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Pricing

2018
Flag → Flag
Exports $140kRnk 180 / 0
2018
Flag → Flag
Exports $324kRnk 92 / 127
2018
Flag → Flag
Top Product $287kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 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$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Guatemala-Iran Trade: In 2018, Guatemala exported $140k to Iran. The main products that Guatemala exported to Iran were N/A. Over the past 5 years the exports of Guatemala to Iran have increased at an annualized rate of 14.7%, from $70.3k in 2013 to $140k in 2018.

In 2018, Guatemala did not export any services to Iran.

Iran-Guatemala Trade: In 2018, Iran exported $324k to Guatemala. The main products that Iran exported to Guatemala were Packaged Medicaments ($287k), Knotted Carpets ($28.4k), and Interchangeable Tool Parts ($2.26k). Over the past 5 years the exports of Iran to Guatemala have increased at an annualized rate of 2.11%,  from $205k in 2013 to $324k in 2018.

In 2018, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Guatemala exported $140k to Iran. There were not main exports from Guatemala to Iran in 2018. During the last 5 years the exports of Guatemala to Iran have increased at an annualized rate of 14.7%, from $70.3k in 2013 to $140k in 2018.

In 2017, Iran exported $324k to Guatemala. The main products exported from Iran to Guatemala were Packaged Medicaments ($287k), Knotted Carpets ($28.4k), and Interchangeable Tool Parts ($2.26k). During the last 5 years the exports of Iran to Guatemala have increased at an annualized rate of 2.11%, from $205k in 2022 to $324k in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Iran (Flag)

Guatemala Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Iran
Top DestinationChina$5.72B

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

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

In 2022, countries that imported more from Iran than Guatemala included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Guatemala - Iran

Flow
Scale

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

During 2018, Guatemala had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Guatemala in the exports of Chemical Products ($287k), Textiles ($28.4k), and Metals ($2.26k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Iran+$4.34kPalm Oil
Top Product Potential Iran Guatemala+$247kPackaged 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 Iran. This means that a dot/product with the flag of Guatemala indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Guatemala.

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

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