2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC 
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186

About

Oman-Guatemala Trade: In 2022, Oman exported $4.24M to Guatemala. The main products that Oman exported to Guatemala were Raw Plastic Sheeting ($3.38M), Ethylene Polymers ($456k), and Propylene Polymers ($348k). Over the past 5 years the exports of Oman to Guatemala have increased at an annualized rate of 23.7%, from $1.46M in 2017 to $4.24M in 2022.

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

Guatemala-Oman Trade: In 2022, Guatemala exported $1.59M to Oman. The main products that Guatemala exported to Oman were Nutmeg, mace and cardamons ($1.37M), Prepared Cereals ($116k), and Coffee ($53.9k). Over the past 5 years the exports of Guatemala to Oman have increased at an annualized rate of 12.5%,  from $784k in 2017 to $1.59M in 2022.

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

Comparison: In 2022,  Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). That same year, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $4.24M to Guatemala. The main products exported from Oman to Guatemala were Raw Plastic Sheeting ($3.38M), Ethylene Polymers ($456k), and Propylene Polymers ($348k). During the last 5 years the exports of Oman to Guatemala have increased at an annualized rate of 23.7%, from $1.46M in 2017 to $4.24M in 2022.

In 2017, Guatemala exported $1.59M to Oman. The main products exported from Guatemala to Oman were Nutmeg, mace and cardamons ($1.37M), Prepared Cereals ($116k), and Coffee ($53.9k). During the last 5 years the exports of Guatemala to Oman have increased at an annualized rate of 12.5%, from $784k in 2022 to $1.59M in 2017.

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

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

Latest Data

Trade between Oman (Flag) and Guatemala (Flag)

Oman Exports

Guatemala Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from Oman than Guatemala included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2022, countries that imported more from Guatemala than Oman included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

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

Comparative Advantage Oman - Guatemala

Flow
Scale

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

During 2022, Oman had a large net trade with Guatemala in the exports of Plastics and Rubbers ($4.19M), Textiles ($49.3k), and Metals ($4.79k).

During 2017, Guatemala had a large net trade with Oman in the exports of Vegetable Products ($1.42M), Foodstuffs ($116k), and Mineral Products ($51.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Guatemala+$772kEthylene Polymers
Top Product Potential Guatemala Oman+$178kCoffee

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

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

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