2023
Flag  
GDP
$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH
97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
 GDP
$654MCURRENT US$
Rnk 189 / 195
2013-2023
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 112 / 195
2023
Flag
GDP PC 
$5,763CURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 27 / 195
2023
Flag
GDP PC
$9,833CURRENT US$
Rnk 90 / 196
2013-2023
Flag
GDP PC GROWTH
37.6%CURRENT US$
Rnk 64 / 195

About

Guatemala-Dominica Trade: In 2023, Guatemala exported $194k to Dominica. The main products that Guatemala exported to Dominica were Razor Blades ($36.7k), Other Cloth Articles ($31.1k), and Unglazed Ceramics ($29.4k). Over the past 5 years the exports of Guatemala to Dominica have decreased at an annualized rate of 22%, from $671k in 2018 to $194k in 2023.

In 2023, Guatemala did not export any services to Dominica.

Dominica-Guatemala Trade: In 2023, Dominica exported $919 to Guatemala. The main products that Dominica exported to Guatemala were Trunks and Cases ($688) and Baked Goods ($231). Over the past 5 years the exports of Dominica to Guatemala have decreased at an annualized rate of 14.5%,  from $2.01k in 2018 to $919 in 2023.

In 2023, Dominica did not export any services to Guatemala.

Comparison In 2023,  Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21),  and 86 in total exports ($15.4B). That same year, Dominica ranked 205 in total exports ($47.6M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guatemala exported $194k to Dominica. The main products exported from Guatemala to Dominica were Razor Blades ($36.7k), Other Cloth Articles ($31.1k), and Unglazed Ceramics ($29.4k). During the last 5 years the exports of Guatemala to Dominica have decreased at an annualized rate of 22%, from $671k in 2018 to $194k in 2023.

In 2018, Dominica exported $919 to Guatemala. The main products exported from Dominica to Guatemala were Trunks and Cases ($688) and Baked Goods ($231). During the last 5 years the exports of Dominica to Guatemala have decreased at an annualized rate of 14.5%, from $2.01k in 2023 to $919 in 2018.

Exports from Guatemala (Flag) to Dominica (Flag) (2023)

Exports from Dominica (Flag) to Guatemala (Flag) (2023)

Latest Data

Trade between Guatemala (Flag) and Dominica (Flag)

Guatemala Exports

Dominica Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.16B
Dominica
Top Destination
Bahamas$6.11M

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

In 2023, countries that imported more from Guatemala than Dominica included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

In 2023, countries that imported more from Dominica than Guatemala included Iceland ($4.72M), Antigua and Barbuda ($3.42M), and Saint Lucia ($1.57M).

Difference in imports from Dominica (Flag) and Guatemala (Flag) (2023)

Comparative Advantage Guatemala - Dominica

Flow
Scale

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

During 2023, Guatemala had a large net trade with Dominica in the exports of Textiles ($51.7k), Metals ($42k), and Stone And Glass ($29.6k).

During 2018, Dominica had a large net trade with Guatemala in the exports of Animal Hides ($688) and Foodstuffs ($231).

Economic Complexity

Competitive Landscape

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

Product Space of Guatemala (Flag) and Dominica (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with