2023
Flag  
GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
 GDP
$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH
97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195
2023
Flag
GDP PC
$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 27 / 195

About

Israel-Guatemala Trade: In 2023, Israel exported $43.7M to Guatemala. The main products that Israel exported to Guatemala were Pesticides ($6.87M), Plastic Lids ($4.52M), and Raw Plastic Sheeting ($4.18M). Over the past 5 years the exports of Israel to Guatemala have increased at an annualized rate of 8.89%, from $28.5M in 2018 to $43.7M in 2023.

In 2007, Israel exported services to Guatemala worth $610k, with Computer and information services ($610k) being the largest in terms of value.

Guatemala-Israel Trade: In 2023, Guatemala exported $7.36M to Israel. The main products that Guatemala exported to Israel were Nutmeg, mace and cardamons ($2.64M), Sowing Seeds ($1.55M), and Coffee ($1.14M). Over the past 5 years the exports of Guatemala to Israel have decreased at an annualized rate of 14.4%,  from $16M in 2018 to $7.36M in 2023.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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, Israel exported $43.7M to Guatemala. The main products exported from Israel to Guatemala were Pesticides ($6.87M), Plastic Lids ($4.52M), and Raw Plastic Sheeting ($4.18M). During the last 5 years the exports of Israel to Guatemala have increased at an annualized rate of 8.89%, from $28.5M in 2018 to $43.7M in 2023.

In 2018, Guatemala exported $7.36M to Israel. The main products exported from Guatemala to Israel were Nutmeg, mace and cardamons ($2.64M), Sowing Seeds ($1.55M), and Coffee ($1.14M). During the last 5 years the exports of Guatemala to Israel have decreased at an annualized rate of 14.4%, from $16M in 2023 to $7.36M in 2018.

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

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

Latest Data

Trade between Israel (Flag) and Guatemala (Flag)

Israel Exports

Guatemala Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Guatemala
Top Destination
United States$5.16B

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

In 2023, countries that imported more from Israel than Guatemala included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

In 2023, countries that imported more from Guatemala than Israel included El Salvador ($1.73B), Honduras ($1.42B), and Nicaragua ($939M).

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

Comparative Advantage Israel - Guatemala

Flow
Scale

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

During 2023, Israel had a large net trade with Guatemala in the exports of Chemical Products ($13M), Plastics and Rubbers ($10.7M), and Machines ($6.45M).

During 2018, Guatemala had a large net trade with Israel in the exports of Vegetable Products ($6.08M), Textiles ($616k), and Foodstuffs ($434k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Guatemala+$1.66MPesticides
Top Product Potential Guatemala Israel+$2.32MCoffee

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Israel and Guatemala. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Guatemala. Similarly, a dot/product with the flag of Guatemala indicates it has a comparative advantage over Israel.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with