2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC 
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186

About

Croatia-Guatemala Trade: In 2022, Croatia exported $869k to Guatemala. The main products that Croatia exported to Guatemala were Handguns ($487k), Nucleic Acids ($161k), and Electrical Control Boards ($58.9k). Over the past 5 years the exports of Croatia to Guatemala have increased at an annualized rate of 24.7%, from $288k in 2017 to $869k in 2022.

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

Guatemala-Croatia Trade: In 2022, Guatemala exported $1.54M to Croatia. The main products that Guatemala exported to Croatia were Raw Sugar ($1.1M), Raw Tobacco ($393k), and Bananas ($30.2k). Over the past 5 years the exports of Guatemala to Croatia have increased at an annualized rate of 29.1%,  from $155k in 2017 to $1.54M in 2022.

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

Comparison: In 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). That same year, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $869k to Guatemala. The main products exported from Croatia to Guatemala were Handguns ($487k), Nucleic Acids ($161k), and Electrical Control Boards ($58.9k). During the last 5 years the exports of Croatia to Guatemala have increased at an annualized rate of 24.7%, from $288k in 2017 to $869k in 2022.

In 2017, Guatemala exported $1.54M to Croatia. The main products exported from Guatemala to Croatia were Raw Sugar ($1.1M), Raw Tobacco ($393k), and Bananas ($30.2k). During the last 5 years the exports of Guatemala to Croatia have increased at an annualized rate of 29.1%, from $155k in 2022 to $1.54M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Guatemala (Flag)

Croatia Exports

Guatemala Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Guatemala
Top Destination
United States$5.23B

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 2022, countries that imported more from Croatia than Guatemala included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

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

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

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 2022, Croatia had a large net trade with Guatemala in the exports of Weapons ($505k), Chemical Products ($161k), and Machines ($120k).

During 2017, Guatemala had a large net trade with Croatia in the exports of Foodstuffs ($1.49M), Vegetable Products ($45.5k), and Textiles ($380).

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) (2022)

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