2022
Flag  
GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH
-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC 
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC
$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
Rnk 178 / 186

About

Guatemala-Japan Trade: In 2022, Guatemala exported $159M to Japan. The main products that Guatemala exported to Japan were Coffee ($121M), Nutmeg, mace and cardamons ($7.66M), and Other Oily Seeds ($6.45M). Over the past 5 years the exports of Guatemala to Japan have decreased at an annualized rate of 0.44%, from $163M in 2017 to $159M in 2022.

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

Japan-Guatemala Trade: In 2022, Japan exported $535M to Guatemala. The main products that Japan exported to Guatemala were Cars ($188M), Delivery Trucks ($116M), and Cold-Rolled Iron ($42.5M). Over the past 5 years the exports of Japan to Guatemala have increased at an annualized rate of 15.4%,  from $261M in 2017 to $535M in 2022.

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

Comparison: In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $159M to Japan. The main products exported from Guatemala to Japan were Coffee ($121M), Nutmeg, mace and cardamons ($7.66M), and Other Oily Seeds ($6.45M). During the last 5 years the exports of Guatemala to Japan have decreased at an annualized rate of 0.44%, from $163M in 2017 to $159M in 2022.

In 2017, Japan exported $535M to Guatemala. The main products exported from Japan to Guatemala were Cars ($188M), Delivery Trucks ($116M), and Cold-Rolled Iron ($42.5M). During the last 5 years the exports of Japan to Guatemala have increased at an annualized rate of 15.4%, from $261M in 2022 to $535M in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Japan (Flag)

Guatemala Exports

Japan Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
Japan
Top Destination
United States$137B

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

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

In 2022, countries that imported more from Japan than Guatemala included China ($135B), United States ($137B), and South Korea ($50.8B).

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

Comparative Advantage Guatemala - Japan

Flow
Scale

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

During 2022, Guatemala had a large net trade with Japan in the exports of Vegetable Products ($149M), Textiles ($3.52M), and Mineral Products ($2.23M).

During 2017, Japan had a large net trade with Guatemala in the exports of Transportation ($359M), Metals ($69.4M), and Machines ($57.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Japan+$12.2MBananas
Top Product Potential Japan Guatemala+$37.6MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with