2022
Flag  
GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 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
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186

About

Guatemala-Poland Trade: In 2022, Guatemala exported $32.5M to Poland. The main products that Guatemala exported to Poland were Bananas ($12.2M), Raw Tobacco ($7.97M), and Other Processed Fruits and Nuts ($4.41M). Over the past 5 years the exports of Guatemala to Poland have increased at an annualized rate of 13.5%, from $17.2M in 2017 to $32.5M in 2022.

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

Poland-Guatemala Trade: In 2022, Poland exported $31.1M to Guatemala. The main products that Poland exported to Guatemala were Other Uncoated Paper ($7.11M), Malt ($1.8M), and Packaged Medicaments ($1.76M). Over the past 5 years the exports of Poland to Guatemala have increased at an annualized rate of 11.7%,  from $17.9M in 2017 to $31.1M in 2022.

In 2022, Poland 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, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $32.5M to Poland. The main products exported from Guatemala to Poland were Bananas ($12.2M), Raw Tobacco ($7.97M), and Other Processed Fruits and Nuts ($4.41M). During the last 5 years the exports of Guatemala to Poland have increased at an annualized rate of 13.5%, from $17.2M in 2017 to $32.5M in 2022.

In 2017, Poland exported $31.1M to Guatemala. The main products exported from Poland to Guatemala were Other Uncoated Paper ($7.11M), Malt ($1.8M), and Packaged Medicaments ($1.76M). During the last 5 years the exports of Poland to Guatemala have increased at an annualized rate of 11.7%, from $17.9M in 2022 to $31.1M in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Poland (Flag)

Guatemala Exports

Poland Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
Poland
Top Destination
Germany$93.1B

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

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

In 2022, countries that imported more from Poland than Guatemala included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

Comparative Advantage Guatemala - Poland

Flow
Scale

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

During 2022, Guatemala had a large net trade with Poland in the exports of Vegetable Products ($14.7M), Foodstuffs ($14.5M), and Textiles ($2.34M).

During 2017, Poland had a large net trade with Guatemala in the exports of Paper Goods ($8.73M), Chemical Products ($7.01M), and Machines ($5.19M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Poland+$5.74MBananas
Top Product Potential Poland Guatemala+$2.53MPackaged Medicaments

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

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

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