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2022
Flag → Flag
Exports $658MRnk 6 / 162
2022
Flag → Flag
Top Product $356MPalm Oil
2022
Flag → Flag
Exports $161MRnk 106 / 224
2022
Flag → Flag
Top Product $14.2MOther Edible Preparations
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 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$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Guatemala-Netherlands Trade: In 2022, Guatemala exported $658M to Netherlands. The main products that Guatemala exported to Netherlands were Palm Oil ($356M), Alcohol > 80% ABV ($91.2M), and Ferroalloys ($39.6M). Over the past 5 years the exports of Guatemala to Netherlands have increased at an annualized rate of 11.8%, from $376M in 2017 to $658M in 2022.

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

Netherlands-Guatemala Trade: In 2022, Netherlands exported $161M to Guatemala. The main products that Netherlands exported to Guatemala were Other Edible Preparations ($14.2M), Nitrogenous Fertilizers ($13.8M), and Malt Extract ($11.7M). Over the past 5 years the exports of Netherlands to Guatemala have increased at an annualized rate of 10.4%,  from $98.1M in 2017 to $161M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $658M to Netherlands. The main products exported from Guatemala to Netherlands were Palm Oil ($356M), Alcohol > 80% ABV ($91.2M), and Ferroalloys ($39.6M). During the last 5 years the exports of Guatemala to Netherlands have increased at an annualized rate of 11.8%, from $376M in 2017 to $658M in 2022.

In 2017, Netherlands exported $161M to Guatemala. The main products exported from Netherlands to Guatemala were Other Edible Preparations ($14.2M), Nitrogenous Fertilizers ($13.8M), and Malt Extract ($11.7M). During the last 5 years the exports of Netherlands to Guatemala have increased at an annualized rate of 10.4%, from $98.1M in 2022 to $161M in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Netherlands (Flag)

Guatemala Exports

Netherlands Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Netherlands
Top DestinationGermany$131B

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

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

In 2022, countries that imported more from Netherlands than Guatemala included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Guatemala - Netherlands

Flow
Scale

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

During 2022, Guatemala had a large net trade with Netherlands in the exports of Animal and Vegetable Bi-Products ($399M), Foodstuffs ($106M), and Vegetable Products ($84.2M).

During 2017, Netherlands had a large net trade with Guatemala in the exports of Foodstuffs ($42.1M), Chemical Products ($35.9M), and Vegetable Products ($20.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Netherlands+$11MCoffee
Top Product Potential Netherlands Guatemala+$19.2MRefined 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 Netherlands. This means that a dot/product with the flag of Guatemala indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Guatemala.

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

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