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2020
Flag → Flag
Exports $91Rnk 30 / 0
2020
Flag → Flag
Exports $20.3BRnk 103 / 139
2020
Flag → Flag
Top Product $82kThermostats
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 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$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186

About

Guatemala-Malawi Trade: In 2020, Guatemala exported $91 to Malawi. The main products that Guatemala exported to Malawi were N/A. Over the past 18 years the exports of Guatemala to Malawi have decreased at an annualized rate of 30.9%, from $71k in 2002 to $91 in 2020.

In 2020, Guatemala did not export any services to Malawi.

Malawi-Guatemala In N/A, Malawi did not export any products to Guatemala.

In 2020, Malawi 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, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Guatemala exported $91 to Malawi. There were not main exports from Guatemala to Malawi in 2020. During the last 18 years the exports of Guatemala to Malawi have decreased at an annualized rate of 30.9%, from $71k in 2002 to $91 in 2020.

Malawi does not register exports to Guatemala. The main products exported from Malawi to Guatemala were Thermostats ($82k), Coated Flat-Rolled Iron ($20k), and Decals ($3.3k).

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

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

Latest Data

Trade between Guatemala (Flag) and Malawi (Flag)

Guatemala Exports

Date

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Malawi
Top DestinationUnited Arab Emirates$255M

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

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

In 2022, countries that imported more from Malawi than Guatemala included United Arab Emirates ($255M), Tanzania ($72.8M), and Kenya ($58.8M).

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

Comparative Advantage Guatemala - Malawi

Flow
Scale

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

During 2020, Guatemala had a large net trade with Malawi in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Malawi+$1.95kPackaged Medicaments
Top Product Potential Malawi Guatemala+$6.69kCoated Flat-Rolled Iron

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

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

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