2023
Flag  
GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
 GDP
$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH
97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC 
$1,224CURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC
$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 27 / 195

About

Tanzania-Guatemala Trade: In 2023, Tanzania exported $2.1M to Guatemala. The main products that Tanzania exported to Guatemala were Non-fillet Frozen Fish ($1.28M), Other Oily Seeds ($772k), and Non-Knit Men's Suits ($31.5k). Over the past 8 years the exports of Tanzania to Guatemala have increased at an annualized rate of 183%, from $513 in 2015 to $2.1M in 2023.

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

Guatemala-Tanzania Trade: In 2023, Guatemala exported $51.7k to Tanzania. The main products that Guatemala exported to Tanzania were Centrifuges ($26.7k), Laboratory Ceramic Ware ($14.7k), and Hard Liquor ($3.84k). Over the past 8 years the exports of Guatemala to Tanzania have decreased at an annualized rate of 50.4%,  from $1.72M in 2015 to $51.7k in 2023.

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

Comparison: In 2023,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B). 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 2023, Tanzania exported $2.1M to Guatemala. The main products exported from Tanzania to Guatemala were Non-fillet Frozen Fish ($1.28M), Other Oily Seeds ($772k), and Non-Knit Men's Suits ($31.5k). During the last 8 years the exports of Tanzania to Guatemala have increased at an annualized rate of 183%, from $513 in 2015 to $2.1M in 2023.

In 2018, Guatemala exported $51.7k to Tanzania. The main products exported from Guatemala to Tanzania were Centrifuges ($26.7k), Laboratory Ceramic Ware ($14.7k), and Hard Liquor ($3.84k). During the last 5 years the exports of Guatemala to Tanzania have decreased at an annualized rate of 50.4%, from $1.72M in 2023 to $51.7k in 2018.

Exports from Tanzania (Flag) to Guatemala (Flag) (2023)

Exports from Guatemala (Flag) to Tanzania (Flag) (2023)

Latest Data

Trade between Tanzania (Flag) and Guatemala (Flag)

Guatemala Exports

Market Competitiveness

Color
Tanzania
Top Destination
India$1.74B
Guatemala
Top Destination
United States$5.16B

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

In 2023, countries that imported more from Tanzania than Guatemala included India ($1.74B), United Arab Emirates ($1.62B), and Uganda ($1.35B).

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

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

Comparative Advantage Tanzania - Guatemala

Flow
Scale

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

During 2023, Tanzania had a large net trade with Guatemala in the exports of Animal Products ($1.28M), Vegetable Products ($773k), and Textiles ($40.3k).

During 2018, Guatemala had a large net trade with Tanzania in the exports of Machines ($27.7k), Stone And Glass ($15.6k), and Foodstuffs ($3.84k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Guatemala+$348kOther Oily Seeds
Top Product Potential Guatemala Tanzania+$22.3kScented Mixtures

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

Product Space of Tanzania (Flag) and Guatemala (Flag) (2023)

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