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2023
Flag → Flag
Exports $693kRnk 100 / 170
2023
Flag → Flag
Top Product $319kHard Liquor
2023
Flag → Flag
Exports $9.54kRnk 130 / 144
2023
Flag → Flag
Top Product $8.52kChemical Analysis Instruments
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.18Rnk 71 / 132
2023
Flag  
GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
 GDP$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC $5,763CURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195
2023
Flag
GDP PC$12,919CURRENT US$
Rnk 79 / 196
2013-2023
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GDP PC GROWTH-4.15%CURRENT US$
Rnk 158 / 195

About

Guatemala-Kazakhstan Trade: In 2023, Guatemala exported $693k to Kazakhstan. The main products that Guatemala exported to Kazakhstan were Hard Liquor ($319k), Sowing Seeds ($240k), and Coffee ($85.3k). Over the past 5 years the exports of Guatemala to Kazakhstan have increased at an annualized rate of 49.1%, from $94k in 2018 to $693k in 2023.

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

Kazakhstan-Guatemala Trade: In 2023, Kazakhstan exported $9.54k to Guatemala. The main products that Kazakhstan exported to Guatemala were Chemical Analysis Instruments ($8.52k) and Industrial Fatty Acids, Oils and Alcohols ($1.02k). Over the past 5 years the exports of Kazakhstan to Guatemala have decreased at an annualized rate of 45.3%,  from $196k in 2018 to $9.54k in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guatemala exported $693k to Kazakhstan. The main products exported from Guatemala to Kazakhstan were Hard Liquor ($319k), Sowing Seeds ($240k), and Coffee ($85.3k). During the last 5 years the exports of Guatemala to Kazakhstan have increased at an annualized rate of 49.1%, from $94k in 2018 to $693k in 2023.

In 2018, Kazakhstan exported $9.54k to Guatemala. The main products exported from Kazakhstan to Guatemala were Chemical Analysis Instruments ($8.52k) and Industrial Fatty Acids, Oils and Alcohols ($1.02k). During the last 5 years the exports of Kazakhstan to Guatemala have decreased at an annualized rate of 45.3%, from $196k in 2023 to $9.54k in 2018.

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

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

Latest Data

Trade between Guatemala (Flag) and Kazakhstan (Flag)

Guatemala Exports

Kazakhstan Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.16B
Kazakhstan
Top DestinationChina$15.2B

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

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

In 2023, countries that imported more from Kazakhstan than Guatemala included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

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

Comparative Advantage Guatemala - Kazakhstan

Flow
Scale

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

During 2023, Guatemala had a large net trade with Kazakhstan in the exports of Vegetable Products ($350k), Foodstuffs ($319k), and Textiles ($24.7k).

During 2018, Kazakhstan had a large net trade with Guatemala in the exports of Instruments ($8.52k) and Chemical Products ($1.02k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Kazakhstan+$166kHard Liquor
Top Product Potential Kazakhstan Guatemala+$5.41kRefined Petroleum

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

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

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