2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Guam-Italy Trade: In 2022, Guam exported $478k to Italy. The main products that Guam exported to Italy were Trunks and Cases ($385k), Jewellery ($41.9k), and Leather Footwear ($13.1k). Over the past 5 years the exports of Guam to Italy have increased at an annualized rate of 16.5%, from $223k in 2017 to $478k in 2022.

In 2022, Guam did not export any services to Italy.

Italy-Guam Trade: In 2022, Italy exported $8.49M to Guam. The main products that Italy exported to Guam were Trunks and Cases ($3.7M), Jewellery ($1.46M), and Large Construction Vehicles ($568k). Over the past 5 years the exports of Italy to Guam have decreased at an annualized rate of 2.42%,  from $9.59M in 2017 to $8.49M in 2022.

In 2022, Italy did not export any services to Guam.

Comparison In 2022,  Guam ranked 208 in total exports ($27.7M), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guam exported $478k to Italy. The main products exported from Guam to Italy were Trunks and Cases ($385k), Jewellery ($41.9k), and Leather Footwear ($13.1k). During the last 5 years the exports of Guam to Italy have increased at an annualized rate of 16.5%, from $223k in 2017 to $478k in 2022.

In 2017, Italy exported $8.49M to Guam. The main products exported from Italy to Guam were Trunks and Cases ($3.7M), Jewellery ($1.46M), and Large Construction Vehicles ($568k). During the last 5 years the exports of Italy to Guam have decreased at an annualized rate of 2.42%, from $9.59M in 2022 to $8.49M in 2017.

Exports from Guam (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to Guam (Flag) (2022)

Latest Data

Trade between Guam (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Guam
Top Destination
Singapore$8.42M
Italy
Top Destination
Germany$78.5B

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

In 2022, no countries were registered that imported more from Guam than from Italy.

In 2022, countries that imported more from Italy than Guam included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy (Flag) and Guam (Flag) (2022)

Comparative Advantage Guam - Italy

Flow
Scale

This chart compares trade between Guam and Italy by product, considering products traded by both, Guam and Italy.

During 2022, Guam had a large net trade with Italy in the exports of Animal Hides ($385k), Precious Metals ($41.9k), and Footwear and Headwear ($21.4k).

During 2017, Italy had a large net trade with Guam in the exports of Animal Hides ($3.8M), Precious Metals ($1.54M), and Machines ($686k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Guam and Italy. This means that a dot/product with the flag of Guam indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Guam.

Product Space of Guam (Flag) and Italy (Flag) (2022)

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