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Pricing

2023
Flag → Flag
Exports $67kRnk 116 / 130
2023
Flag → Flag
Top Product $29.3kPackaged Medicaments
2023
Flag → Flag
Exports $140kRnk 75 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Iran-Guatemala Trade: In 2023, Iran exported $67k to Guatemala. The main products that Iran exported to Guatemala were Packaged Medicaments ($29.3k), Other Plastic Products ($10.4k), and Knotted Carpets ($5.28k). Over the past 5 years the exports of Iran to Guatemala have decreased at an annualized rate of 7.12%, from $96.9k in 2018 to $67k in 2023.

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

Guatemala-Iran Trade: In 2023, Guatemala exported $140k to Iran. The main products that Guatemala exported to Iran were N/A. Over the past 5 years the exports of Guatemala to Iran have increased at an annualized rate of 7.63%,  from $77.7k in 2018 to $140k in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $67k to Guatemala. The main products exported from Iran to Guatemala were Packaged Medicaments ($29.3k), Other Plastic Products ($10.4k), and Knotted Carpets ($5.28k). During the last 5 years the exports of Iran to Guatemala have decreased at an annualized rate of 7.12%, from $96.9k in 2018 to $67k in 2023.

In 2013, Guatemala exported $140k to Iran. There were not main exports from Guatemala to Iran in 2013. During the last 5 years the exports of Guatemala to Iran have increased at an annualized rate of 7.63%, from $77.7k in 2018 to $140k in 2013.

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

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

Latest Data

Trade between Iran (Flag) and Guatemala (Flag)

Guatemala Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Iran than Guatemala included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

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

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

Comparative Advantage Iran - Guatemala

Flow
Scale

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

During 2023, Iran had a large net trade with Guatemala in the exports of Chemical Products ($31.6k), Plastics and Rubbers ($11.6k), and Machines ($11.5k).

During 2013, Guatemala had a large net trade with Iran in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Guatemala+$247kPackaged Medicaments
Top Product Potential Guatemala Iran+$4.34kPalm Oil

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

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

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