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2022
Flag → Flag
Exports $456MRnk 55 / 152
2022
Flag → Flag
Top Product $191MVideo Displays
2022
Flag → Flag
Exports $5.12MRnk 77 / 162
2022
Flag → Flag
Top Product $2.34MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Vietnam-Guatemala Trade: In 2022, Vietnam exported $456M to Guatemala. The main products that Vietnam exported to Guatemala were Video Displays ($191M), Cement ($55.9M), and Non-Retail Mixed Cotton Yarn ($27.1M). Over the past 5 years the exports of Vietnam to Guatemala have increased at an annualized rate of 37.2%, from $93.9M in 2017 to $456M in 2022.

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

Guatemala-Vietnam Trade: In 2022, Guatemala exported $5.12M to Vietnam. The main products that Guatemala exported to Vietnam were Non-fillet Frozen Fish ($2.34M), Rough Wood ($857k), and Recovered Paper ($591k). Over the past 5 years the exports of Guatemala to Vietnam have decreased at an annualized rate of 11.2%,  from $9.25M in 2017 to $5.12M in 2022.

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

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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, Vietnam exported $456M to Guatemala. The main products exported from Vietnam to Guatemala were Video Displays ($191M), Cement ($55.9M), and Non-Retail Mixed Cotton Yarn ($27.1M). During the last 5 years the exports of Vietnam to Guatemala have increased at an annualized rate of 37.2%, from $93.9M in 2017 to $456M in 2022.

In 2017, Guatemala exported $5.12M to Vietnam. The main products exported from Guatemala to Vietnam were Non-fillet Frozen Fish ($2.34M), Rough Wood ($857k), and Recovered Paper ($591k). During the last 5 years the exports of Guatemala to Vietnam have decreased at an annualized rate of 11.2%, from $9.25M in 2022 to $5.12M in 2017.

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

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

Latest Data

Trade between Vietnam (Flag) and Guatemala (Flag)

Guatemala Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Vietnam than Guatemala included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

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

Comparative Advantage Vietnam - Guatemala

Flow
Scale

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

During 2022, Vietnam had a large net trade with Guatemala in the exports of Machines ($244M), Textiles ($66.1M), and Mineral Products ($55.9M).

During 2017, Guatemala had a large net trade with Vietnam in the exports of Animal Products ($2.34M), Wood Products ($857k), and Paper Goods ($592k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Guatemala+$35.4MTelephones
Top Product Potential Guatemala Vietnam+$873kNon-fillet Frozen Fish

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

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

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