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2023
Flag → Flag
Exports $796kRnk 122 / 191
2023
Flag → Flag
Top Product $229kHandguns
2023
Flag → Flag
Exports $28kRnk 146 / 170
2023
Flag → Flag
Top Product $13.8kFrozen Fruits and Nuts
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC $21,865CURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP PC GROWTH54.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Croatia-Guatemala Trade: In 2023, Croatia exported $796k to Guatemala. The main products that Croatia exported to Guatemala were Handguns ($229k), Metal Molds ($223k), and Leather Footwear ($56.9k). Over the past 5 years the exports of Croatia to Guatemala have increased at an annualized rate of 0.67%, from $770k in 2018 to $796k in 2023.

In 2023, Croatia did not export any services to Guatemala.

Guatemala-Croatia Trade: In 2023, Guatemala exported $28k to Croatia. The main products that Guatemala exported to Croatia were Frozen Fruits and Nuts ($13.8k), Non-Knit Active Wear ($5.02k), and Knitted Hats ($4.03k). Over the past 5 years the exports of Guatemala to Croatia have decreased at an annualized rate of 22.5%,  from $1.28M in 2018 to $28k in 2023.

In 2023, Guatemala did not export any services to Croatia.

Comparison: In 2023,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B). That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $796k to Guatemala. The main products exported from Croatia to Guatemala were Handguns ($229k), Metal Molds ($223k), and Leather Footwear ($56.9k). During the last 5 years the exports of Croatia to Guatemala have increased at an annualized rate of 0.67%, from $770k in 2018 to $796k in 2023.

In 2018, Guatemala exported $28k to Croatia. The main products exported from Guatemala to Croatia were Frozen Fruits and Nuts ($13.8k), Non-Knit Active Wear ($5.02k), and Knitted Hats ($4.03k). During the last 5 years the exports of Guatemala to Croatia have decreased at an annualized rate of 22.5%, from $1.28M in 2023 to $28k in 2018.

Exports from Croatia (Flag) to Guatemala (Flag) (2023)

Exports from Guatemala (Flag) to Croatia (Flag) (2023)

Latest Data

Trade between Croatia (Flag) and Guatemala (Flag)

Croatia Exports

Guatemala Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.05B
Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Croatia than Guatemala included Italy ($3.05B), Slovenia ($2.45B), and Germany ($2.58B).

In 2023, countries that imported more from Guatemala than Croatia included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

Difference in imports from Guatemala (Flag) and Croatia (Flag) (2023)

Comparative Advantage Croatia - Guatemala

Flow
Scale

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

During 2023, Croatia had a large net trade with Guatemala in the exports of Machines ($342k), Weapons ($238k), and Textiles ($117k).

During 2018, Guatemala had a large net trade with Croatia in the exports of Vegetable Products ($15.5k), Textiles ($5.1k), and Footwear and Headwear ($4.03k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Guatemala+$82.2kElectrical Control Boards
Top Product Potential Guatemala Croatia+$1.01MRaw Sugar

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

Product Space of Croatia (Flag) and Guatemala (Flag) (2023)

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