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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202110

 1.  Overview the trade of GUATEMALA in goods current year until 202110

According to Dalian Infobank, in 202110GUATEMALA's exports and imports of goods amounted to 3625.7207 million, and were up 39.34% comparing with the same period of last year. Among these, exports were up 20.13% at 1118.8594 million, and imports were up 50.05% at 2506.8613 million. And the corresponding trade deficit was 1388.0018 million and up 87.74%.

During the current year until 202110, GUATEMALA's total exports and imports of goods were 32579.1751 million and were up 35.62% comparing to the same period of last year. Among these, exports were 11180.9815 million and up 20.49%; imports were 21398.1936 million and up 45.15%. The total trade deficit was 10217.2121 million and up 87.02%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202110, GUATEMALA's imports and exports to five countries/territories were 10802.5979 million, 3272.1108 million, 2781.7419 million, 2500.5546 million, 1735.3103 million. These values correspond to 33.16%, 10.04%, 8.54%, 7.68%, 5.33% of GUATEMALA's imports and exports, and, respectively, were up 36.59%, up 63.57%, up 31.80%, up 34.87%, up 39.05% comparing to the same period of last year.

Current year until 202110, GUATEMALA and the top five trade partners UNITED STATES, EL SALVADOR, HONDURAS, NICARAGUA, MEXICO are the top five countries/territories that GUATEMALA exports to in terms of the total export amount. During the current year until 202110, GUATEMALA's exports to these five countries/territories were 3522.9767 million, 1401.5230 million, 1142.4242 million, 690.7428 million, 491.4939 million. These values correspond to 31.51%, 12.53%, 10.22%, 6.18%, 4.40% of GUATEMALA's exports and, respectively, were up 21.70%, up 31.00%, up 36.54%, up 27.47%, up 31.03% comparing with the same period of last year.

Current year until 202110, GUATEMALA's exports to top five countries/territories UNITED STATES, CHINA, MEXICO, EL SALVADOR, COSTA RICA are the top five countries/territories that GUATEMALA imports from in terms of the total export amount. During the current year until 202110, GUATEMALA's imports from these five countries/territories were 7279.6212 million, 2985.2889 million, 2290.2479 million, 1099.0315 million, 663.4504 million. These values correspond to 34.02%, 13.95%, 10.70%, 5.14%, 3.10% of GUATEMALA's total imports and, respectively, were up 45.19%, up 64.87%, up 31.97%, up 40.16%, up 19.16% comparing with the same period of last year.

During the current year until 202110, the trade surplus of GUATEMALA was mainly from HONDURAS, NICARAGUA, EL SALVADOR, NETHERLANDS, DOMINICAN REPUBLIC at 549.5381 million, 545.8115 million, 302.4915 million, 182.8787 million, 133.3455 million, and up 29.18%, up 29.10%, up 5.86%, down 5.77%, up 27.95%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, INDIA, COLOMBIA at 3756.6445 million, 2698.4669 million, 1798.7540 million, 396.7330 million, 357.8110 million, and up 77.27%, up 66.49%, up 32.23%, up 83.63%, up 13.00%.

Current year until 202110, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202110,  commodities with hs2 codes, 27, 39, 84, 85, 87, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 3479.7285 million, 1800.1922 million, 1779.5489 million, 1745.4687 million, 1681.9790 million, which were up 79.13%, up 52.55%, up 48.95%, up 31.87%, up 70.36% comparing with the same period of last year and account for 10.68%, 5.53%, 5.46%, 5.36%, 5.16% of GUATEMALA's total imports and exports.

During the current year until 202110, 09, 61, 08, 15, 17 were GUATEMALA's top five traded commodities, with total import and export values of 1288.6261 million, 1166.7518 million, 1059.8541 million, 729.3273 million, 552.6144 million. These values correspond to 11.53%, 10.44%, 9.48%, 6.52%, 4.94% of GUATEMALA's total exports and, respectively, were up 0.22%, up 35.13%, up 3.04%, up 58.32%, down 9.01% comparing to the same period of last year.

During the current year until 202110, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 3193.4606 million, 1672.1823 million, 1644.5135 million, 1633.6458 million, 1380.1165 million. These values correspond to 14.92%, 7.81%, 7.69%, 7.63%, 6.45% of GUATEMALA's total exports and, respectively, were up 85.36%, up 32.03%, up 46.99%, up 70.53%, up 56.31% comparing to the same period of last year.


2. Current year until 202110, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202110, GUATEMALA-China binational exports and imports of goods amounted to 3272.1108 million and were up 63.57% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 286.8220 million and up 51.08%, imports from China to GUATEMALA were 2985.2889 million and up 64.87%. The total binational trade deficit was 2698.4669 million and up 66.49%.

During the urrent year until 202110, commodities with hs2 code, 72, 85, 84, 87, 39, were binational trade's top five traded commodities. They correspond to import and export values of 521.0347 million, 358.1143 million, 322.6885 million, 278.5016 million, 182.3007 million and makes up 15.92%, 10.94%, 9.86%, 8.51%, 5.57% of the total binational imports and exports. These values were also up 87.54%, up 72.92%, up 76.06%, up 105.74%, up 101.25% comparing to the same period last year.

During the current year until 202110, 72, 09, 26, 08, 61 were the top five traded commodities exported to China from GUATEMALA, with export values of 169.7914 million, 65.3159 million, 19.6752 million, 15.2295 million, 5.2854 million. These values account for 59.20%, 22.77%, 6.86%, 5.31%, 1.84% of GUATEMALA's total exports and were up 20.93%, up 248.45%, up 190.58%, up 88.14%, up 100.69% comparing to the same period of last year.

During the current year until 202110, 85, 72, 84, 87, 39 were GUATEMALA's top five traded commodities importing from China , with import values of 358.1136 million, 351.2433 million, 322.6882 million, 278.5012 million, 182.2302 million. These values account for 12.00%, 11.77%, 10.81%, 9.33%, 6.10% of GUATEMALA's total imports and were up 72.93%, up 155.60%, up 76.07%, up 105.78%, up 101.59% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute