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Pricing

2022
Flag → Flag
Exports $41.3MRnk 32 / 162
2022
Flag → Flag
Top Product $12.2MCoffee
2022
Flag → Flag
Exports $122MRnk 117 / 219
2022
Flag → Flag
Top Product $11.2MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH3.7%CURRENT US$
Rnk 157 / 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$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186

About

Guatemala-France Trade: In 2022, Guatemala exported $41.3M to France. The main products that Guatemala exported to France were Coffee ($12.2M), Crustaceans ($3.37M), and Molasses ($3.05M). Over the past 5 years the exports of Guatemala to France have decreased at an annualized rate of 0.71%, from $42.8M in 2017 to $41.3M in 2022.

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

France-Guatemala Trade: In 2022, France exported $122M to Guatemala. The main products that France exported to Guatemala were Packaged Medicaments ($11.2M), Documents of title (bonds etc) and unused stamps ($9.85M), and Apples and Pears ($5.02M). Over the past 5 years the exports of France to Guatemala have increased at an annualized rate of 8.55%,  from $81.1M in 2017 to $122M in 2022.

In 2022, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $41.3M to France. The main products exported from Guatemala to France were Coffee ($12.2M), Crustaceans ($3.37M), and Molasses ($3.05M). During the last 5 years the exports of Guatemala to France have decreased at an annualized rate of 0.71%, from $42.8M in 2017 to $41.3M in 2022.

In 2017, France exported $122M to Guatemala. The main products exported from France to Guatemala were Packaged Medicaments ($11.2M), Documents of title (bonds etc) and unused stamps ($9.85M), and Apples and Pears ($5.02M). During the last 5 years the exports of France to Guatemala have increased at an annualized rate of 8.55%, from $81.1M in 2022 to $122M in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and France (Flag)

Guatemala Exports

France Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
France
Top DestinationGermany$78.3B

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

In 2022, countries that imported more from France than Guatemala included Germany ($78.3B), Italy ($56.4B), and Belgium ($47.8B).

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

Comparative Advantage Guatemala - France

Flow
Scale

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

During 2022, Guatemala had a large net trade with France in the exports of Vegetable Products ($20.3M), Foodstuffs ($8.02M), and Chemical Products ($5.11M).

During 2017, France had a large net trade with Guatemala in the exports of Chemical Products ($33.7M), Machines ($18.8M), and Paper Goods ($15.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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