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2022
Flag → Flag
Exports $436MRnk 89 / 223
2022
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Top Product $54.4MPackaged Medicaments
2022
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Exports $160MRnk 15 / 162
2022
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Top Product $45.3MCoffee
2022
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Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
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Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
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GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
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GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Germany-Guatemala In 2022, Germany exported $436M to Guatemala. The main products that Germany exported to Guatemala are Packaged Medicaments ($54.4M), Vaccines, blood, antisera, toxins and cultures ($24.5M), and Cars ($23.3M). During the last 27 years the exports of Germany to Guatemala have increased at an annualized rate of 4.26%, from $141M in 1995 to $436M in 2022.

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

Guatemala-Germany In 2022, Guatemala exported $160M to Germany. The main products that Guatemala exported to Germany were Coffee ($45.3M), Palm Oil ($26.3M), and Alcohol > 80% ABV ($17.6M). During the last 27 years the exports of Guatemala to Germany have increased at an annualized rate of 1.07%, from $120M in 1995 to $160M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Latest Trends

February, 2024

About

Overview In February 2024, Germany exported €40.4M and imported €18.3M from Guatemala, resulting in a positive trade balance of €22.1M. Between February 2023 and February 2024 the exports of Germany have increased by €13.3M (49.3%) from €27M to €40.4M, while imports increased by €9.44M (106%) from €8.87M to €18.3M.

Trade In February 2024, the top exports of Germany to Guatemala were Basic pharmaceutical products (€2.66M), Other machinery (€2.65M), Motor cars and motor caravans (€1.51M), Other chemical final products (€1.25M), and Medical, surgical equipment, orthopaedic apparatus (€1.22M). In February 2024 the top imports of Germany from Guatemala were Vegetable oils and fats (€6.86M), Unmanufactured tobacco and tobacco products (€4.97M), Tropical and subtropical fruits (€2.65M), Spirits (€1.72M), and Oilseed and oleaginous fruits (€770k).

Origins In February 2024 the exports of Germany were mainly from Baden-Württemberg (€8.34M), Bavaria (€6.42M), North Rhine-Westphalia (€4.99M), Rhineland-Pfalz (€3.07M), and Lower Saxony (€2.61M), while imports destinations were mainly Lower Saxony (€9.26M), Hamburg (€3.87M), Hesse (€1.69M), North Rhine-Westphalia (€1.27M), and Bavaria (€717k).

Growth In February 2024, the increase in Germany's year-by-year exports to Guatemala was explained primarily by an increase in product exports in Basic pharmaceutical products (€2.01M or 308%), Machinery for mining, quarrying and construction (€1.06M or 1.28k%), and Other mineral construction materials (€822k or 11.7k%). In February 2024, the increase in Germany's year-by-year imports  from Guatemala was explained primarily by an increase in product imports  in Unmanufactured tobacco and tobacco products (€4.89M or 6.27k%), Spirits (€1.25M or 266%), and Tropical and subtropical fruits (€840k or 46.5%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (February 2023 - February 2024)€13.3M(49.3%)
IMPORT GROWTH (February 2023 - February 2024)€9.44M(106%)
MAIN EXPORTER (February 2024)Baden-Württemberg€8.34M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $436M to Guatemala. The main products exported from Germany to Guatemala were Packaged Medicaments ($54.4M), Vaccines, blood, antisera, toxins and cultures ($24.5M), and Cars ($23.3M). During the last 27 years the exports of Germany to Guatemala have increased at an annualized rate of 4.26%, from $141M in 1995 to $436M in 2022.

In 2022, Guatemala exported $160M to Germany. The main products exported from Guatemala to Germany were Coffee ($45.3M), Palm Oil ($26.3M), and Alcohol > 80% ABV ($17.6M). During the last 27 years the exports of Guatemala to Germany have increased at an annualized rate of 1.07%, from $120M in 1995 to $160M in 2022.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Guatemala
Top DestinationUnited States$5.23B

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

In 2021, countries that imported more from Germany than Guatemala were United States ($153B), France ($120B), and China ($109B).

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

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

Comparative Advantage Germany - Guatemala

Flow
Scale

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

During 2022, Germany had a large net trade with Guatemala in the exports of Chemical Products ($167M), Machines ($107M), and Paper Goods ($32M).

During 2022, Guatemala had a large net trade with Germany in the exports of Vegetable Products ($74.6M), Foodstuffs ($37.8M), and Animal and Vegetable Bi-Products ($27.9M).

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 Germany has comparative advantage over Guatemala. Similarly, the more yellow a dot/product is, the more Guatemala has comparative advantage over Germany.

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

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