2022
Flag  
GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP
$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH
67.8%CURRENT US$
Rnk 31 / 186
2022
Flag
GDP PC 
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC
$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH
43.9%CURRENT US$
Rnk 43 / 186

About

Guatemala-Pakistan Trade: In 2022, Guatemala exported $17.7M to Pakistan. The main products that Guatemala exported to Pakistan were Nutmeg, mace and cardamons ($17.6M), Essential Oils ($79.9k), and Coffee ($32.6k). Over the past 5 years the exports of Guatemala to Pakistan have decreased at an annualized rate of 3.55%, from $21.2M in 2017 to $17.7M in 2022.

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

Pakistan-Guatemala Trade: In 2022, Pakistan exported $30.3M to Guatemala. The main products that Pakistan exported to Guatemala were Non-Retail Pure Cotton Yarn ($10.7M), Non-Retail Mixed Cotton Yarn ($5.05M), and Non-Retail Synthetic Filament Yarn ($2M). Over the past 5 years the exports of Pakistan to Guatemala have increased at an annualized rate of 32.1%,  from $7.52M in 2017 to $30.3M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $17.7M to Pakistan. The main products exported from Guatemala to Pakistan were Nutmeg, mace and cardamons ($17.6M), Essential Oils ($79.9k), and Coffee ($32.6k). During the last 5 years the exports of Guatemala to Pakistan have decreased at an annualized rate of 3.55%, from $21.2M in 2017 to $17.7M in 2022.

In 2017, Pakistan exported $30.3M to Guatemala. The main products exported from Pakistan to Guatemala were Non-Retail Pure Cotton Yarn ($10.7M), Non-Retail Mixed Cotton Yarn ($5.05M), and Non-Retail Synthetic Filament Yarn ($2M). During the last 5 years the exports of Pakistan to Guatemala have increased at an annualized rate of 32.1%, from $7.52M in 2022 to $30.3M in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Pakistan (Flag)

Guatemala Exports

Pakistan Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
Pakistan
Top Destination
United States$6.47B

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

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

In 2022, countries that imported more from Pakistan than Guatemala included Germany ($2.8B), United Arab Emirates ($2.58B), and China ($2.79B).

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

Comparative Advantage Guatemala - Pakistan

Flow
Scale

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

During 2022, Guatemala had a large net trade with Pakistan in the exports of Vegetable Products ($17.6M), Chemical Products ($82.6k), and Metals ($30k).

During 2017, Pakistan had a large net trade with Guatemala in the exports of Textiles ($26M), Chemical Products ($1.04M), and Instruments ($1.02M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Pakistan+$116kScrap Iron
Top Product Potential Pakistan Guatemala+$3.04MNon-Retail Pure Cotton Yarn

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

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

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