NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2022
Flag → Flag
Exports $925Rnk 104 / 0
2022
Flag → Flag
Exports $988kRnk 86 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC $597CURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195
2023
Flag
GDP PC$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Somalia-Guatemala Trade: In 2022, Somalia exported $925 to Guatemala. The main products that Somalia exported to Guatemala were N/A. Over the past 18 years the exports of Somalia to Guatemala have decreased at an annualized rate of 17.8%, from $31.7k in 2004 to $925 in 2022.

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

Guatemala-Somalia In N/A, Guatemala did not export any products to Somalia.

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

Comparison In 2023,  Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index. That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $925 to Guatemala. There were not main exports from Somalia to Guatemala in 2022. During the last 18 years the exports of Somalia to Guatemala have decreased at an annualized rate of 17.8%, from $31.7k in 2004 to $925 in 2022.

Guatemala does not register exports to Somalia.

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

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

Latest Data

Trade between Somalia (Flag) and Guatemala (Flag)

Guatemala Exports

Date

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$360M
Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Somalia than Guatemala included United Arab Emirates ($360M), Oman ($180M), and Saudi Arabia ($283M).

In 2023, countries that imported more from Guatemala than Somalia included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

Difference in imports from Guatemala (Flag) and Somalia (Flag) (2023)

Comparative Advantage Somalia - Guatemala

Flow
Scale

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

During 2022, Somalia had a large net trade with Guatemala in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Guatemala+$1.52kCrustaceans
Top Product Potential Guatemala Somalia+$2.73kRaw Sugar

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms