{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:00.092Z",
  "seo": {
    "title": "Nigeria exports to Guatemala: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Nigeria to Guatemala, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "NGA",
    "country_name": "Nigeria"
  },
  "importer": {
    "iso3": "GTM",
    "country_name": "Guatemala"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "NGA",
    "importer_iso3": "GTM",
    "all_history_lane_count": 7,
    "current_lane_count": 2,
    "current_product_count": 2,
    "first_observed_last_year": 2005,
    "latest_data_year": 2024,
    "current_trade_usd": 387642.01805960364,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 238234.48028592434,
    "unrecovered_drawdown_trade_usd": 238234.48028592434,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 387642.01805960364,
    "access_friction_trade_usd": 387642.01805960364,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 1,
    "unrecovered_drawdown_lane_count": 1,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 2,
    "access_friction_lane_count": 2,
    "trade_weighted_volatility_cv": 0.8273841356568187,
    "trade_weighted_below_peak_pct": 60.73870257479299,
    "product_concentration_hhi": 5262.5413656326,
    "top1_product_share_pct": 61.45734187393832,
    "top3_product_share_pct": 100,
    "top_product_hs6": "550320",
    "top_product_trade_usd": 238234.48028592434,
    "top_product_description": "Fibres: synthetic staple fibres, of polyesters, not carded, combed or otherwise processed for spinning",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 10261.9130859375,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 8.8966810369697,
    "avg_mfn_tariff_pct": 8.8966810369697,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 15,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 85986.321551,
    "buyer_gdp_pc_latest": 5026,
    "buyer_population_latest": 17109.747,
    "buyer_gdp_5y_cagr_pct": 7.963421520392089,
    "buyer_gdp_pc_5y_cagr_pct": 6.390193560081858,
    "buyer_population_5y_cagr_pct": 1.4787339957434753,
    "buyer_investment_5y_avg_pct": 17.206,
    "buyer_savings_5y_avg_pct": 4.184,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 85986.321551,
    "buyer_gdp_pc_2024": 5026,
    "buyer_population_2024": 17109.747
  },
  "history": [
    {
      "year": 2002,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 6625.339378079932,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2004,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 16174.365964134158,
      "yoy_growth_pct": 144.12886708335836,
      "cagr_3y_pct": null
    },
    {
      "year": 2005,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 35997.67018556403,
      "yoy_growth_pct": 122.56000801136224,
      "cagr_3y_pct": null
    },
    {
      "year": 2006,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 15564574.917839848,
      "yoy_growth_pct": 43137.72854633696,
      "cagr_3y_pct": 1229.3613407571952
    },
    {
      "year": 2007,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 23313226.802046698,
      "yoy_growth_pct": 49.78389660565339,
      "cagr_3y_pct": 1029.6009296732648
    },
    {
      "year": 2008,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 30951928.97938825,
      "yoy_growth_pct": 32.76552938038992,
      "cagr_3y_pct": 850.9064112655792
    },
    {
      "year": 2009,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 2062610.525480927,
      "yoy_growth_pct": -93.33608407135311,
      "cagr_3y_pct": -49.016851146308525
    },
    {
      "year": 2010,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 30749208.131215423,
      "yoy_growth_pct": 1390.7908086062835,
      "cagr_3y_pct": 9.667307865768304
    },
    {
      "year": 2011,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 8561381.42219024,
      "yoy_growth_pct": -72.15739219801549,
      "cagr_3y_pct": -34.84435597116594
    },
    {
      "year": 2012,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 18642414.835439183,
      "yoy_growth_pct": 117.7500792935112,
      "cagr_3y_pct": 108.30273842593043
    },
    {
      "year": 2013,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 457108.5759412368,
      "yoy_growth_pct": -97.5480184301431,
      "cagr_3y_pct": -75.41170144618891
    },
    {
      "year": 2014,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 210361.08798269182,
      "yoy_growth_pct": -53.98006096264214,
      "cagr_3y_pct": -70.92807067877189
    },
    {
      "year": 2015,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 810400.9453526157,
      "yoy_growth_pct": 285.24279995133617,
      "cagr_3y_pct": -64.83861903027876
    },
    {
      "year": 2016,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 385929.2552333757,
      "yoy_growth_pct": -52.377985558068055,
      "cagr_3y_pct": -5.486007176214969
    },
    {
      "year": 2017,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 1060192.7616390986,
      "yoy_growth_pct": 174.71168543519417,
      "cagr_3y_pct": 71.45091564272963
    },
    {
      "year": 2018,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 7268947.174353464,
      "yoy_growth_pct": 585.6250521004683,
      "cagr_3y_pct": 107.77367650479749
    },
    {
      "year": 2019,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 9557340.919711541,
      "yoy_growth_pct": 31.48177707814501,
      "cagr_3y_pct": 191.48069220458518
    },
    {
      "year": 2020,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 1980024.293425483,
      "yoy_growth_pct": -79.28268636580933,
      "cagr_3y_pct": 23.148339789446304
    },
    {
      "year": 2021,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 2257694.9919048967,
      "yoy_growth_pct": 14.02360058921488,
      "cagr_3y_pct": -32.27776970270859
    },
    {
      "year": 2022,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 4095684.6544135245,
      "yoy_growth_pct": 81.4100075120356,
      "cagr_3y_pct": -24.607210732043505
    },
    {
      "year": 2023,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 94145.97685635125,
      "yoy_growth_pct": -97.70133726592209,
      "cagr_3y_pct": -63.77205088359362
    },
    {
      "year": 2024,
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "export_value_usd": 1232250.6760113637,
      "yoy_growth_pct": 1208.8723673147952,
      "cagr_3y_pct": -18.276944007447494
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "hs_code": "550320",
      "hs_description": "Fibres: synthetic staple fibres, of polyesters, not carded, combed or otherwise processed for spinning",
      "buyer_imports_latest_usd": 18696084.82096833,
      "current_below_peak_pct": 74.59133983418361,
      "lane_volatility_cv": 1.017508919883043,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "GTM",
      "hs_code": "700529",
      "hs_description": "Glass: float glass and surface ground or polished glass, in sheets, non-wired, (other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground)",
      "buyer_imports_latest_usd": 12222182.130913312,
      "current_below_peak_pct": 38.65028664038797,
      "lane_volatility_cv": 0.524224871843642,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "long_distance_without_fta",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "NGA",
    "importer_iso3": "GTM",
    "distance_km": 10258,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 85986.321551,
    "importer_gdp_per_capita_usd": 5025.575278874668,
    "importer_population": 17109.747,
    "importer_biz_entry_days": 15,
    "importer_biz_entry_cost_pct": 17.3,
    "exporter_gdp_million_usd": 440776.971536,
    "exporter_gdp_per_capita_usd": 2085.030695738767,
    "avg_applied_tariff_pct": 8.8966810369697,
    "avg_mfn_tariff_pct": 8.8966810369697,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/NGA-GTM/risk",
    "html": "https://www.yugalinks.com/trade/corridor/NGA-GTM/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/NGA-GTM/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/NGA-GTM/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/NGA-GTM/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}