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Pricing

2022
Flag → Flag
Exports $161MRnk 106 / 224
2022
Flag → Flag
Top Product $14.2MOther Edible Preparations
2022
Flag → Flag
Exports $658MRnk 6 / 162
2022
Flag → Flag
Top Product $356MPalm Oil
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Netherlands-Guatemala Trade: In 2022, Netherlands exported $161M to Guatemala. The main products that Netherlands exported to Guatemala were Other Edible Preparations ($14.2M), Nitrogenous Fertilizers ($13.8M), and Malt Extract ($11.7M). Over the past 5 years the exports of Netherlands to Guatemala have increased at an annualized rate of 10.4%, from $98.1M in 2017 to $161M in 2022.

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

Guatemala-Netherlands Trade: In 2022, Guatemala exported $658M to Netherlands. The main products that Guatemala exported to Netherlands were Palm Oil ($356M), Alcohol > 80% ABV ($91.2M), and Ferroalloys ($39.6M). Over the past 5 years the exports of Guatemala to Netherlands have increased at an annualized rate of 11.8%,  from $376M in 2017 to $658M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Latest Trends

August, 2024

About

Overview In August 2024, Netherlands exported €10M and imported €41M from Guatemala, resulting in a negative trade balance of €31M. Between August 2023 and August 2024 the exports of Netherlands have decreased by €-5M (-33.3%) from €15M to €10M, while imports increased by €5M (13.9%) from €36M to €41M.

Trade In August 2024, the top exports of Netherlands to Guatemala were Other organic chemicals (€2M), Tea and matT (€1M), Feeding stuff for animals (not including... (€1M), Edible products and preparations, n.e.s. (€1M), and Pulp and waste paper (€1M). In August 2024 the top imports of Netherlands from Guatemala were Fixed vegetable fats and oils, crude,... (€24M), Crude vegetable materials, n.e.s. (€4M), Fruit and nuts (not including oil... (€1M), Fruit, preserved, and fruit preparations (excluding... (€1M), and Alcohols, phenols, phenol-alcohols, and their halogenated,... (€1M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-5M(-33.3%)
IMPORT GROWTH (August 2023 - August 2024)€5M(13.9%)

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

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

For full datasets download visit Bulk Download page.

Explore Guatemala and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $161M to Guatemala. The main products exported from Netherlands to Guatemala were Other Edible Preparations ($14.2M), Nitrogenous Fertilizers ($13.8M), and Malt Extract ($11.7M). During the last 5 years the exports of Netherlands to Guatemala have increased at an annualized rate of 10.4%, from $98.1M in 2017 to $161M in 2022.

In 2017, Guatemala exported $658M to Netherlands. The main products exported from Guatemala to Netherlands were Palm Oil ($356M), Alcohol > 80% ABV ($91.2M), and Ferroalloys ($39.6M). During the last 5 years the exports of Guatemala to Netherlands have increased at an annualized rate of 11.8%, from $376M in 2022 to $658M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Netherlands than Guatemala included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

Comparative Advantage Netherlands - Guatemala

Flow
Scale

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

During 2022, Netherlands had a large net trade with Guatemala in the exports of Foodstuffs ($42.1M), Chemical Products ($35.9M), and Vegetable Products ($20.6M).

During 2017, Guatemala had a large net trade with Netherlands in the exports of Animal and Vegetable Bi-Products ($399M), Foodstuffs ($106M), and Vegetable Products ($84.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Guatemala+$19.2MRefined Petroleum
Top Product Potential Guatemala Netherlands+$11MCoffee

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

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

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