1. Overview the trade of GUATEMALA in goods current year until 202207
According to Dalian Infobank, in 202207, GUATEMALA's exports and imports of goods amounted to 4163.6925 million, and were up 19.43% comparing with the same period of last year. Among these, exports were up 19.88% at 1434.7827 million, and imports were up 19.20% at 2728.9097 million. And the corresponding trade deficit was 1294.1270 million and up 18.44%.
During the current year until 202207, GUATEMALA's total exports and imports of goods were 28482.0379 million and were up 29.14% comparing to the same period of last year. Among these, exports were 9632.2024 million and up 24.18%; imports were 18849.8355 million and up 31.83%. The total trade deficit was 9217.6332 million and up 40.91%.
If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202207, GUATEMALA's imports and exports to five countries/territories were 9891.1264 million, 2682.8427 million, 2426.4177 million, 2129.5475 million, 1418.7887 million. These values correspond to 34.73%, 9.42%, 8.52%, 7.48%, 4.98% of GUATEMALA's imports and exports, and, respectively, were up 32.14%, up 23.76%, up 29.96%, up 24.48%, up 22.28% comparing to the same period of last year.
Current year until 202207, 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 202207, GUATEMALA's exports to these five countries/territories were 3100.4623 million, 1232.4560 million, 896.5586 million, 590.2224 million, 432.2301 million. These values correspond to 32.19%, 12.80%, 9.31%, 6.13%, 4.49% of GUATEMALA's exports and, respectively, were up 26.67%, up 29.17%, up 16.54%, up 28.97%, up 114.18% comparing with the same period of last year.
Current year until 202207, 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 202207, GUATEMALA's imports from these five countries/territories were 6790.6641 million, 2452.6858 million, 2021.2423 million, 897.0915 million, 561.3327 million. These values correspond to 36.03%, 13.01%, 10.72%, 4.76%, 2.98% of GUATEMALA's total imports and, respectively, were up 34.80%, up 24.60%, up 31.17%, up 18.56%, up 24.38% comparing with the same period of last year.
During the current year until 202207, the trade surplus of GUATEMALA was mainly from NICARAGUA, HONDURAS, EL SALVADOR, NETHERLANDS, DOMINICAN REPUBLIC at 438.9760 million, 374.3286 million, 335.3645 million, 300.9779 million, 119.6745 million, and up 20.88%, down 1.06%, up 69.86%, up 155.49%, up 43.06%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, COLOMBIA, INDIA at 3690.2018 million, 2222.5290 million, 1616.0668 million, 376.3881 million, 352.9615 million, and up 42.48%, up 25.62%, up 33.01%, up 59.73%, up 46.82%.
Current year until 202207, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202207, 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 3827.5601 million, 1542.2406 million, 1425.2884 million, 1386.8358 million, 1225.1750 million, which were up 65.14%, up 26.58%, up 20.57%, up 13.40%, up 5.65% comparing with the same period of last year and account for 13.44%, 5.41%, 5.00%, 4.87%, 4.30% of GUATEMALA's total imports and exports.
During the current year until 202207, 09, 61, 08, 15, 17 were GUATEMALA's top five traded commodities, with total import and export values of 1207.7685 million, 1000.3236 million, 848.5966 million, 694.0348 million, 639.7919 million. These values correspond to 12.54%, 10.39%, 8.81%, 7.21%, 6.64% of GUATEMALA's total exports and, respectively, were up 17.39%, up 26.63%, up 14.63%, up 53.81%, up 40.53% comparing to the same period of last year.
During the current year until 202207, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 3529.3418 million, 1375.7452 million, 1268.8551 million, 1187.0221 million, 1177.3633 million. These values correspond to 18.72%, 7.30%, 6.73%, 6.30%, 6.25% of GUATEMALA's total exports and, respectively, were up 64.87%, up 21.23%, up 12.16%, up 5.11%, up 25.45% comparing to the same period of last year.
2. Current year until 202207, GUATEMALA binational trade profile
According to Dalian Infobank, during the current year until 202207, GUATEMALA-China binational exports and imports of goods amounted to 2682.8427 million and were up 23.76% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 230.1568 million and up 15.52%, imports from China to GUATEMALA were 2452.6858 million and up 24.60%. The total binational trade deficit was 2222.5290 million and up 25.62%.
During the urrent year until 202207, 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 309.6688 million, 281.9439 million, 268.2388 million, 219.7388 million, 201.0096 million and makes up 11.54%, 10.51%, 10.00%, 8.19%, 7.49% of the total binational imports and exports. These values were also down 9.42%, up 22.81%, up 19.01%, up 18.17%, up 53.99% comparing to the same period last year.
During the current year until 202207, 72, 17, 26, 09, 08 were the top five traded commodities exported to China from GUATEMALA, with export values of 117.5256 million, 47.2159 million, 30.1395 million, 21.7918 million, 4.5850 million. These values account for 51.06%, 20.51%, 13.10%, 9.47%, 1.99% of GUATEMALA's total exports and were up 1.93%, up 947.77%, up 112.88%, down 53.20%, down 57.17% comparing to the same period of last year.
During the current year until 202207, 85, 84, 87, 39, 72 were GUATEMALA's top five traded commodities importing from China , with import values of 281.8144 million, 268.1704 million, 219.6546 million, 200.9922 million, 192.1432 million. These values account for 11.49%, 10.93%, 8.96%, 8.19%, 7.83% of GUATEMALA's total imports and were up 22.75%, up 18.98%, up 18.13%, up 54.06%, down 15.20% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: National Statistics Institute