Slovenia (SVN) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Slovenia-Guatemala Trade: In 2023, Slovenia exported $4.75M to Guatemala. The main products that Slovenia exported to Guatemala were Iron Structures ($1.9M), Packaged Medicaments ($1.08M), and Papermaking Machines ($230k). Over the past 5 years the exports of Slovenia to Guatemala have increased at an annualized rate of 37.3%, from $974k in 2018 to $4.75M in 2023.

In 2023, Slovenia did not export any services to Guatemala.

Guatemala-Slovenia Trade: In 2023, Guatemala exported $1.88M to Slovenia. The main products that Guatemala exported to Slovenia were Ferroalloys ($665k), Coffee ($331k), and Hard Liquor ($297k). Over the past 5 years the exports of Guatemala to Slovenia have increased at an annualized rate of 15.4%, from $919k in 2018 to $1.88M in 2023.

In 2023, Guatemala did not export any services to Slovenia.

Comparison: In 2023, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Slovenia exported $4.75M to Guatemala. The main products exported from Slovenia to Guatemala were Iron Structures ($1.9M), Packaged Medicaments ($1.08M), and Papermaking Machines ($230k). During the last 5 years the exports of Slovenia to Guatemala have increased at an annualized rate of 37.3%, from $974k in 2018 to $4.75M in 2023.

In 2018, Guatemala exported $1.88M to Slovenia. The main products exported from Guatemala to Slovenia were Ferroalloys ($665k), Coffee ($331k), and Hard Liquor ($297k). During the last 5 years the exports of Guatemala to Slovenia have increased at an annualized rate of 15.4%, from $919k in 2023 to $1.88M in 2018.

Exports from Slovenia () to Guatemala () (2023)

Exports from Guatemala () to Slovenia () (2023)

Latest Data

Trade between Slovenia () and Guatemala ()

Slovenia Exports

Date

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovenia
Top DestinationSwitzerland$13.5B

Guatemala
Top DestinationUnited States$5.16B

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 2023, countries that imported more from Slovenia than Guatemala included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

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

Difference in imports from Guatemala () and Slovenia () (2023)

Comparative Advantage Slovenia - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Slovenia had a large net trade with Guatemala in the exports of Metals ($2.1M), Chemical Products ($1.12M), and Machines ($858k).

During 2018, Guatemala had a large net trade with Slovenia in the exports of Vegetable Products ($694k), Metals ($665k), and Foodstuffs ($310k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Slovenia () to Guatemala () (2023)

Exports from Guatemala () to Slovenia () (2023)

Latest Data

Trade between Slovenia () and Guatemala ()

Slovenia Exports

Guatemala Exports

Market Competitiveness

Difference in imports from Guatemala () and Slovenia () (2023)

Comparative Advantage Slovenia - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Slovenia () and Guatemala () (2023)

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