2022
Flag  
GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 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 
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 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

France-Guatemala Trade: In 2022, France exported $122M to Guatemala. The main products that France exported to Guatemala were Packaged Medicaments ($11.2M), Documents of title (bonds etc) and unused stamps ($9.85M), and Apples and Pears ($5.02M). Over the past 5 years the exports of France to Guatemala have increased at an annualized rate of 8.55%, from $81.1M in 2017 to $122M in 2022.

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

Guatemala-France Trade: In 2022, Guatemala exported $41.3M to France. The main products that Guatemala exported to France were Coffee ($12.2M), Crustaceans ($3.37M), and Molasses ($3.05M). Over the past 5 years the exports of Guatemala to France have decreased at an annualized rate of 0.71%,  from $42.8M in 2017 to $41.3M in 2022.

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

Comparison: In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). 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, France exported $122M to Guatemala. The main products exported from France to Guatemala were Packaged Medicaments ($11.2M), Documents of title (bonds etc) and unused stamps ($9.85M), and Apples and Pears ($5.02M). During the last 5 years the exports of France to Guatemala have increased at an annualized rate of 8.55%, from $81.1M in 2017 to $122M in 2022.

In 2017, Guatemala exported $41.3M to France. The main products exported from Guatemala to France were Coffee ($12.2M), Crustaceans ($3.37M), and Molasses ($3.05M). During the last 5 years the exports of Guatemala to France have decreased at an annualized rate of 0.71%, from $42.8M in 2022 to $41.3M in 2017.

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

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

Latest Data

Trade between France (Flag) and Guatemala (Flag)

France Exports

Guatemala Exports

Market Competitiveness

Color
France
Top Destination
Germany$78.3B
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from France than Guatemala included Germany ($78.3B), Italy ($56.4B), and Belgium ($47.8B).

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

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

Comparative Advantage France - Guatemala

Flow
Scale

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

During 2022, France had a large net trade with Guatemala in the exports of Chemical Products ($33.7M), Machines ($18.8M), and Paper Goods ($15.8M).

During 2017, Guatemala had a large net trade with France in the exports of Vegetable Products ($20.3M), Foodstuffs ($8.02M), and Chemical Products ($5.11M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Guatemala+$10.5MPackaged Medicaments
Top Product Potential Guatemala France+$14.8MCoffee

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

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

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