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Pricing

2022
Flag → Flag
Exports $382kRnk 120 / 162
2022
Flag → Flag
Top Product $203kCoffee
2022
Flag → Flag
Exports $447kRnk 101 / 162
2022
Flag → Flag
Top Product $208kExplosive Ammunition
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC $5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Guatemala-Bosnia and Herzegovina Trade: In 2022, Guatemala exported $382k to Bosnia and Herzegovina. The main products that Guatemala exported to Bosnia and Herzegovina were Coffee ($203k), Bananas ($141k), and Hard Liquor ($19.2k). Over the past 5 years the exports of Guatemala to Bosnia and Herzegovina have decreased at an annualized rate of 27.8%, from $1.95M in 2017 to $382k in 2022.

In 2022, Guatemala did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Guatemala Trade: In 2022, Bosnia and Herzegovina exported $447k to Guatemala. The main products that Bosnia and Herzegovina exported to Guatemala were Explosive Ammunition ($208k), Centrifuges ($46.5k), and Kraft Paper ($31.1k). Over the past 5 years the exports of Bosnia and Herzegovina to Guatemala have increased at an annualized rate of 43%,  from $74.8k in 2017 to $447k in 2022.

In 2022, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $382k to Bosnia and Herzegovina. The main products exported from Guatemala to Bosnia and Herzegovina were Coffee ($203k), Bananas ($141k), and Hard Liquor ($19.2k). During the last 5 years the exports of Guatemala to Bosnia and Herzegovina have decreased at an annualized rate of 27.8%, from $1.95M in 2017 to $382k in 2022.

In 2017, Bosnia and Herzegovina exported $447k to Guatemala. The main products exported from Bosnia and Herzegovina to Guatemala were Explosive Ammunition ($208k), Centrifuges ($46.5k), and Kraft Paper ($31.1k). During the last 5 years the exports of Bosnia and Herzegovina to Guatemala have increased at an annualized rate of 43%, from $74.8k in 2022 to $447k in 2017.

Exports from Guatemala (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Guatemala (Flag) (2022)

Latest Data

Trade between Guatemala (Flag) and Bosnia and Herzegovina (Flag)

Guatemala Exports

Date

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

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

In 2022, countries that imported more from Bosnia and Herzegovina than Guatemala included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

Difference in imports from Bosnia and Herzegovina (Flag) and Guatemala (Flag) (2022)

Comparative Advantage Guatemala - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Guatemala had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($359k), Foodstuffs ($19.3k), and Textiles ($4.16k).

During 2017, Bosnia and Herzegovina had a large net trade with Guatemala in the exports of Weapons ($208k), Machines ($90.3k), and Textiles ($33.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Bosnia and Herzegovina+$469kBananas
Top Product Potential Bosnia and Herzegovina Guatemala+$104kKraft Paper

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

Product Space of Guatemala (Flag) and Bosnia and Herzegovina (Flag) (2022)

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