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Pricing

2022
Flag → Flag
Exports $57MRnk 96 / 215
2022
Flag → Flag
Top Product $29.9MRefined Petroleum
2022
Flag → Flag
Exports $10.3MRnk 57 / 162
2022
Flag → Flag
Top Product $7.22MNutmeg, mace and cardamons
2022
Flag
Economic Complexity (ECI) ECI 1.53Rnk 5 / 124
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 73 / 124
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
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GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 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

Singapore-Guatemala In 2022, Singapore exported $57M to Guatemala. The main products that Singapore exported to Guatemala are Refined Petroleum ($29.9M), Other Edible Preparations ($6.78M), and Packaged Medicaments ($3.98M). During the last 27 years the exports of Singapore to Guatemala have increased at an annualized rate of 9.26%, from $5.21M in 1995 to $57M in 2022.

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

Guatemala-Singapore In 2022, Guatemala exported $10.3M to Singapore. The main products that Guatemala exported to Singapore were Nutmeg, mace and cardamons ($7.22M), Hard Liquor ($1.05M), and Knit Sweaters ($467k). During the last 27 years the exports of Guatemala to Singapore have increased at an annualized rate of 3.15%, from $4.46M in 1995 to $10.3M in 2022.

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

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B). That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.24), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $57M to Guatemala. The main products exported from Singapore to Guatemala were Refined Petroleum ($29.9M), Other Edible Preparations ($6.78M), and Packaged Medicaments ($3.98M). During the last 27 years the exports of Singapore to Guatemala have increased at an annualized rate of 9.26%, from $5.21M in 1995 to $57M in 2022.

In 2022, Guatemala exported $10.3M to Singapore. The main products exported from Guatemala to Singapore were Nutmeg, mace and cardamons ($7.22M), Hard Liquor ($1.05M), and Knit Sweaters ($467k). During the last 27 years the exports of Guatemala to Singapore have increased at an annualized rate of 3.15%, from $4.46M in 1995 to $10.3M in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Guatemala (Flag)

Singapore Exports

Guatemala Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Guatemala
Top DestinationUnited States$5.23B

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

In 2021, countries that imported more from Singapore than Guatemala were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2021, countries that imported more from Guatemala than Singapore were El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

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

Comparative Advantage Singapore - Guatemala

Flow
Scale

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

During 2022, Singapore had a large net trade with Guatemala in the exports of Mineral Products ($29.9M), Foodstuffs ($7.33M), and Chemical Products ($5.82M).

During 2022, Guatemala had a large net trade with Singapore in the exports of Vegetable Products ($7.74M), Textiles ($1.1M), and Foodstuffs ($1.05M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Singapore has comparative advantage over Guatemala. Similarly, the more yellow a dot/product is, the more Guatemala has comparative advantage over Singapore.

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

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