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Pricing

2022
Flag → Flag
Exports $141MRnk 18 / 162
2022
Flag → Flag
Top Product $85.3MRaw Sugar
2022
Flag → Flag
Exports $205MRnk 35 / 185
2022
Flag → Flag
Top Product $18.8MApples and Pears
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Guatemala-Chile Trade: In 2022, Guatemala exported $141M to Chile. The main products that Guatemala exported to Chile were Raw Sugar ($85.3M), Rubber ($27.2M), and Animal Food ($5.33M). Over the past 5 years the exports of Guatemala to Chile have increased at an annualized rate of 7.85%, from $96.5M in 2017 to $141M in 2022.

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

Chile-Guatemala Trade: In 2022, Chile exported $205M to Guatemala. The main products that Chile exported to Guatemala were Apples and Pears ($18.8M), Processed Cereals ($18.4M), and Sawn Wood ($16.3M). Over the past 5 years the exports of Chile to Guatemala have increased at an annualized rate of 10.9%,  from $122M in 2017 to $205M in 2022.

In 2009, Chile exported services to Guatemala worth $7.39M, with Transportation ($7.39M) being the largest in terms of value.

Comparison: In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $141M to Chile. The main products exported from Guatemala to Chile were Raw Sugar ($85.3M), Rubber ($27.2M), and Animal Food ($5.33M). During the last 5 years the exports of Guatemala to Chile have increased at an annualized rate of 7.85%, from $96.5M in 2017 to $141M in 2022.

In 2017, Chile exported $205M to Guatemala. The main products exported from Chile to Guatemala were Apples and Pears ($18.8M), Processed Cereals ($18.4M), and Sawn Wood ($16.3M). During the last 5 years the exports of Chile to Guatemala have increased at an annualized rate of 10.9%, from $122M in 2022 to $205M in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Chile (Flag)

Guatemala Exports

Chile Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Chile
Top DestinationChina$38.5B

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

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

In 2022, countries that imported more from Chile than Guatemala included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Guatemala - Chile

Flow
Scale

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

During 2022, Guatemala had a large net trade with Chile in the exports of Foodstuffs ($95.6M), Plastics and Rubbers ($28.3M), and Chemical Products ($7.53M).

During 2017, Chile had a large net trade with Guatemala in the exports of Vegetable Products ($54.2M), Paper Goods ($42.1M), and Foodstuffs ($35.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Chile+$2.18MAnimal Food
Top Product Potential Chile Guatemala+$1.62MPackaged Medicaments

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

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

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