GDP$95BCURRENT US$Rnk 68 / 186 GDP GROWTH91.6%CURRENT US$Rnk 17 / 186
GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186 GDP PC $5,473CURRENT US$Rnk 107 / 186GDP PC GROWTH63.1%CURRENT US$Rnk 22 / 186GDP PC$462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186In N/A, Guatemala did not export any services to Somalia.
Somalia-Guatemala In N/A, Somalia did not export any products to Guatemala.
In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.
Guatemala does not register exports to Somalia.
Somalia does not register exports to Guatemala. The main products exported from Somalia to Guatemala were Cellulose Fibers Paper ($805) and Excavation Machinery ($63).
) to Somalia () (2022)) to Guatemala () (2022)This map shows whether countries import more from Guatemala or Somalia. Each country is colored based on the difference in imports they receive from Guatemala and Somalia or the difference in the growth in imports.
In 2022, countries that imported more from Guatemala than Somalia included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).
In 2022, countries that imported more from Somalia than Guatemala included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).
) and Guatemala () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Guatemala and Somalia. This means that a dot/product with the flag of Guatemala indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Guatemala.
) and Somalia () (2022)
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