2022
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GDP
$95BCURRENT US$
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2012-2022
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GDP GROWTH
91.6%CURRENT US$
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2022
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 GDP
$18TCURRENT US$
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2012-2022
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GDP GROWTH
111%CURRENT US$
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2022
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GDP PC 
$5,473CURRENT US$
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2012-2022
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GDP PC GROWTH
63.1%CURRENT US$
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2022
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GDP PC
$12,720CURRENT US$
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GDP PC GROWTH
102%CURRENT US$
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About

Guatemala-China In 2022, Guatemala exported $434M to China. The main products that Guatemala exported to China are Ferroalloys ($261M), Raw Sugar ($65.9M), and Nickel Ore ($41.8M). During the last 27 years the exports of Guatemala to China have increased at an annualized rate of 9.88%, from $34.1M in 1995 to $434M in 2022.

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

China-Guatemala In 2022, China exported $5.47B to Guatemala. The main products that China exported to Guatemala were Video Displays ($390M), Computers ($166M), and Motorcycles and cycles ($164M). During the last 27 years the exports of China to Guatemala have increased at an annualized rate of 19.9%, from $41.1M in 1995 to $5.47B in 2022.

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

Comparison In 2022,  Guatemala ranked 73 in the Economic Complexity Index (ECI -0.24), and 84 in total exports ($16.4B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $434M to China. The main products exported from Guatemala to China were Ferroalloys ($261M), Raw Sugar ($65.9M), and Nickel Ore ($41.8M). During the last 27 years the exports of Guatemala to China have increased at an annualized rate of 9.88%, from $34.1M in 1995 to $434M in 2022.

In 2022, China exported $5.47B to Guatemala. The main products exported from China to Guatemala were Video Displays ($390M), Computers ($166M), and Motorcycles and cycles ($164M). During the last 27 years the exports of China to Guatemala have increased at an annualized rate of 19.9%, from $41.1M in 1995 to $5.47B in 2022.

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

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

Latest Data

Trade between Guatemala (Flag) and China (Flag)

Guatemala Exports

China Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
China
Top Destination
United States$551B

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

In 2021, countries that imported more from Guatemala than China were Honduras ($1.58B).

In 2021, countries that imported more from China than Guatemala were United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Guatemala - China

Flow
Scale

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

During 2022, Guatemala had a large net trade with China in the exports of Metals ($266M), Foodstuffs ($66.3M), and Vegetable Products ($46.6M).

During 2022, China had a large net trade with Guatemala in the exports of Machines ($1.58B), Metals ($892M), and Textiles ($582M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Guatemala has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Guatemala.

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

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