2022
Flag  
GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 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 
$1,588CURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP PC GROWTH
10.8%CURRENT US$
Rnk 113 / 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

Cameroon-Guatemala Trade: In 2022, Cameroon exported $63.8k to Guatemala. The main products that Cameroon exported to Guatemala were Palm Oil ($49.3k), Valves ($3.16k), and Metal Mountings ($2.35k). Over the past 8 years the exports of Cameroon to Guatemala have increased at an annualized rate of 25.7%, from $10.2k in 2014 to $63.8k in 2022.

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

Guatemala-Cameroon Trade: In 2022, Guatemala exported $586k to Cameroon. The main products that Guatemala exported to Cameroon were Pesticides ($280k), Mixed Mineral or Chemical Fertilizers ($191k), and Raw Sugar ($115k). Over the past 8 years the exports of Guatemala to Cameroon have decreased at an annualized rate of 43.5%,  from $10.2M in 2014 to $586k in 2022.

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

Comparison: In 2022,  Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B). 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, Cameroon exported $63.8k to Guatemala. The main products exported from Cameroon to Guatemala were Palm Oil ($49.3k), Valves ($3.16k), and Metal Mountings ($2.35k). During the last 8 years the exports of Cameroon to Guatemala have increased at an annualized rate of 25.7%, from $10.2k in 2014 to $63.8k in 2022.

In 2017, Guatemala exported $586k to Cameroon. The main products exported from Guatemala to Cameroon were Pesticides ($280k), Mixed Mineral or Chemical Fertilizers ($191k), and Raw Sugar ($115k). During the last 5 years the exports of Guatemala to Cameroon have decreased at an annualized rate of 43.5%, from $10.2M in 2022 to $586k in 2017.

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

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

Latest Data

Trade between Cameroon (Flag) and Guatemala (Flag)

Guatemala Exports

Market Competitiveness

Color
Cameroon
Top Destination
Netherlands$1.31B
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from Cameroon than Guatemala included France ($1.02B), India ($974M), and Netherlands ($1.31B).

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

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

Comparative Advantage Cameroon - Guatemala

Flow
Scale

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

During 2022, Cameroon had a large net trade with Guatemala in the exports of Animal and Vegetable Bi-Products ($49.3k), Textiles ($4.2k), and Machines ($3.56k).

During 2017, Guatemala had a large net trade with Cameroon in the exports of Chemical Products ($471k) and Foodstuffs ($115k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cameroon Guatemala+$23kPalm Oil
Top Product Potential Guatemala Cameroon+$399kPesticides

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

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

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