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Pricing

2022
Flag → Flag
Exports $789kRnk 111 / 162
2022
Flag → Flag
Top Product $253kRaw Tobacco
2022
Flag → Flag
Exports $196MRnk 74 / 216
2022
Flag → Flag
Top Product $39.7MSemi-Finished Iron
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 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$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Guatemala-Indonesia Trade: In 2022, Guatemala exported $789k to Indonesia. The main products that Guatemala exported to Indonesia were Raw Tobacco ($253k), Nutmeg, mace and cardamons ($168k), and Light Rubberized Knitted Fabric ($125k). Over the past 5 years the exports of Guatemala to Indonesia have decreased at an annualized rate of 53.5%, from $36.5M in 2017 to $789k in 2022.

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

Indonesia-Guatemala Trade: In 2022, Indonesia exported $196M to Guatemala. The main products that Indonesia exported to Guatemala were Semi-Finished Iron ($39.7M), Cars ($23.2M), and Iron Ingots ($18M). Over the past 5 years the exports of Indonesia to Guatemala have increased at an annualized rate of 24.1%,  from $53.4M in 2017 to $196M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $789k to Indonesia. The main products exported from Guatemala to Indonesia were Raw Tobacco ($253k), Nutmeg, mace and cardamons ($168k), and Light Rubberized Knitted Fabric ($125k). During the last 5 years the exports of Guatemala to Indonesia have decreased at an annualized rate of 53.5%, from $36.5M in 2017 to $789k in 2022.

In 2017, Indonesia exported $196M to Guatemala. The main products exported from Indonesia to Guatemala were Semi-Finished Iron ($39.7M), Cars ($23.2M), and Iron Ingots ($18M). During the last 5 years the exports of Indonesia to Guatemala have increased at an annualized rate of 24.1%, from $53.4M in 2022 to $196M in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Indonesia (Flag)

Guatemala Exports

Indonesia Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Indonesia
Top DestinationChina$67.7B

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

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

In 2022, countries that imported more from Indonesia than Guatemala included China ($67.7B), Japan ($26.6B), and United States ($31.6B).

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

Comparative Advantage Guatemala - Indonesia

Flow
Scale

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

During 2022, Guatemala had a large net trade with Indonesia in the exports of Foodstuffs ($253k), Vegetable Products ($199k), and Textiles ($178k).

During 2017, Indonesia had a large net trade with Guatemala in the exports of Metals ($58M), Transportation ($29.6M), and Paper Goods ($27.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Indonesia+$556kRaw Tobacco
Top Product Potential Indonesia Guatemala+$12.3MCars

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

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

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