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Pricing

2022
Flag → Flag
Exports $3.49MRnk 88 / 162
2022
Flag → Flag
Top Product $2.09MMixed Mineral or Chemical Fertilizers
2022
Flag → Flag
Exports $20.5MRnk 74 / 205
2022
Flag → Flag
Top Product $9.69MOffice Machine Parts
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Guatemala-Philippines Trade: In 2022, Guatemala exported $3.49M to Philippines. The main products that Guatemala exported to Philippines were Mixed Mineral or Chemical Fertilizers ($2.09M), Pesticides ($420k), and Confectionery Sugar ($404k). Over the past 5 years the exports of Guatemala to Philippines have increased at an annualized rate of 13.7%, from $1.84M in 2017 to $3.49M in 2022.

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

Philippines-Guatemala Trade: In 2022, Philippines exported $20.5M to Guatemala. The main products that Philippines exported to Guatemala were Office Machine Parts ($9.69M), Electrical Transformers ($2.29M), and Ink ($1.91M). Over the past 5 years the exports of Philippines to Guatemala have increased at an annualized rate of 49.2%,  from $2.77M in 2017 to $20.5M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $3.49M to Philippines. The main products exported from Guatemala to Philippines were Mixed Mineral or Chemical Fertilizers ($2.09M), Pesticides ($420k), and Confectionery Sugar ($404k). During the last 5 years the exports of Guatemala to Philippines have increased at an annualized rate of 13.7%, from $1.84M in 2017 to $3.49M in 2022.

In 2017, Philippines exported $20.5M to Guatemala. The main products exported from Philippines to Guatemala were Office Machine Parts ($9.69M), Electrical Transformers ($2.29M), and Ink ($1.91M). During the last 5 years the exports of Philippines to Guatemala have increased at an annualized rate of 49.2%, from $2.77M in 2022 to $20.5M in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Philippines (Flag)

Guatemala Exports

Philippines Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Philippines
Top DestinationUnited States$15.5B

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

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

In 2022, countries that imported more from Philippines than Guatemala included China ($15.3B), Hong Kong ($12.6B), and Japan ($11.3B).

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

Comparative Advantage Guatemala - Philippines

Flow
Scale

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

During 2022, Guatemala had a large net trade with Philippines in the exports of Chemical Products ($2.51M), Foodstuffs ($426k), and Textiles ($176k).

During 2017, Philippines had a large net trade with Guatemala in the exports of Machines ($13.4M), Chemical Products ($2.12M), and Plastics and Rubbers ($944k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Philippines+$910kPesticides
Top Product Potential Philippines Guatemala+$2.75MIndustrial Printers

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

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

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