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Pricing

2022
Flag → Flag
Exports $1.54MRnk 99 / 162
2022
Flag → Flag
Top Product $1.1MRaw Sugar
2022
Flag → Flag
Exports $869kRnk 118 / 182
2022
Flag → Flag
Top Product $487kHandguns
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 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$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Guatemala-Croatia Trade: In 2022, Guatemala exported $1.54M to Croatia. The main products that Guatemala exported to Croatia were Raw Sugar ($1.1M), Raw Tobacco ($393k), and Bananas ($30.2k). Over the past 5 years the exports of Guatemala to Croatia have increased at an annualized rate of 58.3%, from $155k in 2017 to $1.54M in 2022.

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

Croatia-Guatemala Trade: In 2022, Croatia exported $869k to Guatemala. The main products that Croatia exported to Guatemala were Handguns ($487k), Nucleic Acids ($161k), and Electrical Control Boards ($58.9k). Over the past 5 years the exports of Croatia to Guatemala have increased at an annualized rate of 13.1%,  from $288k in 2017 to $869k in 2022.

In 2022, Croatia 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $1.54M to Croatia. The main products exported from Guatemala to Croatia were Raw Sugar ($1.1M), Raw Tobacco ($393k), and Bananas ($30.2k). During the last 5 years the exports of Guatemala to Croatia have increased at an annualized rate of 58.3%, from $155k in 2017 to $1.54M in 2022.

In 2017, Croatia exported $869k to Guatemala. The main products exported from Croatia to Guatemala were Handguns ($487k), Nucleic Acids ($161k), and Electrical Control Boards ($58.9k). During the last 5 years the exports of Croatia to Guatemala have increased at an annualized rate of 13.1%, from $288k in 2022 to $869k in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Croatia (Flag)

Guatemala Exports

Croatia Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Guatemala than Croatia included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

In 2022, countries that imported more from Croatia than Guatemala included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

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

Comparative Advantage Guatemala - Croatia

Flow
Scale

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

During 2022, Guatemala had a large net trade with Croatia in the exports of Foodstuffs ($1.49M), Vegetable Products ($45.5k), and Textiles ($380).

During 2017, Croatia had a large net trade with Guatemala in the exports of Weapons ($505k), Chemical Products ($161k), and Machines ($120k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Croatia+$1.01MRaw Sugar
Top Product Potential Croatia Guatemala+$82.2kElectrical Control Boards

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

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

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