1. Overview the trade of GUATEMALA in goods current year until 202205
According to Dalian Infobank, in 202205, GUATEMALA's exports and imports of goods amounted to 4222.2551 million, and were up 30.00% comparing with the same period of last year. Among these, exports were up 29.91% at 1413.3502 million, and imports were up 30.04% at 2808.9049 million. And the corresponding trade deficit was 1395.5547 million and up 30.18%.
During the current year until 202205, GUATEMALA's total exports and imports of goods were 20046.5445 million and were up 31.22% comparing to the same period of last year. Among these, exports were 6770.6506 million and up 24.84%; imports were 13275.8938 million and up 34.73%. The total trade deficit was 6505.2432 million and up 46.83%.
If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202205, GUATEMALA's imports and exports to five countries/territories were 6967.9673 million, 1884.8406 million, 1719.7631 million, 1481.3748 million, 985.1616 million. These values correspond to 34.76%, 9.40%, 8.58%, 7.39%, 4.91% of GUATEMALA's imports and exports, and, respectively, were up 33.97%, up 28.32%, up 33.09%, up 25.42%, up 24.26% comparing to the same period of last year.
Current year until 202205, GUATEMALA and the top five trade partners UNITED STATES, EL SALVADOR, HONDURAS, NICARAGUA, NETHERLANDS are the top five countries/territories that GUATEMALA exports to in terms of the total export amount. During the current year until 202205, GUATEMALA's exports to these five countries/territories were 2207.2750 million, 838.0026 million, 615.7480 million, 411.0284 million, 296.4263 million. These values correspond to 32.60%, 12.38%, 9.09%, 6.07%, 4.38% of GUATEMALA's exports and, respectively, were up 28.69%, up 28.52%, up 17.28%, up 31.77%, up 116.65% comparing with the same period of last year.
Current year until 202205, 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 202205, GUATEMALA's imports from these five countries/territories were 4760.6922 million, 1759.5825 million, 1444.0265 million, 643.3722 million, 400.9609 million. These values correspond to 35.86%, 13.25%, 10.88%, 4.85%, 3.02% of GUATEMALA's total imports and, respectively, were up 36.57%, up 30.87%, up 34.76%, up 21.60%, up 28.37% comparing with the same period of last year.
During the current year until 202205, the trade surplus of GUATEMALA was mainly from NICARAGUA, HONDURAS, NETHERLANDS, EL SALVADOR, DOMINICAN REPUBLIC at 307.3275 million, 246.3343 million, 215.1632 million, 194.6304 million, 79.0828 million, and up 26.26%, down 4.23%, up 171.18%, up 58.34%, up 44.94%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, COLOMBIA, INDIA at 2553.4172 million, 1634.3243 million, 1168.2899 million, 263.1288 million, 254.1239 million, and up 44.21%, up 33.94%, up 37.30%, up 59.98%, up 54.52%.
Current year until 202205, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202205, commodities with hs2 codes, 27, 39, 85, 84, 72, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 2602.1327 million, 1076.9615 million, 1052.5135 million, 982.8044 million, 900.6317 million, which were up 65.34%, up 31.29%, up 24.86%, up 15.58%, up 31.39% comparing with the same period of last year and account for 12.98%, 5.37%, 5.25%, 4.90%, 4.49% of GUATEMALA's total imports and exports.
During the current year until 202205, 09, 61, 08, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 869.6678 million, 694.9153 million, 630.1980 million, 508.0400 million, 454.7004 million. These values correspond to 12.84%, 10.26%, 9.31%, 7.50%, 6.72% of GUATEMALA's total exports and, respectively, were up 15.85%, up 26.54%, up 14.99%, up 35.70%, up 63.70% comparing to the same period of last year.
During the current year until 202205, 27, 85, 84, 39, 87 were GUATEMALA's top five traded commodities, with total import values of 2409.0003 million, 1020.9096 million, 906.4935 million, 828.0509 million, 824.6746 million. These values correspond to 18.15%, 7.69%, 6.83%, 6.24%, 6.21% of GUATEMALA's total exports and, respectively, were up 64.03%, up 25.80%, up 15.41%, up 30.81%, up 4.94% comparing to the same period of last year.
2. Current year until 202205, GUATEMALA binational trade profile
According to Dalian Infobank, during the current year until 202205, GUATEMALA-China binational exports and imports of goods amounted to 1884.8406 million and were up 28.32% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 125.2581 million and up 0.73%, imports from China to GUATEMALA were 1759.5825 million and up 30.87%. The total binational trade deficit was 1634.3243 million and up 33.94%.
During the urrent year until 202205, 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 203.7173 million, 200.5480 million, 186.1425 million, 158.9303 million, 139.7502 million and makes up 10.81%, 10.64%, 9.88%, 8.43%, 7.41% of the total binational imports and exports. These values were also down 8.43%, up 25.41%, up 34.05%, up 20.34%, up 69.73% comparing to the same period last year.
During the current year until 202205, 17, 72, 26, 09, 08 were the top five traded commodities exported to China from GUATEMALA, with export values of 46.7782 million, 42.0186 million, 20.8981 million, 5.1958 million, 3.0445 million. These values account for 37.35%, 33.55%, 16.68%, 4.15%, 2.43% of GUATEMALA's total exports and were up 1247.41%, down 43.18%, up 133.54%, down 79.66%, down 49.84% comparing to the same period of last year.
During the current year until 202205, 85, 84, 72, 87, 39 were GUATEMALA's top five traded commodities importing from China , with import values of 200.5477 million, 186.1002 million, 161.6987 million, 158.8460 million, 139.7328 million. These values account for 11.40%, 10.58%, 9.19%, 9.03%, 7.94% of GUATEMALA's total imports and were up 25.41%, up 34.02%, up 8.87%, up 20.28%, up 69.72% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: National Statistics Institute