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2023
Flag → Flag
Exports $985kRnk 4 / 62
2023
Flag → Flag
Top Product $600kTrunks and Cases
2023
Flag → Flag
Exports $22.4MRnk 164 / 219
2023
Flag → Flag
Top Product $13.5MTrunks and Cases
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Guam-Italy Trade: In 2023, Guam exported $985k to Italy. The main products that Guam exported to Italy were Trunks and Cases ($600k), Leather Footwear ($143k), and Knitted Hats ($45k). Over the past 5 years the exports of Guam to Italy have increased at an annualized rate of 30.6%, from $259k in 2018 to $985k in 2023.

In 2023, Guam did not export any services to Italy.

Italy-Guam Trade: In 2023, Italy exported $22.4M to Guam. The main products that Italy exported to Guam were Trunks and Cases ($13.5M), Electrical Transformers ($1.7M), and Jewellery ($1.38M). Over the past 5 years the exports of Italy to Guam have increased at an annualized rate of 24.1%,  from $7.61M in 2018 to $22.4M in 2023.

In 2023, Italy did not export any services to Guam.

Comparison In 2023,  Guam ranked 216 in total exports ($13M), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guam exported $985k to Italy. The main products exported from Guam to Italy were Trunks and Cases ($600k), Leather Footwear ($143k), and Knitted Hats ($45k). During the last 5 years the exports of Guam to Italy have increased at an annualized rate of 30.6%, from $259k in 2018 to $985k in 2023.

In 2018, Italy exported $22.4M to Guam. The main products exported from Italy to Guam were Trunks and Cases ($13.5M), Electrical Transformers ($1.7M), and Jewellery ($1.38M). During the last 5 years the exports of Italy to Guam have increased at an annualized rate of 24.1%, from $7.61M in 2023 to $22.4M in 2018.

Exports from Guam (Flag) to Italy (Flag) (2023)

Exports from Italy (Flag) to Guam (Flag) (2023)

Latest Data

Trade between Guam (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Guam
Top DestinationChinese Taipei$5.53M
Italy
Top DestinationGermany$71.4B

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 2023, no countries were registered that imported more from Guam than from Italy.

In 2023, countries that imported more from Italy than Guam included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

Difference in imports from Italy (Flag) and Guam (Flag) (2023)

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 2023, Guam had a large net trade with Italy in the exports of Animal Hides ($636k), Footwear and Headwear ($263k), and Textiles ($54.4k).

During 2018, Italy had a large net trade with Guam in the exports of Animal Hides ($13.8M), Machines ($3.45M), and Precious Metals ($1.4M).

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) (2023)

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