2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186

About

Israel-Guatemala Trade: In 2022, Israel exported $48.4M to Guatemala. The main products that Israel exported to Guatemala were Aluminium Foil ($6.1M), Pesticides ($5.62M), and Raw Plastic Sheeting ($3.14M). Over the past 5 years the exports of Israel to Guatemala have increased at an annualized rate of 8.88%, from $31.6M in 2017 to $48.4M in 2022.

In 2007, Israel exported services to Guatemala worth $610k, with Computer and information services ($610k) being the largest in terms of value.

Guatemala-Israel Trade: In 2022, Guatemala exported $17.4M to Israel. The main products that Guatemala exported to Israel were Nutmeg, mace and cardamons ($13.8M), Coffee ($1.83M), and Sowing Seeds ($785k). Over the past 5 years the exports of Guatemala to Israel have increased at an annualized rate of 17.5%,  from $7.76M in 2017 to $17.4M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $48.4M to Guatemala. The main products exported from Israel to Guatemala were Aluminium Foil ($6.1M), Pesticides ($5.62M), and Raw Plastic Sheeting ($3.14M). During the last 5 years the exports of Israel to Guatemala have increased at an annualized rate of 8.88%, from $31.6M in 2017 to $48.4M in 2022.

In 2017, Guatemala exported $17.4M to Israel. The main products exported from Guatemala to Israel were Nutmeg, mace and cardamons ($13.8M), Coffee ($1.83M), and Sowing Seeds ($785k). During the last 5 years the exports of Guatemala to Israel have increased at an annualized rate of 17.5%, from $7.76M in 2022 to $17.4M in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Guatemala (Flag)

Israel Exports

Guatemala Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from Israel than Guatemala included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

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

Comparative Advantage Israel - Guatemala

Flow
Scale

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

During 2022, Israel had a large net trade with Guatemala in the exports of Chemical Products ($14.6M), Plastics and Rubbers ($10.5M), and Machines ($7.31M).

During 2017, Guatemala had a large net trade with Israel in the exports of Vegetable Products ($17M), Foodstuffs ($345k), and Machines ($36.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Guatemala+$1.66MPesticides
Top Product Potential Guatemala Israel+$2.32MCoffee

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

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

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