Guatemala (GTM) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Guatemala-Czechia Trade: In 2022, Guatemala exported $5.25M to Czechia. The main products that Guatemala exported to Czechia were Hard Liquor ($2.35M), Nutmeg, mace and cardamons ($448k), and Bananas ($445k). Over the past 5 years the exports of Guatemala to Czechia have decreased at an annualized rate of 7.69%, from $7.83M in 2017 to $5.25M in 2022.

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

Czechia-Guatemala Trade: In 2022, Czechia exported $22.6M to Guatemala. The main products that Czechia exported to Guatemala were Plastic Pipes ($4.52M), Spring, Air, and Gas Guns ($1.72M), and Handguns ($1.31M). Over the past 5 years the exports of Czechia to Guatemala have increased at an annualized rate of 25.2%, from $7.34M in 2017 to $22.6M in 2022.

In 2022, Czechia 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guatemala exported $5.25M to Czechia. The main products exported from Guatemala to Czechia were Hard Liquor ($2.35M), Nutmeg, mace and cardamons ($448k), and Bananas ($445k). During the last 5 years the exports of Guatemala to Czechia have decreased at an annualized rate of 7.69%, from $7.83M in 2017 to $5.25M in 2022.

In 2017, Czechia exported $22.6M to Guatemala. The main products exported from Czechia to Guatemala were Plastic Pipes ($4.52M), Spring, Air, and Gas Guns ($1.72M), and Handguns ($1.31M). During the last 5 years the exports of Czechia to Guatemala have increased at an annualized rate of 25.2%, from $7.34M in 2022 to $22.6M in 2017.

Exports from Guatemala () to Czechia () (2022)

Exports from Czechia () to Guatemala () (2022)

Latest Data

Trade between Guatemala () and Czechia ()

Guatemala Exports

Date

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guatemala
Top DestinationUnited States$5.23B

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Guatemala than Czechia included El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

In 2022, countries that imported more from Czechia than Guatemala included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Guatemala - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guatemala had a large net trade with Czechia in the exports of Foodstuffs ($2.6M), Vegetable Products ($1.54M), and Textiles ($1.08M).

During 2017, Czechia had a large net trade with Guatemala in the exports of Machines ($7.09M), Plastics and Rubbers ($4.77M), and Weapons ($3.89M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guatemala Czechia+$964kBananas

Top Product Potential Czechia Guatemala+$2.4MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Guatemala () to Czechia () (2022)

Exports from Czechia () to Guatemala () (2022)

Latest Data

Trade between Guatemala () and Czechia ()

Guatemala Exports

Czechia Exports

Market Competitiveness

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

Comparative Advantage Guatemala - Czechia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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