2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 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 
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 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

Slovenia-Guatemala Trade: In 2022, Slovenia exported $1.63M to Guatemala. The main products that Slovenia exported to Guatemala were Packaged Medicaments ($264k), Rubber Tires ($158k), and Video and Card Games ($123k). Over the past 5 years the exports of Slovenia to Guatemala have increased at an annualized rate of 17.4%, from $733k in 2017 to $1.63M in 2022.

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

Guatemala-Slovenia Trade: In 2022, Guatemala exported $12.3M to Slovenia. The main products that Guatemala exported to Slovenia were Ferroalloys ($10.9M), Coffee ($515k), and Bananas ($339k). Over the past 5 years the exports of Guatemala to Slovenia have increased at an annualized rate of 67.9%,  from $922k in 2017 to $12.3M in 2022.

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

Comparison: In 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). 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, Slovenia exported $1.63M to Guatemala. The main products exported from Slovenia to Guatemala were Packaged Medicaments ($264k), Rubber Tires ($158k), and Video and Card Games ($123k). During the last 5 years the exports of Slovenia to Guatemala have increased at an annualized rate of 17.4%, from $733k in 2017 to $1.63M in 2022.

In 2017, Guatemala exported $12.3M to Slovenia. The main products exported from Guatemala to Slovenia were Ferroalloys ($10.9M), Coffee ($515k), and Bananas ($339k). During the last 5 years the exports of Guatemala to Slovenia have increased at an annualized rate of 67.9%, from $922k in 2022 to $12.3M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Guatemala (Flag)

Slovenia Exports

Guatemala Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from Slovenia than Guatemala included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

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

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

Comparative Advantage Slovenia - Guatemala

Flow
Scale

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

During 2022, Slovenia had a large net trade with Guatemala in the exports of Chemical Products ($302k), Machines ($295k), and Plastics and Rubbers ($269k).

During 2017, Guatemala had a large net trade with Slovenia in the exports of Metals ($10.9M), Vegetable Products ($936k), and Foodstuffs ($275k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Guatemala+$1.34MPackaged Medicaments
Top Product Potential Guatemala Slovenia+$750kCoffee

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

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

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