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Pricing

2022
Flag → Flag
Exports $14.6MRnk 50 / 162
2022
Flag → Flag
Top Product $12.2MNickel Ore
2022
Flag → Flag
Exports $25.7MRnk 91 / 191
2022
Flag → Flag
Top Product $13.4MHot-Rolled Iron Bars
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 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$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Guatemala-Ukraine Trade: In 2022, Guatemala exported $14.6M to Ukraine. The main products that Guatemala exported to Ukraine were Nickel Ore ($12.2M), Bananas ($1.29M), and Coffee ($260k). Over the past 5 years the exports of Guatemala to Ukraine have decreased at an annualized rate of 18.9%, from $41.7M in 2017 to $14.6M in 2022.

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

Ukraine-Guatemala Trade: In 2022, Ukraine exported $25.7M to Guatemala. The main products that Ukraine exported to Guatemala were Hot-Rolled Iron Bars ($13.4M), Iron Ingots ($10.3M), and Used Clothing ($206k). Over the past 5 years the exports of Ukraine to Guatemala have increased at an annualized rate of 92%,  from $986k in 2017 to $25.7M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $14.6M to Ukraine. The main products exported from Guatemala to Ukraine were Nickel Ore ($12.2M), Bananas ($1.29M), and Coffee ($260k). During the last 5 years the exports of Guatemala to Ukraine have decreased at an annualized rate of 18.9%, from $41.7M in 2017 to $14.6M in 2022.

In 2017, Ukraine exported $25.7M to Guatemala. The main products exported from Ukraine to Guatemala were Hot-Rolled Iron Bars ($13.4M), Iron Ingots ($10.3M), and Used Clothing ($206k). During the last 5 years the exports of Ukraine to Guatemala have increased at an annualized rate of 92%, from $986k in 2022 to $25.7M in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Ukraine (Flag)

Guatemala Exports

Ukraine Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Guatemala than Ukraine included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

In 2022, countries that imported more from Ukraine than Guatemala included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Guatemala - Ukraine

Flow
Scale

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

During 2022, Guatemala had a large net trade with Ukraine in the exports of Mineral Products ($12.2M), Vegetable Products ($1.88M), and Foodstuffs ($390k).

During 2017, Ukraine had a large net trade with Guatemala in the exports of Metals ($23.8M), Chemical Products ($450k), and Machines ($447k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Ukraine+$767kBananas
Top Product Potential Ukraine Guatemala+$161kElectrical Control Boards

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

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

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