Gabon (GAB) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Gabon-Guatemala Trade: In 2022, Gabon exported $32.4k to Guatemala. The main products that Gabon exported to Guatemala were Ink ($32.1k), Ball Bearings ($240), and Hand Tools ($104). Over the past 7 years the exports of Gabon to Guatemala have increased at an annualized rate of 5.67%, from $22k in 2015 to $32.4k in 2022.

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

Guatemala-Gabon Trade: In 2022, Guatemala exported $7.81k to Gabon. The main products that Guatemala exported to Gabon were N/A. Over the past 7 years the exports of Guatemala to Gabon have decreased at an annualized rate of 4.91%, from $10k in 2015 to $7.81k in 2022.

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

Comparison: In 2022, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). 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, Gabon exported $32.4k to Guatemala. The main products exported from Gabon to Guatemala were Ink ($32.1k), Ball Bearings ($240), and Hand Tools ($104). During the last 7 years the exports of Gabon to Guatemala have increased at an annualized rate of 5.67%, from $22k in 2015 to $32.4k in 2022.

In 2016, Guatemala exported $7.81k to Gabon. There were not main exports from Guatemala to Gabon in 2016. During the last 5 years the exports of Guatemala to Gabon have decreased at an annualized rate of 4.91%, from $10k in 2021 to $7.81k in 2016.

Exports from Gabon () to Guatemala () (2022)

Exports from Guatemala () to Gabon () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Gabon than Guatemala included China ($3.4B), India ($527M), and South Korea ($617M).

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

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

Comparative Advantage Gabon - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gabon had a large net trade with Guatemala in the exports of Chemical Products ($32.1k), Machines ($240), and Metals ($104).

During 2016, Guatemala had a large net trade with Gabon in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Guatemala+$3.42kRefined Petroleum

Top Product Potential Guatemala Gabon+$1.81kPackaged 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Gabon () to Guatemala () (2022)

Exports from Guatemala () to Gabon () (2022)

Market Competitiveness

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

Comparative Advantage Gabon - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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