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2022
Flag → Flag
Exports $35.1MRnk 95 / 218
2022
Flag → Flag
Top Product $6.16MPackaged Medicaments
2022
Flag → Flag
Exports $4.16MRnk 87 / 162
2022
Flag → Flag
Top Product $2.94MMolasses
2022
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Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
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Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
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GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH20.9%CURRENT US$
Rnk 120 / 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 $66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 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

Denmark-Guatemala In 2022, Denmark exported $35.1M to Guatemala. The main products that Denmark exported to Guatemala are Packaged Medicaments ($6.16M), Enzymes ($4.21M), and Industrial Food Preperation Machinery ($2.73M). During the last 27 years the exports of Denmark to Guatemala have increased at an annualized rate of 4.47%, from $10.8M in 1995 to $35.1M in 2022.

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

Guatemala-Denmark In 2022, Guatemala exported $4.16M to Denmark. The main products that Guatemala exported to Denmark were Molasses ($2.94M), Other live plants, cuttings and slips; mushroom spawn ($376k), and Coffee ($340k). During the last 27 years the exports of Guatemala to Denmark have increased at an annualized rate of 2.27%, from $2.27M in 1995 to $4.16M in 2022.

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

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). 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, Denmark exported $35.1M to Guatemala. The main products exported from Denmark to Guatemala were Packaged Medicaments ($6.16M), Enzymes ($4.21M), and Industrial Food Preperation Machinery ($2.73M). During the last 27 years the exports of Denmark to Guatemala have increased at an annualized rate of 4.47%, from $10.8M in 1995 to $35.1M in 2022.

In 2022, Guatemala exported $4.16M to Denmark. The main products exported from Guatemala to Denmark were Molasses ($2.94M), Other live plants, cuttings and slips; mushroom spawn ($376k), and Coffee ($340k). During the last 27 years the exports of Guatemala to Denmark have increased at an annualized rate of 2.27%, from $2.27M in 1995 to $4.16M in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Guatemala (Flag)

Denmark Exports

Guatemala Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Guatemala
Top DestinationUnited States$5.23B

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

In 2021, countries that imported more from Denmark than Guatemala were Germany ($18.9B), Sweden ($11.6B), and United States ($13.1B).

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

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

Comparative Advantage Denmark - Guatemala

Flow
Scale

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

During 2022, Denmark had a large net trade with Guatemala in the exports of Chemical Products ($12.5M), Machines ($8.6M), and Foodstuffs ($4.74M).

During 2022, Guatemala had a large net trade with Denmark in the exports of Foodstuffs ($3.18M), Vegetable Products ($798k), and Miscellaneous ($94k).

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

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

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