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2022
Flag → Flag
Exports $26MRnk 142 / 219
2022
Flag → Flag
Top Product $7.22MRaw Plastic Sheeting
2022
Flag → Flag
Exports $78.1MRnk 27 / 162
2022
Flag → Flag
Top Product $72.3MNutmeg, mace and cardamons
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
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GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

United Arab Emirates-Guatemala Trade: In 2022, United Arab Emirates exported $26M to Guatemala. The main products that United Arab Emirates exported to Guatemala were Raw Plastic Sheeting ($7.22M), Unglazed Ceramics ($3.97M), and Nutmeg, mace and cardamons ($2.56M). Over the past 5 years the exports of United Arab Emirates to Guatemala have increased at an annualized rate of 30%, from $6.99M in 2017 to $26M in 2022.

In 2022, United Arab Emirates did not export any services to Guatemala.

Guatemala-United Arab Emirates Trade: In 2022, Guatemala exported $78.1M to United Arab Emirates. The main products that Guatemala exported to United Arab Emirates were Nutmeg, mace and cardamons ($72.3M), Coffee ($1.48M), and Pepper ($1.05M). Over the past 5 years the exports of Guatemala to United Arab Emirates have decreased at an annualized rate of 2%,  from $86.4M in 2017 to $78.1M in 2022.

In 2022, Guatemala did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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, United Arab Emirates exported $26M to Guatemala. The main products exported from United Arab Emirates to Guatemala were Raw Plastic Sheeting ($7.22M), Unglazed Ceramics ($3.97M), and Nutmeg, mace and cardamons ($2.56M). During the last 5 years the exports of United Arab Emirates to Guatemala have increased at an annualized rate of 30%, from $6.99M in 2017 to $26M in 2022.

In 2017, Guatemala exported $78.1M to United Arab Emirates. The main products exported from Guatemala to United Arab Emirates were Nutmeg, mace and cardamons ($72.3M), Coffee ($1.48M), and Pepper ($1.05M). During the last 5 years the exports of Guatemala to United Arab Emirates have decreased at an annualized rate of 2%, from $86.4M in 2022 to $78.1M in 2017.

Exports from United Arab Emirates (Flag) to Guatemala (Flag) (2022)

Exports from Guatemala (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Guatemala (Flag)

United Arab Emirates Exports

Guatemala Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from United Arab Emirates than Guatemala included India ($51B), Japan ($40.9B), and China ($32.5B).

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

Difference in imports from Guatemala (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Guatemala

Flow
Scale

This chart compares trade between United Arab Emirates and Guatemala by product, considering products traded by both, United Arab Emirates and Guatemala.

During 2022, United Arab Emirates had a large net trade with Guatemala in the exports of Plastics and Rubbers ($8.67M), Stone And Glass ($4.41M), and Vegetable Products ($2.57M).

During 2017, Guatemala had a large net trade with United Arab Emirates in the exports of Vegetable Products ($75.1M), Textiles ($1.34M), and Foodstuffs ($1.05M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Guatemala+$7.97MRefined Petroleum
Top Product Potential Guatemala United Arab Emirates+$2.25MCoffee

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

Product Space of United Arab Emirates (Flag) and Guatemala (Flag) (2022)

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