Gambia (GMB) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Gambia-Guatemala Trade: In 2023, Gambia exported $1.39k to Guatemala. The main products that Gambia exported to Guatemala were Centrifuges ($1.06k), Iron Pipe Fittings ($204), and Other Iron Products ($113). Over the past 22 years the exports of Gambia to Guatemala have decreased at an annualized rate of 0.55%, from $1.57k in 2001 to $1.39k in 2023.

In 2023, Gambia did not export any services to Guatemala.

Guatemala-Gambia In N/A, Guatemala did not export any products to Gambia.

In 2023, Guatemala did not export any services to Gambia.

Comparison In 2023, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index. That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gambia exported $1.39k to Guatemala. The main products exported from Gambia to Guatemala were Centrifuges ($1.06k), Iron Pipe Fittings ($204), and Other Iron Products ($113). During the last 22 years the exports of Gambia to Guatemala have decreased at an annualized rate of 0.55%, from $1.57k in 2001 to $1.39k in 2023.

Guatemala does not register exports to Gambia.

Exports from Gambia () to Guatemala () (2023)

Exports from Guatemala () to Gambia () (2023)

Latest Data

Trade between Gambia () and Guatemala ()

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Gambia than Guatemala included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and India ($42.5M).

In 2023, countries that imported more from Guatemala than Gambia included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

Difference in imports from Guatemala () and Gambia () (2023)

Comparative Advantage Gambia - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gambia had a large net trade with Guatemala in the exports of Machines ($1.06k) and Metals ($331).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Guatemala+$1.55kRefined Petroleum

Top Product Potential Guatemala Gambia+$1.93kRaw Sugar

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Guatemala () (2023)

Exports from Guatemala () to Gambia () (2023)

Latest Data

Trade between Gambia () and Guatemala ()

Guatemala Exports

Market Competitiveness

Difference in imports from Guatemala () and Gambia () (2023)

Comparative Advantage Gambia - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gambia () and Guatemala () (2023)

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