2022
Flag  
GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
Flag
 GDP
$95BCURRENT US$
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2012-2022
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GDP GROWTH
91.6%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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2022
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GDP PC
$5,473CURRENT US$
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2012-2022
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GDP PC GROWTH
63.1%CURRENT US$
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About

Switzerland-Guatemala In 2022, Switzerland exported $74.7M to Guatemala. The main products that Switzerland exported to Guatemala are Iron Ingots ($9.97M), Packaged Medicaments ($7.2M), and Vitamins ($6.85M). During the last 27 years the exports of Switzerland to Guatemala have increased at an annualized rate of 5.19%, from $19.1M in 1995 to $74.7M in 2022.

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

Guatemala-Switzerland In 2022, Guatemala exported $43.2M to Switzerland. The main products that Guatemala exported to Switzerland were Coffee ($19.3M), Alcohol > 80% ABV ($13.5M), and Paintings ($3.09M). During the last 27 years the exports of Guatemala to Switzerland have increased at an annualized rate of 6.38%, from $8.12M in 1995 to $43.2M in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). 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, Switzerland exported $74.7M to Guatemala. The main products exported from Switzerland to Guatemala were Iron Ingots ($9.97M), Packaged Medicaments ($7.2M), and Vitamins ($6.85M). During the last 27 years the exports of Switzerland to Guatemala have increased at an annualized rate of 5.19%, from $19.1M in 1995 to $74.7M in 2022.

In 2022, Guatemala exported $43.2M to Switzerland. The main products exported from Guatemala to Switzerland were Coffee ($19.3M), Alcohol > 80% ABV ($13.5M), and Paintings ($3.09M). During the last 27 years the exports of Guatemala to Switzerland have increased at an annualized rate of 6.38%, from $8.12M in 1995 to $43.2M in 2022.

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

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

Latest Data

Trade between Switzerland (Flag) and Guatemala (Flag)

Switzerland Exports

Guatemala Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Guatemala
Top Destination
United States$5.23B

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

In 2021, countries that imported more from Switzerland than Guatemala were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2021, countries that imported more from Guatemala than Switzerland were El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

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

Comparative Advantage Switzerland - Guatemala

Flow
Scale

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

During 2022, Switzerland had a large net trade with Guatemala in the exports of Chemical Products ($30.5M), Metals ($11.9M), and Machines ($11.5M).

During 2022, Guatemala had a large net trade with Switzerland in the exports of Vegetable Products ($20.5M), Foodstuffs ($15.4M), and Arts and Antiques ($3.09M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Switzerland has comparative advantage over Guatemala. Similarly, the more yellow a dot/product is, the more Guatemala has comparative advantage over Switzerland.

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

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