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2022
Flag → Flag
Exports $119MRnk 124 / 219
2022
Flag → Flag
Top Product $13.3MIron Blocks
2022
Flag → Flag
Exports $24.3MRnk 40 / 162
2022
Flag → Flag
Top Product $12.5MNutmeg, mace and cardamons
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
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Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
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GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
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GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 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

Turkey-Guatemala Trade: In 2022, Turkey exported $119M to Guatemala. The main products that Turkey exported to Guatemala were Iron Blocks ($13.3M), Hot-Rolled Iron Bars ($12.5M), and Borates ($9.4M). Over the past 5 years the exports of Turkey to Guatemala have increased at an annualized rate of 19.4%, from $49M in 2017 to $119M in 2022.

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

Guatemala-Turkey Trade: In 2022, Guatemala exported $24.3M to Turkey. The main products that Guatemala exported to Turkey were Nutmeg, mace and cardamons ($12.5M), Coffee ($5.22M), and Raw Tobacco ($1.85M). Over the past 5 years the exports of Guatemala to Turkey have increased at an annualized rate of 27.4%,  from $7.25M in 2017 to $24.3M in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). 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, Turkey exported $119M to Guatemala. The main products exported from Turkey to Guatemala were Iron Blocks ($13.3M), Hot-Rolled Iron Bars ($12.5M), and Borates ($9.4M). During the last 5 years the exports of Turkey to Guatemala have increased at an annualized rate of 19.4%, from $49M in 2017 to $119M in 2022.

In 2017, Guatemala exported $24.3M to Turkey. The main products exported from Guatemala to Turkey were Nutmeg, mace and cardamons ($12.5M), Coffee ($5.22M), and Raw Tobacco ($1.85M). During the last 5 years the exports of Guatemala to Turkey have increased at an annualized rate of 27.4%, from $7.25M in 2022 to $24.3M in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Guatemala (Flag)

Turkey Exports

Guatemala Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Turkey than Guatemala included Germany ($21.9B), Iraq ($13.7B), and United Kingdom ($13.7B).

In 2022, countries that imported more from Guatemala than Turkey included El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

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

Comparative Advantage Turkey - Guatemala

Flow
Scale

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

During 2022, Turkey had a large net trade with Guatemala in the exports of Metals ($39.8M), Chemical Products ($16.1M), and Machines ($13.3M).

During 2017, Guatemala had a large net trade with Turkey in the exports of Vegetable Products ($19.7M), Foodstuffs ($2.4M), and Plastics and Rubbers ($1.66M).

Economic Complexity

Competitive Landscape

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

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

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