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Pricing

2022
Flag → Flag
Exports $1.59MRnk 98 / 162
2022
Flag → Flag
Top Product $1.37MNutmeg, mace and cardamons
2022
Flag → Flag
Exports $4.24MRnk 109 / 171
2022
Flag → Flag
Top Product $3.38MRaw Plastic Sheeting
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 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$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Guatemala-Oman Trade: In 2022, Guatemala exported $1.59M to Oman. The main products that Guatemala exported to Oman were Nutmeg, mace and cardamons ($1.37M), Prepared Cereals ($116k), and Coffee ($53.9k). Over the past 5 years the exports of Guatemala to Oman have increased at an annualized rate of 15.2%, from $784k in 2017 to $1.59M in 2022.

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

Oman-Guatemala Trade: In 2022, Oman exported $4.24M to Guatemala. The main products that Oman exported to Guatemala were Raw Plastic Sheeting ($3.38M), Ethylene Polymers ($456k), and Propylene Polymers ($348k). Over the past 5 years the exports of Oman to Guatemala have increased at an annualized rate of 23.7%,  from $1.46M in 2017 to $4.24M in 2022.

In 2022, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Latest Data

Trade between Guatemala (Flag) and Oman (Flag)

Guatemala Exports

Oman Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Oman
Top DestinationChina$30.4B

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

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

In 2022, countries that imported more from Oman than Guatemala included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Guatemala Oman+$178kCoffee
Top Product Potential Oman Guatemala+$772kEthylene Polymers

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

Product Space of Guatemala (Flag) and Oman (Flag) (NaN)

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