1. Overview the trade of GUATEMALA in goods current year until 202112
According to Dalian Infobank, in 202112, GUATEMALA's exports and imports of goods amounted to 3860.0249 million, and were up 23.98% comparing with the same period of last year. Among these, exports were down 1.63% at 1311.5784 million, and imports were up 43.17% at 2548.4466 million. And the corresponding trade deficit was 1236.8682 million and up 176.85%.
During the current year until 202112, GUATEMALA's total exports and imports of goods were 40200.2074 million and were up 35.04% comparing to the same period of last year. Among these, exports were 13594.2461 million and up 17.57%; imports were 26605.9613 million and up 46.14%. The total trade deficit was 13011.7153 million and up 95.89%.
If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202112, GUATEMALA's imports and exports to five countries/territories were 13309.7715 million, 4035.9014 million, 3395.8520 million, 3074.3096 million, 2135.6242 million. These values correspond to 33.11%, 10.04%, 8.45%, 7.65%, 5.31% of GUATEMALA's imports and exports, and, respectively, were up 35.76%, up 61.99%, up 31.35%, up 34.33%, up 40.98% comparing to the same period of last year.
Current year until 202112, 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 202112, GUATEMALA's exports to these five countries/territories were 4258.2196 million, 1730.8694 million, 1399.0243 million, 843.9007 million, 592.5896 million. These values correspond to 31.32%, 12.73%, 10.29%, 6.21%, 4.36% of GUATEMALA's exports and, respectively, were up 20.70%, up 31.73%, up 36.81%, up 27.40%, up 28.57% comparing with the same period of last year.
Current year until 202112, 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 202112, GUATEMALA's imports from these five countries/territories were 9051.5519 million, 3702.1854 million, 2803.2624 million, 1343.4403 million, 825.0295 million. These values correspond to 34.02%, 13.91%, 10.54%, 5.05%, 3.10% of GUATEMALA's total imports and, respectively, were up 44.23%, up 64.32%, up 31.96%, up 37.85%, up 19.82% comparing with the same period of last year.
During the current year until 202112, the trade surplus of GUATEMALA was mainly from HONDURAS, NICARAGUA, EL SALVADOR, NETHERLANDS, DOMINICAN REPUBLIC at 662.4243 million, 659.3437 million, 387.4291 million, 240.1860 million, 168.2379 million, and up 24.91%, up 27.06%, up 14.16%, down 0.61%, up 29.88%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, INDIA, COLOMBIA at 4793.3322 million, 3368.4693 million, 2210.6729 million, 523.8191 million, 448.6932 million, and up 74.46%, up 67.20%, up 32.90%, up 86.33%, up 22.85%.
Current year until 202112, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202112, commodities with hs2 codes, 27, 39, 85, 84, 87, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 4371.6407 million, 2206.3313 million, 2156.6470 million, 2152.0359 million, 2052.9085 million, which were up 80.99%, up 52.38%, up 31.91%, up 43.39%, up 60.68% comparing with the same period of last year and account for 10.87%, 5.49%, 5.36%, 5.35%, 5.11% of GUATEMALA's total imports and exports.
During the current year until 202112, 09, 61, 08, 15, 72 were GUATEMALA's top five traded commodities, with total import and export values of 1458.5517 million, 1423.1499 million, 1275.5517 million, 906.3971 million, 655.7041 million. These values correspond to 10.73%, 10.47%, 9.38%, 6.67%, 4.82% of GUATEMALA's total exports and, respectively, were down 18.66%, up 34.04%, up 1.53%, up 55.08%, up 43.27% comparing to the same period of last year.
During the current year until 202112, 27, 85, 87, 84, 39 were GUATEMALA's top five traded commodities, with total import values of 4002.4010 million, 2067.3277 million, 1988.4756 million, 1985.8491 million, 1686.5352 million. These values correspond to 15.04%, 7.77%, 7.47%, 7.46%, 6.34% of GUATEMALA's total exports and, respectively, were up 86.02%, up 32.35%, up 60.40%, up 41.35%, up 56.05% comparing to the same period of last year.
2. Current year until 202112, GUATEMALA binational trade profile
According to Dalian Infobank, during the current year until 202112, GUATEMALA-China binational exports and imports of goods amounted to 4035.9014 million and were up 61.99% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 333.7161 million and up 39.98%, imports from China to GUATEMALA were 3702.1854 million and up 64.32%. The total binational trade deficit was 3368.4693 million and up 67.20%.
During the urrent year until 202112, 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 619.5456 million, 441.7933 million, 398.3556 million, 341.3574 million, 229.4300 million and makes up 15.35%, 10.95%, 9.87%, 8.46%, 5.68% of the total binational imports and exports. These values were also up 73.69%, up 69.44%, up 72.76%, up 87.87%, up 101.40% comparing to the same period last year.
During the current year until 202112, 72, 09, 26, 08, 61 were the top five traded commodities exported to China from GUATEMALA, with export values of 211.8176 million, 65.7226 million, 19.6698 million, 16.4604 million, 5.5716 million. These values account for 63.47%, 19.69%, 5.89%, 4.93%, 1.67% of GUATEMALA's total exports and were up 13.98%, up 246.89%, up 190.50%, up 99.78%, up 92.71% comparing to the same period of last year.
During the current year until 202112, 85, 72, 84, 87, 39 were GUATEMALA's top five traded commodities importing from China , with import values of 441.7927 million, 407.7280 million, 398.3552 million, 341.3570 million, 229.3595 million. These values account for 11.93%, 11.01%, 10.76%, 9.22%, 6.20% of GUATEMALA's total imports and were up 69.45%, up 138.62%, up 72.76%, up 87.90%, up 101.68% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: National Statistics Institute