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Pricing

2022
Flag → Flag
Exports $109MRnk 21 / 162
2022
Flag → Flag
Top Product $104MNutmeg, mace and cardamons
2022
Flag → Flag
Exports $63.7MRnk 71 / 138
2022
Flag → Flag
Top Product $39.5MPropylene Polymers
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 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$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Guatemala-Saudi Arabia Trade: In 2022, Guatemala exported $109M to Saudi Arabia. The main products that Guatemala exported to Saudi Arabia were Nutmeg, mace and cardamons ($104M), Coffee ($3.35M), and Confectionery Sugar ($579k). Over the past 5 years the exports of Guatemala to Saudi Arabia have decreased at an annualized rate of 0.47%, from $112M in 2017 to $109M in 2022.

In 2022, Guatemala did not export any services to Saudi Arabia.

Saudi Arabia-Guatemala Trade: In 2022, Saudi Arabia exported $63.7M to Guatemala. The main products that Saudi Arabia exported to Guatemala were Propylene Polymers ($39.5M), Ethylene Polymers ($21.1M), and Glass Bottles ($1.24M). Over the past 5 years the exports of Saudi Arabia to Guatemala have increased at an annualized rate of 6.8%,  from $45.8M in 2017 to $63.7M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $109M to Saudi Arabia. The main products exported from Guatemala to Saudi Arabia were Nutmeg, mace and cardamons ($104M), Coffee ($3.35M), and Confectionery Sugar ($579k). During the last 5 years the exports of Guatemala to Saudi Arabia have decreased at an annualized rate of 0.47%, from $112M in 2017 to $109M in 2022.

In 2017, Saudi Arabia exported $63.7M to Guatemala. The main products exported from Saudi Arabia to Guatemala were Propylene Polymers ($39.5M), Ethylene Polymers ($21.1M), and Glass Bottles ($1.24M). During the last 5 years the exports of Saudi Arabia to Guatemala have increased at an annualized rate of 6.8%, from $45.8M in 2022 to $63.7M in 2017.

Exports from Guatemala (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Guatemala (Flag) (2022)

Latest Data

Trade between Guatemala (Flag) and Saudi Arabia (Flag)

Guatemala Exports

Saudi Arabia Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Saudi Arabia
Top DestinationChina$68B

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

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

In 2022, countries that imported more from Saudi Arabia than Guatemala included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Guatemala (Flag) (2022)

Comparative Advantage Guatemala - Saudi Arabia

Flow
Scale

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

During 2022, Guatemala had a large net trade with Saudi Arabia in the exports of Vegetable Products ($108M), Foodstuffs ($925k), and Paper Goods ($438k).

During 2017, Saudi Arabia had a large net trade with Guatemala in the exports of Plastics and Rubbers ($60.9M), Stone And Glass ($1.63M), and Paper Goods ($668k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Saudi Arabia+$4.82MCoffee
Top Product Potential Saudi Arabia Guatemala+$9.6MEthylene 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 Saudi Arabia. This means that a dot/product with the flag of Guatemala indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Guatemala.

Product Space of Guatemala (Flag) and Saudi Arabia (Flag) (2022)

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