Italy (ITA) and Guam (GUM) Trade | The Observatory of Economic Complexity

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Italy-Guam Trade: In 2023, Italy exported $22.4M to Guam. The main products that Italy exported to Guam were Trunks and Cases ($13.5M), Electrical Transformers ($1.7M), and Jewellery ($1.38M). Over the past 5 years the exports of Italy to Guam have increased at an annualized rate of 24.1%, from $7.61M in 2018 to $22.4M in 2023.

In 2023, Italy did not export any services to Guam.

Guam-Italy Trade: In 2023, Guam exported $985k to Italy. The main products that Guam exported to Italy were Trunks and Cases ($600k), Leather Footwear ($143k), and Knitted Hats ($45k). Over the past 5 years the exports of Guam to Italy have increased at an annualized rate of 21%, from $259k in 2018 to $985k in 2023.

In 2023, Guam did not export any services to Italy.

Comparison In 2023, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Guam ranked 216 in total exports ($13M), and does not have data regarding Economic Complexity Index.

Latest Trends

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Overview In N/A, Italy exported €N/A and imported €N/A from Guam, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Guam were . In N/A the top imports of Italy from Guam were .

Growth In N/A, the N/A in Italy's year-by-year exports to Guam was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports from Guam was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Italy exported $22.4M to Guam. The main products exported from Italy to Guam were Trunks and Cases ($13.5M), Electrical Transformers ($1.7M), and Jewellery ($1.38M). During the last 5 years the exports of Italy to Guam have increased at an annualized rate of 24.1%, from $7.61M in 2018 to $22.4M in 2023.

In 2018, Guam exported $985k to Italy. The main products exported from Guam to Italy were Trunks and Cases ($600k), Leather Footwear ($143k), and Knitted Hats ($45k). During the last 5 years the exports of Guam to Italy have increased at an annualized rate of 21%, from $259k in 2023 to $985k in 2018.

Exports from Italy () to Guam () (2023)

Exports from Guam () to Italy () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Italy
Top DestinationGermany$71.4B

Guam
Top DestinationChinese Taipei$5.53M

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

In 2023, countries that imported more from Italy than Guam included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, no countries were registered that imported more from Guam than from Italy.

Difference in imports from Guam () and Italy () (2023)

Comparative Advantage Italy - Guam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Italy and Guam by product, considering products traded by both, Italy and Guam.

During 2023, Italy had a large net trade with Guam in the exports of Animal Hides ($13.8M), Machines ($3.45M), and Precious Metals ($1.4M).

During 2018, Guam had a large net trade with Italy in the exports of Animal Hides ($636k), Footwear and Headwear ($263k), and Textiles ($54.4k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Guam () (2023)

Exports from Guam () to Italy () (2023)

Market Competitiveness

Difference in imports from Guam () and Italy () (2023)

Comparative Advantage Italy - Guam

Economic Complexity

Competitive Landscape

Product Space of Italy () and Guam () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Guam () (2023)

Exports from Guam () to Italy () (2023)

Market Competitiveness

Difference in imports from Guam () and Italy () (2023)

Comparative Advantage Italy - Guam

Economic Complexity

Competitive Landscape

Product Space of Italy () and Guam () (2023)

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