Guatemala (GTM) and France (FRA) Trade | The Observatory of Economic Complexity

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Guatemala-France Trade: In 2023, Guatemala exported $45.1M to France. The main products that Guatemala exported to France were Coffee ($13.2M), Other Nuts ($4.88M), and Bananas ($4.14M). Over the past 5 years the exports of Guatemala to France have decreased at an annualized rate of 2.5%, from $51.2M in 2018 to $45.1M in 2023.

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

France-Guatemala Trade: In 2023, France exported $172M to Guatemala. The main products that France exported to Guatemala were Packaged Medicaments ($42.2M), Beauty Products ($9.88M), and Refined Petroleum ($8.65M). Over the past 5 years the exports of France to Guatemala have increased at an annualized rate of 14.2%, from $88.5M in 2018 to $172M in 2023.

In 2023, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guatemala exported $45.1M to France. The main products exported from Guatemala to France were Coffee ($13.2M), Other Nuts ($4.88M), and Bananas ($4.14M). During the last 5 years the exports of Guatemala to France have decreased at an annualized rate of 2.5%, from $51.2M in 2018 to $45.1M in 2023.

In 2018, France exported $172M to Guatemala. The main products exported from France to Guatemala were Packaged Medicaments ($42.2M), Beauty Products ($9.88M), and Refined Petroleum ($8.65M). During the last 5 years the exports of France to Guatemala have increased at an annualized rate of 14.2%, from $88.5M in 2023 to $172M in 2018.

Exports from Guatemala () to France () (2023)

Exports from France () to Guatemala () (2023)

Latest Data

Trade between Guatemala () and France ()

Guatemala Exports

Date

France Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guatemala
Top DestinationUnited States$5.16B

France
Top DestinationGermany$72.8B

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

In 2023, countries that imported more from Guatemala than France included El Salvador ($1.73B), Honduras ($1.42B), and Nicaragua ($939M).

In 2023, countries that imported more from France than Guatemala included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

Difference in imports from France () and Guatemala () (2023)

Comparative Advantage Guatemala - France

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Guatemala had a large net trade with France in the exports of Vegetable Products ($25.4M), Foodstuffs ($8.55M), and Textiles ($4.71M).

During 2018, France had a large net trade with Guatemala in the exports of Chemical Products ($74.5M), Machines ($27.6M), and Transportation ($12.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guatemala France+$14.8MCoffee

Top Product Potential France Guatemala+$10.5MPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Guatemala () to France () (2023)

Exports from France () to Guatemala () (2023)

Latest Data

Trade between Guatemala () and France ()

Guatemala Exports

France Exports

Market Competitiveness

Difference in imports from France () and Guatemala () (2023)

Comparative Advantage Guatemala - France

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guatemala () and France () (2023)

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