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Pricing

2022
Flag → Flag
Exports $31.6MRnk 82 / 208
2022
Flag → Flag
Top Product $6.06MUncoated Paper
2022
Flag → Flag
Exports $5.11MRnk 78 / 162
2022
Flag → Flag
Top Product $1.56MCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Portugal-Guatemala Trade: In 2022, Portugal exported $31.6M to Guatemala. The main products that Portugal exported to Guatemala were Uncoated Paper ($6.06M), Industrial Printers ($2.82M), and Dyeing Finishing Agents ($2.56M). Over the past 5 years the exports of Portugal to Guatemala have increased at an annualized rate of 7.15%, from $22.4M in 2017 to $31.6M in 2022.

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

Guatemala-Portugal Trade: In 2022, Guatemala exported $5.11M to Portugal. The main products that Guatemala exported to Portugal were Coffee ($1.56M), Crustaceans ($1.35M), and Processed Crustaceans ($787k). Over the past 5 years the exports of Guatemala to Portugal have decreased at an annualized rate of 24.6%,  from $20.9M in 2017 to $5.11M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €1.98M and imported €35k from Guatemala, resulting in a positive trade balance of €1.95M. Between June 2023 and June 2024 the exports of Portugal have increased by €244k (14%) from €1.74M to €1.98M, while imports decreased by €-354k (-91%) from €389k to €35k.

Trade In June 2024, the top exports of Portugal to Guatemala were Machinery, mechanical appliances, & parts (€179k), Cork & cork articles (€162k), Iron & steel (€149k), Edible fruits, nuts & fruit peels (€67.1k), and Ceramic products (€44.3k). In June 2024 the top imports of Portugal from Guatemala were Coffee, tea, mate & spices (€205k), Knitted clothing accesories (€620), Non-knitted clothing accesories (€585), Miscellaneous edible preparations (€70), and Cotton (€46).

Growth In June 2024, the increase in Portugal's year-by-year exports to Guatemala was explained primarily by an increase in product exports in Cork & cork articles (€101k or 167%), Edible fruits, nuts & fruit peels (€49.3k or 276%), and Electrical machinery and electronics (€8.11k or 78.4%). In June 2024, the decrease in Portugal's year-by-year imports  from Guatemala was explained primarily by an decrease in product imports  in Fish, crustaceans, & molluscs (€-124k or -100%), Preparations of fish, crustacenas, & molluscs (€-111k or -100%), and Rubber & articles thereof (€-59k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€244k(14%)
IMPORT GROWTH (June 2023 - June 2024)€-354k(-91%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Guatemala and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guatemala and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $31.6M to Guatemala. The main products exported from Portugal to Guatemala were Uncoated Paper ($6.06M), Industrial Printers ($2.82M), and Dyeing Finishing Agents ($2.56M). During the last 5 years the exports of Portugal to Guatemala have increased at an annualized rate of 7.15%, from $22.4M in 2017 to $31.6M in 2022.

In 2017, Guatemala exported $5.11M to Portugal. The main products exported from Guatemala to Portugal were Coffee ($1.56M), Crustaceans ($1.35M), and Processed Crustaceans ($787k). During the last 5 years the exports of Guatemala to Portugal have decreased at an annualized rate of 24.6%, from $20.9M in 2022 to $5.11M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Portugal than Guatemala included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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

Comparative Advantage Portugal - Guatemala

Flow
Scale

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

During 2022, Portugal had a large net trade with Guatemala in the exports of Machines ($7.84M), Paper Goods ($6.19M), and Chemical Products ($4.77M).

During 2017, Guatemala had a large net trade with Portugal in the exports of Vegetable Products ($1.83M), Animal Products ($1.56M), and Foodstuffs ($1.28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Guatemala+$2.19MPackaged Medicaments
Top Product Potential Guatemala Portugal+$2.3MCoffee

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

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

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