1.  Overview the trade of GUATEMALA in goods current year until 202208

According to Dalian Infobank, in 202208, GUATEMALA's exports and imports of goods amounted to 4218.1887 million, and were up 22.24% comparing with the same period of last year. Among these, exports were up 13.76% at 1289.3937 million, and imports were up 26.38% at 2928.7950 million. And the corresponding trade deficit was 1639.4014 million and up 38.47%.

During the current year until 202208, GUATEMALA's total exports and imports of goods were 32676.4484 million and were up 28.12% comparing to the same period of last year. Among these, exports were 10897.5579 million and up 22.58%; imports were 21778.8905 million and up 31.08%. The total trade deficit was 10881.3326 million and up 40.85%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202208, GUATEMALA's imports and exports to five countries/territories were 11266.7048 million, 3246.2277 million, 2799.7225 million, 2426.7131 million, 1628.8876 million. These values correspond to 34.48%, 9.93%, 8.57%, 7.43%, 4.98% of GUATEMALA's imports and exports, and, respectively, were up 31.24%, up 26.67%, up 28.86%, up 23.17%, up 21.00% comparing to the same period of last year.

Current year until 202208, 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 202208, GUATEMALA's exports to these five countries/territories were 3498.6044 million, 1404.8970 million, 1033.4048 million, 684.3549 million, 480.2087 million. These values correspond to 32.10%, 12.89%, 9.48%, 6.28%, 4.41% of GUATEMALA's exports and, respectively, were up 24.61%, up 27.62%, up 15.89%, up 28.20%, up 115.09% comparing with the same period of last year.

Current year until 202208, 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 202208, GUATEMALA's imports from these five countries/territories were 7768.1004 million, 2962.8920 million, 2337.7488 million, 1021.8161 million, 642.3343 million. These values correspond to 35.67%, 13.60%, 10.73%, 4.69%, 2.95% of GUATEMALA's total imports and, respectively, were up 34.47%, up 27.56%, up 31.04%, up 17.54%, up 23.38% comparing with the same period of last year.

During the current year until 202208, the trade surplus of GUATEMALA was mainly from NICARAGUA, HONDURAS, EL SALVADOR, NETHERLANDS, DOMINICAN REPUBLIC at 511.5585 million, 437.9220 million, 383.0809 million, 325.3739 million, 139.1145 million, and up 20.54%, up 0.16%, up 65.46%, up 165.21%, up 43.10%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, COLOMBIA, INDIA at 4269.4960 million, 2679.5563 million, 1875.7750 million, 414.3480 million, 405.5867 million, and up 43.79%, up 28.66%, up 34.44%, up 47.63%, up 44.59%.

Current year until 202208, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202208,  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 4358.8941 million, 1787.1441 million, 1630.8850 million, 1619.7963 million, 1423.6811 million, which were up 62.18%, up 27.66%, up 20.72%, up 14.29%, up 7.15% comparing with the same period of last year and account for 13.34%, 5.47%, 4.99%, 4.96%, 4.36% of GUATEMALA's total imports and exports.

During the current year until 202208, 09, 61, 08, 15, 17 were GUATEMALA's top five traded commodities, with total import and export values of 1322.1306 million, 1161.6975 million, 957.8435 million, 793.3211 million, 687.7199 million. These values correspond to 12.13%, 10.66%, 8.79%, 7.28%, 6.31% of GUATEMALA's total exports and, respectively, were up 16.58%, up 27.49%, up 12.11%, up 51.92%, up 38.39% comparing to the same period of last year.

During the current year until 202208, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 4021.2318 million, 1574.9044 million, 1480.4138 million, 1379.2411 million, 1369.7392 million. These values correspond to 18.46%, 7.23%, 6.80%, 6.33%, 6.29% of GUATEMALA's total exports and, respectively, were up 62.32%, up 21.34%, up 12.91%, up 6.57%, up 27.51% comparing to the same period of last year.

2. Current year until 202208, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202208, GUATEMALA-China binational exports and imports of goods amounted to 3246.2277 million and were up 26.67% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 283.3357 million and up 18.06%, imports from China to GUATEMALA were 2962.8920 million and up 27.56%. The total binational trade deficit was 2679.5563 million and up 28.66%.

During the urrent year until 202208, 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 423.8271 million, 326.9422 million, 316.4392 million, 267.1179 million, 250.4037 million and makes up 13.06%, 10.07%, 9.75%, 8.23%, 7.71% of the total binational imports and exports. These values were also down 2.48%, up 21.63%, up 20.48%, up 24.30%, up 68.59% comparing to the same period last year.

During the current year until 202208, 72, 17, 26, 09, 08 were the top five traded commodities exported to China from GUATEMALA, with export values of 158.2689 million, 47.2159 million, 34.3611 million, 26.6540 million, 5.7127 million. These values account for 55.86%, 16.66%, 12.13%, 9.41%, 2.02% of GUATEMALA's total exports and were up 9.67%, up 906.03%, up 111.84%, down 49.02%, down 52.81% comparing to the same period of last year.

During the current year until 202208, 85, 84, 87, 72, 39 were GUATEMALA's top five traded commodities importing from China , with import values of 326.8126 million, 316.3709 million, 267.0337 million, 265.5582 million, 250.3709 million. These values account for 11.03%, 10.68%, 9.01%, 8.96%, 8.45% of GUATEMALA's total imports and were up 21.58%, up 20.45%, up 24.26%, down 8.52%, up 68.65% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: National Statistics Institute