Greece (GRC) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

About

Greece-Guatemala Trade: In 2022, Greece exported $20.5M to Guatemala. The main products that Greece exported to Guatemala were Jams ($5.92M), Other Processed Fruits and Nuts ($4.36M), and Razor Blades ($3.21M). Over the past 5 years the exports of Greece to Guatemala have increased at an annualized rate of 47.8%, from $2.91M in 2017 to $20.5M in 2022.

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

Guatemala-Greece Trade: In 2022, Guatemala exported $15M to Greece. The main products that Guatemala exported to Greece were Raw Sugar ($5.57M), Coffee ($4.28M), and Bananas ($2.88M). Over the past 5 years the exports of Guatemala to Greece have increased at an annualized rate of 0.8%, from $14.5M in 2017 to $15M in 2022.

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

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $20.5M to Guatemala. The main products exported from Greece to Guatemala were Jams ($5.92M), Other Processed Fruits and Nuts ($4.36M), and Razor Blades ($3.21M). During the last 5 years the exports of Greece to Guatemala have increased at an annualized rate of 47.8%, from $2.91M in 2017 to $20.5M in 2022.

In 2017, Guatemala exported $15M to Greece. The main products exported from Guatemala to Greece were Raw Sugar ($5.57M), Coffee ($4.28M), and Bananas ($2.88M). During the last 5 years the exports of Guatemala to Greece have increased at an annualized rate of 0.8%, from $14.5M in 2022 to $15M in 2017.

Exports from Greece () to Guatemala () (2022)

Exports from Guatemala () to Greece () (2022)

Latest Data

Trade between Greece () and Guatemala ()

Greece Exports

Date

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Greece than Guatemala included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Difference in imports from Guatemala () and Greece () (2022)

Comparative Advantage Greece - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Guatemala in the exports of Foodstuffs ($11M), Metals ($3.27M), and Paper Goods ($2.09M).

During 2017, Guatemala had a large net trade with Greece in the exports of Vegetable Products ($7.42M), Foodstuffs ($6.21M), and Mineral Products ($1.16M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Guatemala+$1.49MPackaged Medicaments

Top Product Potential Guatemala Greece+$3.57MCoffee

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Guatemala () (2022)

Exports from Guatemala () to Greece () (2022)

Latest Data

Trade between Greece () and Guatemala ()

Greece Exports

Guatemala Exports

Market Competitiveness

Difference in imports from Guatemala () and Greece () (2022)

Comparative Advantage Greece - Guatemala

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Greece () and Guatemala () (2022)

Keep Exploring