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2022
Flag → Flag
Exports $535MRnk 62 / 211
2022
Flag → Flag
Top Product $188MCars
2022
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Exports $159MRnk 16 / 162
2022
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Top Product $121MCoffee
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
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GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
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GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Japan-Guatemala Trade: In 2022, Japan exported $535M to Guatemala. The main products that Japan exported to Guatemala were Cars ($188M), Delivery Trucks ($116M), and Cold-Rolled Iron ($42.5M). Over the past 5 years the exports of Japan to Guatemala have increased at an annualized rate of 15.4%, from $261M in 2017 to $535M in 2022.

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

Guatemala-Japan Trade: In 2022, Guatemala exported $159M to Japan. The main products that Guatemala exported to Japan were Coffee ($121M), Nutmeg, mace and cardamons ($7.66M), and Other Oily Seeds ($6.45M). Over the past 5 years the exports of Guatemala to Japan have decreased at an annualized rate of 0.44%,  from $163M in 2017 to $159M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Latest Trends

September, 2024

About

Overview In September 2024, Japan exported ¥6.56B and imported ¥2.21B from Guatemala, resulting in a positive trade balance of ¥4.35B. Between September 2023 and September 2024 the exports of Japan have increased by ¥515M (8.52%) from ¥6.05B to ¥6.56B, while imports decreased by ¥-676M (-23.4%) from ¥2.88B to ¥2.21B.

Origins In September 2024 the exports of Japan were mainly from Aichi (¥2.27B), Kanagawa (¥1.32B), Chiba (¥1.11B), Fukuoka (¥699M), and Hiroshima (¥334M), while imports destinations were mainly Kanagawa (¥1.29B), Hyōgo (¥359M), Aichi (¥223M), Fukuoka (¥165M), and Osaka (¥65.2M).

Growth In September 2024, the increase in Japan's year-by-year exports to Guatemala was explained primarily by an increase in product exports in Delivery Trucks (¥217M or 38.4%), Buses (¥128M or 269%), and Motor vehicles; parts and accessories (8701... (¥101M or 97.7%). In September 2024, the decrease in Japan's year-by-year imports  from Guatemala was explained primarily by an decrease in product imports  in Knit Sweaters (¥-119M or -78.1%), Coffee (¥-54.4M or -17.7%), and Hard Liquor (¥-17.2M or -73.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)¥515M(8.52%)
IMPORT GROWTH (September 2023 - September 2024)¥-676M(-23.4%)
MAIN EXPORTER (September 2024)Aichi¥2.27B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Guatemala and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guatemala and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $535M to Guatemala. The main products exported from Japan to Guatemala were Cars ($188M), Delivery Trucks ($116M), and Cold-Rolled Iron ($42.5M). During the last 5 years the exports of Japan to Guatemala have increased at an annualized rate of 15.4%, from $261M in 2017 to $535M in 2022.

In 2017, Guatemala exported $159M to Japan. The main products exported from Guatemala to Japan were Coffee ($121M), Nutmeg, mace and cardamons ($7.66M), and Other Oily Seeds ($6.45M). During the last 5 years the exports of Guatemala to Japan have decreased at an annualized rate of 0.44%, from $163M in 2022 to $159M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Japan than Guatemala included China ($135B), United States ($137B), and South Korea ($50.8B).

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

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

Comparative Advantage Japan - Guatemala

Flow
Scale

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

During 2022, Japan had a large net trade with Guatemala in the exports of Transportation ($359M), Metals ($69.4M), and Machines ($57.7M).

During 2017, Guatemala had a large net trade with Japan in the exports of Vegetable Products ($149M), Textiles ($3.52M), and Mineral Products ($2.23M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Guatemala+$37.6MCars
Top Product Potential Guatemala Japan+$12.2MBananas

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

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

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