2022
Flag  
GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 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
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

In 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.

Historical Data

Bilateral Trade by Products

Depth
Value

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).

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

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

Latest Data

Trade between Guatemala (Flag) and Somalia (Flag)

Guatemala Exports

Date

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
Somalia
Top Destination
United Arab Emirates$283M

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).

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

Comparative Advantage Guatemala - Somalia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Somalia+$2.73kRaw Sugar
Top Product Potential Somalia Guatemala+$1.52kCrustaceans

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 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.

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

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