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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202206

 1.  Overview the trade of GUATEMALA in goods current year until 202206

According to Dalian Infobank, in 202206GUATEMALA's exports and imports of goods amounted to 4290.7820 million, and were up 30.38% comparing with the same period of last year. Among these, exports were up 27.45% at 1448.0045 million, and imports were up 31.93% at 2842.7775 million. And the corresponding trade deficit was 1394.7729 million and up 36.91%.

During the current year until 202206, GUATEMALA's total exports and imports of goods were 24334.8203 million and were up 31.06% comparing to the same period of last year. Among these, exports were 8215.0178 million and up 25.24%; imports were 16119.8024 million and up 34.23%. The total trade deficit was 7904.7846 million and up 45.07%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202206, GUATEMALA's imports and exports to five countries/territories were 8487.0554 million, 2255.8155 million, 2079.6627 million, 1805.3395 million, 1204.4038 million. These values correspond to 34.88%, 9.27%, 8.55%, 7.42%, 4.95% of GUATEMALA's imports and exports, and, respectively, were up 34.51%, up 24.69%, up 31.87%, up 25.63%, up 23.58% comparing to the same period of last year.

Current year until 202206, 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 202206, GUATEMALA's exports to these five countries/territories were 2666.7918 million, 1037.0377 million, 759.1976 million, 499.4789 million, 359.6672 million. These values correspond to 32.46%, 12.62%, 9.24%, 6.08%, 4.38% of GUATEMALA's exports and, respectively, were up 29.18%, up 29.83%, up 17.35%, up 29.90%, up 108.86% comparing with the same period of last year.

Current year until 202206, 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 202206, GUATEMALA's imports from these five countries/territories were 5820.2636 million, 2077.2680 million, 1738.8068 million, 768.3018 million, 482.7132 million. These values correspond to 36.11%, 12.89%, 10.79%, 4.77%, 2.99% of GUATEMALA's total imports and, respectively, were up 37.09%, up 25.66%, up 33.40%, up 20.36%, up 26.06% comparing with the same period of last year.

During the current year until 202206, the trade surplus of GUATEMALA was mainly from NICARAGUA, HONDURAS, EL SALVADOR, NETHERLANDS, DOMINICAN REPUBLIC at 371.4872 million, 313.9915 million, 268.7359 million, 254.1206 million, 101.3825 million, and up 22.19%, down 1.68%, up 67.51%, up 148.11%, up 49.23%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, COLOMBIA, INDIA at 3153.4718 million, 1898.7205 million, 1397.9510 million, 343.8033 million, 298.5548 million, and up 44.58%, up 26.82%, up 35.73%, up 78.36%, up 49.80%.

Current year until 202206, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202206,  commodities with hs2 codes, 27, 39, 85, 84, 09, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 3247.7478 million, 1314.1020 million, 1253.6464 million, 1185.7078 million, 1092.5049 million, which were up 67.78%, up 29.12%, up 24.41%, up 15.99%, up 20.27% comparing with the same period of last year and account for 13.35%, 5.40%, 5.15%, 4.87%, 4.49% of GUATEMALA's total imports and exports.

During the current year until 202206, 09, 61, 08, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 1077.5369 million, 853.5814 million, 750.5697 million, 563.4286 million, 548.6916 million. These values correspond to 13.12%, 10.39%, 9.14%, 6.86%, 6.68% of GUATEMALA's total exports and, respectively, were up 20.35%, up 28.51%, up 17.23%, up 36.92%, up 46.28% comparing to the same period of last year.

During the current year until 202206, 27, 85, 84, 39, 87 were GUATEMALA's top five traded commodities, with total import values of 3011.7658 million, 1211.9084 million, 1084.8332 million, 1005.7775 million, 1004.7060 million. These values correspond to 18.68%, 7.52%, 6.73%, 6.24%, 6.23% of GUATEMALA's total exports and, respectively, were up 68.38%, up 24.88%, up 14.86%, up 27.82%, up 4.70% comparing to the same period of last year.


2. Current year until 202206, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202206, GUATEMALA-China binational exports and imports of goods amounted to 2255.8155 million and were up 24.69% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 178.5475 million and up 14.43%, imports from China to GUATEMALA were 2077.2680 million and up 25.66%. The total binational trade deficit was 1898.7205 million and up 26.82%.

During the urrent year until 202206, 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 251.0635 million, 240.9091 million, 225.3955 million, 192.0199 million, 166.8323 million and makes up 11.13%, 10.68%, 9.99%, 8.51%, 7.40% of the total binational imports and exports. These values were also down 13.47%, up 22.26%, up 32.34%, up 21.17%, up 57.14% comparing to the same period last year.

During the current year until 202206, 72, 17, 26, 09, 08 were the top five traded commodities exported to China from GUATEMALA, with export values of 80.0814 million, 46.9048 million, 25.6862 million, 14.0730 million, 3.9425 million. These values account for 44.85%, 26.27%, 14.39%, 7.88%, 2.21% of GUATEMALA's total exports and were down 11.40%, up 1048.14%, up 113.83%, down 58.54%, down 53.00% comparing to the same period of last year.

During the current year until 202206, 85, 84, 87, 72, 39 were GUATEMALA's top five traded commodities importing from China , with import values of 240.9087 million, 225.3532 million, 191.9357 million, 170.9822 million, 166.8148 million. These values account for 11.60%, 10.85%, 9.24%, 8.23%, 8.03% of GUATEMALA's total imports and were up 22.26%, up 32.31%, up 21.11%, down 14.41%, up 57.17% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute