2022
Flag  
GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 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 
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 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

Indonesia-Guatemala Trade: In 2022, Indonesia exported $196M to Guatemala. The main products that Indonesia exported to Guatemala were Semi-Finished Iron ($39.7M), Cars ($23.2M), and Iron Ingots ($18M). Over the past 5 years the exports of Indonesia to Guatemala have increased at an annualized rate of 29.6%, from $53.4M in 2017 to $196M in 2022.

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

Guatemala-Indonesia Trade: In 2022, Guatemala exported $789k to Indonesia. The main products that Guatemala exported to Indonesia were Raw Tobacco ($253k), Nutmeg, mace and cardamons ($168k), and Light Rubberized Knitted Fabric ($125k). Over the past 5 years the exports of Guatemala to Indonesia have decreased at an annualized rate of 53.5%,  from $36.5M in 2017 to $789k in 2022.

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

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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, Indonesia exported $196M to Guatemala. The main products exported from Indonesia to Guatemala were Semi-Finished Iron ($39.7M), Cars ($23.2M), and Iron Ingots ($18M). During the last 5 years the exports of Indonesia to Guatemala have increased at an annualized rate of 29.6%, from $53.4M in 2017 to $196M in 2022.

In 2017, Guatemala exported $789k to Indonesia. The main products exported from Guatemala to Indonesia were Raw Tobacco ($253k), Nutmeg, mace and cardamons ($168k), and Light Rubberized Knitted Fabric ($125k). During the last 5 years the exports of Guatemala to Indonesia have decreased at an annualized rate of 53.5%, from $36.5M in 2022 to $789k in 2017.

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

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

Latest Data

Trade between Indonesia (Flag) and Guatemala (Flag)

Indonesia Exports

Guatemala Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$67.7B
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from Indonesia than Guatemala included China ($67.7B), Japan ($26.6B), and United States ($31.6B).

In 2022, countries that imported more from Guatemala than Indonesia included El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

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

Comparative Advantage Indonesia - Guatemala

Flow
Scale

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

During 2022, Indonesia had a large net trade with Guatemala in the exports of Metals ($58M), Transportation ($29.6M), and Paper Goods ($27.5M).

During 2017, Guatemala had a large net trade with Indonesia in the exports of Foodstuffs ($253k), Vegetable Products ($199k), and Textiles ($178k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Guatemala+$12.3MCars
Top Product Potential Guatemala Indonesia+$556kRaw Tobacco

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

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

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