Guatemala (GTM) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Guatemala-Angola Trade: In 2022, Guatemala exported $132k to Angola. The main products that Guatemala exported to Angola were Plastic Lids ($90.5k), Non-Knit Active Wear ($28.2k), and Pesticides ($13.7k). Over the past 5 years the exports of Guatemala to Angola have increased at an annualized rate of 42.6%, from $22.4k in 2017 to $132k in 2022.

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

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

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

Comparison: In 2022, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guatemala exported $132k to Angola. The main products exported from Guatemala to Angola were Plastic Lids ($90.5k), Non-Knit Active Wear ($28.2k), and Pesticides ($13.7k). During the last 5 years the exports of Guatemala to Angola have increased at an annualized rate of 42.6%, from $22.4k in 2017 to $132k in 2022.

Angola does not register exports to Guatemala. The main products exported from Angola to Guatemala were Motor vehicles; parts and accessories (8701 to 8705) ($1.99k) and Ball Bearings ($109).

Exports from Guatemala () to Angola () (2022)

Exports from Angola () to Guatemala () (2022)

Latest Data

Trade between Guatemala () and Angola ()

Guatemala Exports

Date

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guatemala
Top DestinationUnited States$5.23B

Angola
Top DestinationChina$21.8B

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

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

In 2022, countries that imported more from Angola than Guatemala included China ($21.8B), India ($4.81B), and France ($3.8B).

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

Comparative Advantage Guatemala - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guatemala had a large net trade with Angola in the exports of Plastics and Rubbers ($90.5k), Textiles ($28.2k), and Chemical Products ($13.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guatemala Angola+$110kPlastic Lids

Top Product Potential Angola Guatemala+$6.07kMotor vehicles; parts and accessories (8701 to 8705)

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

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Historical Data

Bilateral Trade by Products

Exports from Guatemala () to Angola () (2022)

Exports from Angola () to Guatemala () (2022)

Latest Data

Trade between Guatemala () and Angola ()

Guatemala Exports

Angola Exports

Market Competitiveness

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

Comparative Advantage Guatemala - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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