Products ($4.44M), Foodstuffs ($2.28M), and Animal Products ($649k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Guatemala+$5.73MDelivery Trucks
Top Product Potential Guatemala South Africa+$2.37MCoffee

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

Product Space of South Africa (Flag) and Guatemala (Flag) (2022)

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