Guatemala-Dominican Rep. Bilateral Trade Analysis 2023
Complete trade statistics: $252.47M total volume •Guatemala surplus: $252.47M
Guatemala → Dominican Rep.
$252.47M
Exports (2023)
Dominican Rep. → Guatemala
$0
Imports (2023)
Trade Balance
$252.47M
Surplus for Guatemala
Total Trade
$252.47M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Guatemala and Dominican Rep.. Green line shows exports from Guatemala, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Guatemala-Dominican Rep. commercial relationship and competitive positioning in global markets.
Guatemala → Dominican Rep. Exports
Export Market Intelligence
🎯 Strategic Export Focus
Guatemala's export portfolio to Dominican Rep. demonstrates strategic specialization, with washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale representing a key competitive advantage in this bilateral market.
Dominican Rep. → Guatemala Imports
Import Dependency Profile
📦 Import Strategy Analysis
Guatemala's import pattern from Dominican Rep. reveals significant dependencyin medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Guatemala demonstrates competitive strength in exportingwashing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale to Dominican Rep., leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $252.47M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Guatemala-Dominican Rep. Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $252.47 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Guatemala maintains a surplus of $252.47 million
- Export Focus: Guatemala's primary exports include washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, sugar confectionery: (excluding chewing gum, including white chocolate), not containing cocoa
- Import Dependencies: Key imports from Dominican Rep. include medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, meat: of bovine animals, boneless cuts, frozen, electrical apparatus: automatic circuit breakers, for a voltage not exceeding 1000 volts
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $252.47M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Guatemala leveraging its comparative advantages in washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Guatemala's specialization in washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail salecomplements Dominican Rep.'s demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $252.47M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $252.47M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $252.47 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale and medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Guatemala's trade surplus of $252.47 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Guatemala and Dominican Rep. represents a total trade volume of $252.47 million in 2023. This partnership demonstrates a favorable trade balance for Guatemala, with exports exceeding importsby $252.47 million.
Export Strengths
Guatemala's exports to Dominican Rep. total $252.47 million, with competitive advantages in washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale, representing $16.28M or6.4% of bilateral exports.
Import Dependencies
Imports from Dominican Rep. amount to $0.00, highlighting economic interdependence in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, with Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Guatemala's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Guatemala and Dominican Rep. in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023