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2022
Flag → Flag
Exports $105MRnk 33 / 188
2022
Flag → Flag
Top Product $97.1MRefined Petroleum
2022
Flag → Flag
Exports $1.69MRnk 97 / 162
2022
Flag → Flag
Top Product $787kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
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GDP PC $28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186
2022
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GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Estonia-Guatemala Trade: In 2022, Estonia exported $105M to Guatemala. The main products that Estonia exported to Guatemala were Refined Petroleum ($97.1M), Acyclic Hydrocarbons ($4.04M), and Animal Food ($1.69M). Over the past 5 years the exports of Estonia to Guatemala have increased at an annualized rate of 93.8%, from $3.86M in 2017 to $105M in 2022.

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

Guatemala-Estonia Trade: In 2022, Guatemala exported $1.69M to Estonia. The main products that Guatemala exported to Estonia were Hard Liquor ($787k), Coffee ($495k), and Nutmeg, mace and cardamons ($279k). Over the past 5 years the exports of Guatemala to Estonia have decreased at an annualized rate of 1.5%,  from $1.82M in 2017 to $1.69M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $105M to Guatemala. The main products exported from Estonia to Guatemala were Refined Petroleum ($97.1M), Acyclic Hydrocarbons ($4.04M), and Animal Food ($1.69M). During the last 5 years the exports of Estonia to Guatemala have increased at an annualized rate of 93.8%, from $3.86M in 2017 to $105M in 2022.

In 2017, Guatemala exported $1.69M to Estonia. The main products exported from Guatemala to Estonia were Hard Liquor ($787k), Coffee ($495k), and Nutmeg, mace and cardamons ($279k). During the last 5 years the exports of Guatemala to Estonia have decreased at an annualized rate of 1.5%, from $1.82M in 2022 to $1.69M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Guatemala (Flag)

Estonia Exports

Guatemala Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$3B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Estonia than Guatemala included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

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

Comparative Advantage Estonia - Guatemala

Flow
Scale

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

During 2022, Estonia had a large net trade with Guatemala in the exports of Mineral Products ($98.3M), Chemical Products ($4.43M), and Foodstuffs ($1.75M).

During 2017, Guatemala had a large net trade with Estonia in the exports of Vegetable Products ($830k), Foodstuffs ($787k), and Textiles ($43.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and Guatemala. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Guatemala. Similarly, a dot/product with the flag of Guatemala indicates it has a comparative advantage over Estonia.

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

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