Iraq (IRQ) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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In N/A, Iraq did not export any services to Guatemala.

Guatemala-Iraq Trade: In N/A, Guatemala exported $4.38M to Iraq. The main products that Guatemala exported to Iraq were Nutmeg, mace and cardamons ($2.87M), Citrus ($1.11M), and Pepper ($283k). Over the past N/A years the exports of Guatemala to Iraq have decreased at an annualized rate of 12.6%, from $9.8M in N/A to $4.38M in N/A.

In N/A, Guatemala did not export any services to Iraq.

Comparison: In 2022, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). 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

Iraq does not register exports to Guatemala. The main products exported from Iraq to Guatemala were Scissors ($80), Hair Trimmers ($80), and Confectionery Sugar ($9).

In 2017, Guatemala exported $4.38M to Iraq. The main products exported from Guatemala to Iraq were Nutmeg, mace and cardamons ($2.87M), Citrus ($1.11M), and Pepper ($283k). During the last 5 years the exports of Guatemala to Iraq have decreased at an annualized rate of 12.6%, from $9.8M in 2022 to $4.38M in 2017.

Exports from Iraq () to Guatemala () (2022)

Exports from Guatemala () to Iraq () (2022)

Latest Data

Trade between Iraq () and Guatemala ()

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Iraq than Guatemala included India ($38.8B), China ($34B), and South Korea ($8.21B).

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

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

Comparative Advantage Iraq - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Guatemala had a large net trade with Iraq in the exports of Vegetable Products ($4.34M) and Foodstuffs ($34.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Guatemala+$7.3kRefined Petroleum

Top Product Potential Guatemala Iraq+N/AN/A

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

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Historical Data

Bilateral Trade by Products

Exports from Iraq () to Guatemala () (2022)

Exports from Guatemala () to Iraq () (2022)

Latest Data

Trade between Iraq () and Guatemala ()

Guatemala Exports

Market Competitiveness

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

Comparative Advantage Iraq - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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