Chinese Taipei (TWN) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Guatemala Trade: In 2022, Chinese Taipei exported $280M to Guatemala. The main products that Chinese Taipei exported to Guatemala were Alkylbenzenes and Alkylnaphthalenes ($51.8M), Refined Petroleum ($45M), and Motor vehicles; parts and accessories (8701 to 8705) ($16.8M). Over the past 5 years the exports of Chinese Taipei to Guatemala have increased at an annualized rate of 17%, from $128M in 2017 to $280M in 2022.

In 2022, Chinese Taipei did not export any services to Guatemala.

Guatemala-Chinese Taipei Trade: In 2022, Guatemala exported $117M to Chinese Taipei. The main products that Guatemala exported to Chinese Taipei were Raw Sugar ($85.2M), Coffee ($17.8M), and Crustaceans ($3.44M). Over the past 5 years the exports of Guatemala to Chinese Taipei have increased at an annualized rate of 7.04%, from $82.9M in 2017 to $117M in 2022.

In 2022, Guatemala did not export any services to Chinese Taipei.

Comparison: In 2022, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $280M to Guatemala. The main products exported from Chinese Taipei to Guatemala were Alkylbenzenes and Alkylnaphthalenes ($51.8M), Refined Petroleum ($45M), and Motor vehicles; parts and accessories (8701 to 8705) ($16.8M). During the last 5 years the exports of Chinese Taipei to Guatemala have increased at an annualized rate of 17%, from $128M in 2017 to $280M in 2022.

In 2017, Guatemala exported $117M to Chinese Taipei. The main products exported from Guatemala to Chinese Taipei were Raw Sugar ($85.2M), Coffee ($17.8M), and Crustaceans ($3.44M). During the last 5 years the exports of Guatemala to Chinese Taipei have increased at an annualized rate of 7.04%, from $82.9M in 2022 to $117M in 2017.

Exports from Chinese Taipei () to Guatemala () (2022)

Exports from Guatemala () to Chinese Taipei () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Chinese Taipei than Guatemala included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

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

Difference in imports from Guatemala () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Guatemala in the exports of Chemical Products ($61.2M), Machines ($51.1M), and Mineral Products ($45.1M).

During 2017, Guatemala had a large net trade with Chinese Taipei in the exports of Foodstuffs ($86.9M), Vegetable Products ($18.2M), and Metals ($3.55M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Chinese Taipei () to Guatemala () (2022)

Exports from Guatemala () to Chinese Taipei () (2022)

Market Competitiveness

Difference in imports from Guatemala () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Chinese Taipei () and Guatemala () (2022)

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