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2023
Flag → Flag
Exports $1.4MRnk 137 / 193
2023
Flag → Flag
Top Product $267kMetal Stoppers
2023
Flag → Flag
Exports $9.53MRnk 56 / 170
2023
Flag → Flag
Top Product $5.87MBananas
2023
Flag
Economic Complexity (ECI) ECI 0.39Rnk 47 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC $5,070CURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Ukraine-Guatemala Trade: In 2023, Ukraine exported $1.4M to Guatemala. The main products that Ukraine exported to Guatemala were Metal Stoppers ($267k), Thermostats ($180k), and Linseed ($131k). Over the past 5 years the exports of Ukraine to Guatemala have decreased at an annualized rate of 23.2%, from $5.22M in 2018 to $1.4M in 2023.

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

Guatemala-Ukraine Trade: In 2023, Guatemala exported $9.53M to Ukraine. The main products that Guatemala exported to Ukraine were Bananas ($5.87M), Coffee ($970k), and Other Processed Fruits and Nuts ($871k). Over the past 5 years the exports of Guatemala to Ukraine have decreased at an annualized rate of 26.8%,  from $45.4M in 2018 to $9.53M in 2023.

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

Comparison: In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). 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, Ukraine exported $1.4M to Guatemala. The main products exported from Ukraine to Guatemala were Metal Stoppers ($267k), Thermostats ($180k), and Linseed ($131k). During the last 5 years the exports of Ukraine to Guatemala have decreased at an annualized rate of 23.2%, from $5.22M in 2018 to $1.4M in 2023.

In 2018, Guatemala exported $9.53M to Ukraine. The main products exported from Guatemala to Ukraine were Bananas ($5.87M), Coffee ($970k), and Other Processed Fruits and Nuts ($871k). During the last 5 years the exports of Guatemala to Ukraine have decreased at an annualized rate of 26.8%, from $45.4M in 2023 to $9.53M in 2018.

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

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

Latest Data

Trade between Ukraine (Flag) and Guatemala (Flag)

Ukraine Exports

Guatemala Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$4.83B
Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Ukraine than Guatemala included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

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

Comparative Advantage Ukraine - Guatemala

Flow
Scale

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

During 2023, Ukraine had a large net trade with Guatemala in the exports of Machines ($436k), Metals ($369k), and Vegetable Products ($258k).

During 2018, Guatemala had a large net trade with Ukraine in the exports of Vegetable Products ($7.72M), Foodstuffs ($1.44M), and Mineral Products ($257k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Guatemala+$161kElectrical Control Boards
Top Product Potential Guatemala Ukraine+$767kBananas

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

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

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