Guatemala-Portugal Bilateral Trade Analysis 2023

Complete trade statistics: $0 total volume •Guatemala surplus: $0

GuatemalaPortugal

$0

Exports (2023)

PortugalGuatemala

$0

Imports (2023)

Trade Balance

$0

Surplus for Guatemala

Total Trade

$0

Combined Volume

Trade Flow Visualization

Direct trade relationship between Guatemala and Portugal. 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-Portugal commercial relationship and competitive positioning in global markets.

GuatemalaPortugal Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter
$1.36M
Infinity% of exports
2Fruit, edible: bananas, other than plantains, fresh or dried
$791,710
Infinity% of exports
3Crustacean preparations: shrimps and prawns, prepared or preserved, in airtight containers
$279,175
Infinity% of exports
4Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
$277,628
Infinity% of exports
5Coffee: not roasted or decaffeinated
$259,322
Infinity% of exports

🎯 Strategic Export Focus

Guatemala's export portfolio to Portugal demonstrates strategic specialization, with sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter representing a key competitive advantage in this bilateral market.

PortugalGuatemala Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Iron or non-alloy steel: wire, (not plated or coated), whether or not polished
$2.41M
Infinity% of imports
2Stone: calcareous (excluding marble, travertine, alabaster) articles thereof, (other than simply cut or sawn, with a flat or even surface)
$1.10M
Infinity% of imports
3Cork: corks and stoppers, of natural cork
$1.04M
Infinity% of imports
4Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$966,309
Infinity% of imports
5Finishing agents and dye carriers: to accelerate dyeing or fixing of dye-stuffs, other products and preparations, used in the textile industry (excluding those with a basis of amylaceous substances)
$961,937
Infinity% of imports

📦 Import Strategy Analysis

Guatemala's import pattern from Portugal reveals strategic sourcingin iron or non-alloy steel: wire, (not plated or coated), whether or not polished, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Guatemala demonstrates competitive strength in exportingsugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter to Portugal, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsperfectcomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $0 trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Guatemala-Portugal Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $0.00representing a significant bilateral economic relationship
  • Trade Balance: Guatemala maintains a surplus of $0.00
  • Export Focus: Guatemala's primary exports include sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, fruit, edible: bananas, other than plantains, fresh or dried, crustacean preparations: shrimps and prawns, prepared or preserved, in airtight containers
  • Import Dependencies: Key imports from Portugal include iron or non-alloy steel: wire, (not plated or coated), whether or not polished, stone: calcareous (excluding marble, travertine, alabaster) articles thereof, (other than simply cut or sawn, with a flat or even surface), cork: corks and stoppers, of natural cork

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 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 $0 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 sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter.

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

1

Comparative Advantage

Guatemala's specialization in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring mattercomplements Portugal's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in iron or non-alloy steel: wire, (not plated or coated), whether or not polished.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $0 bilateral relationship.

Trade Pattern Insights

Trade ComplementarityBalanced
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $0 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 $0.00 bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter and iron or non-alloy steel: wire, (not plated or coated), whether or not polished demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Guatemala's trade surplus of $0.00 strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in fruit, edible: bananas, other than plantains, fresh or dried present expansion opportunities.
Market Diversification
Beyond current focus on iron or non-alloy steel: wire, (not plated or coated), whether or not polished, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter may affect future market positioning.

🎯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 Portugal represents a total trade volume of $0.00 in 2023. This partnership demonstrates a favorable trade balance for Guatemala, with exports exceeding importsby $0.00.

Export Strengths

Guatemala's exports to Portugal total $0.00, with competitive advantages in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, representing $1.36M orInfinity% of bilateral exports.

Import Dependencies

Imports from Portugal amount to $0.00, highlighting economic interdependence in iron or non-alloy steel: wire, (not plated or coated), whether or not polished, with Iron or non-alloy steel: wire, (not plated or coated), whether or not polished 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 Portugal in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023