Guyana (GUY) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Guyana-Guatemala Trade: In 2022, Guyana exported $577k to Guatemala. The main products that Guyana exported to Guatemala were Rice ($318k), Prepared Cereals ($165k), and Interchangeable Tool Parts ($45.2k). Over the past 5 years the exports of Guyana to Guatemala have decreased at an annualized rate of 11.8%, from $1.08M in 2017 to $577k in 2022.

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

Guatemala-Guyana Trade: In 2022, Guatemala exported $9.21M to Guyana. The main products that Guatemala exported to Guyana were Raw Sugar ($2.2M), Soups and Broths ($1.86M), and Refrigerators ($1.18M). Over the past 5 years the exports of Guatemala to Guyana have increased at an annualized rate of 2.3%, from $7.51M in 2017 to $9.21M in 2022.

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

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index. 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, Guyana exported $577k to Guatemala. The main products exported from Guyana to Guatemala were Rice ($318k), Prepared Cereals ($165k), and Interchangeable Tool Parts ($45.2k). During the last 5 years the exports of Guyana to Guatemala have decreased at an annualized rate of 11.8%, from $1.08M in 2017 to $577k in 2022.

In 2017, Guatemala exported $9.21M to Guyana. The main products exported from Guatemala to Guyana were Raw Sugar ($2.2M), Soups and Broths ($1.86M), and Refrigerators ($1.18M). During the last 5 years the exports of Guatemala to Guyana have increased at an annualized rate of 2.3%, from $7.51M in 2022 to $9.21M in 2017.

Exports from Guyana () to Guatemala () (2022)

Exports from Guatemala () to Guyana () (2022)

Latest Data

Trade between Guyana () and Guatemala ()

Guyana Exports

Date

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Guyana than Guatemala included Panama ($5.84B), Netherlands ($2.86B), and United Arab Emirates ($1.18B).

In 2022, countries that imported more from Guatemala than Guyana included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

Difference in imports from Guatemala () and Guyana () (2022)

Comparative Advantage Guyana - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Guatemala in the exports of Vegetable Products ($318k), Foodstuffs ($165k), and Metals ($79.2k).

During 2017, Guatemala had a large net trade with Guyana in the exports of Foodstuffs ($5.15M), Chemical Products ($2.01M), and Machines ($1.21M).

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

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Historical Data

Bilateral Trade by Products

Exports from Guyana () to Guatemala () (2022)

Exports from Guatemala () to Guyana () (2022)

Latest Data

Trade between Guyana () and Guatemala ()

Guyana Exports

Guatemala Exports

Market Competitiveness

Difference in imports from Guatemala () and Guyana () (2022)

Comparative Advantage Guyana - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guyana () and Guatemala () (2022)

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