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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202210

 1.  Overview the trade of GUATEMALA in goods current year until 202210

According to Dalian Infobank, in 202210GUATEMALA's exports and imports of goods amounted to 3801.8001 million, and were up 4.81% comparing with the same period of last year. Among these, exports were up 6.44% at 1191.2672 million, and imports were up 4.09% at 2610.5329 million. And the corresponding trade deficit was 1419.2656 million and up 2.20%.

During the current year until 202210, GUATEMALA's total exports and imports of goods were 40345.3849 million and were up 23.77% comparing to the same period of last year. Among these, exports were 13274.2458 million and up 18.55%; imports were 27071.1391 million and up 26.50%. The total trade deficit was 13796.8933 million and up 35.24%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202210, GUATEMALA's imports and exports to five countries/territories were 13782.5916 million, 4035.6200 million, 3478.2487 million, 2995.7944 million, 2040.3264 million. These values correspond to 34.16%, 10.00%, 8.62%, 7.43%, 5.06% of GUATEMALA's imports and exports, and, respectively, were up 27.43%, up 23.28%, up 25.04%, up 19.80%, up 17.57% comparing to the same period of last year.

Current year until 202210, 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 202210, GUATEMALA's exports to these five countries/territories were 4209.4753 million, 1732.6717 million, 1307.4154 million, 840.7792 million, 573.8302 million. These values correspond to 31.71%, 13.05%, 9.85%, 6.33%, 4.32% of GUATEMALA's exports and, respectively, were up 19.05%, up 23.63%, up 14.44%, up 21.73%, up 16.75% comparing with the same period of last year.

Current year until 202210, 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 202210, GUATEMALA's imports from these five countries/territories were 9573.1163 million, 3658.3146 million, 2904.4186 million, 1263.1228 million, 813.9442 million. These values correspond to 35.36%, 13.51%, 10.73%, 4.67%, 3.01% of GUATEMALA's total imports and, respectively, were up 31.50%, up 22.52%, up 26.82%, up 14.93%, up 22.69% comparing with the same period of last year.

During the current year until 202210, the trade surplus of GUATEMALA was mainly from NICARAGUA, HONDURAS, EL SALVADOR, NETHERLANDS, DOMINICAN REPUBLIC at 634.3213 million, 574.5045 million, 469.5489 million, 371.9499 million, 181.6753 million, and up 16.23%, up 4.54%, up 55.25%, up 109.95%, up 37.72%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, INDIA, COLOMBIA at 5363.6410 million, 3281.0092 million, 2330.5884 million, 496.4748 million, 496.0241 million, and up 43.26%, up 21.59%, up 29.57%, up 25.13%, up 38.49%.

Current year until 202210, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202210,  commodities with hs2 codes, 27, 39, 84, 85, 87, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 5326.0738 million, 2136.6180 million, 2065.8019 million, 2044.0147 million, 1819.2362 million, which were up 53.12%, up 18.72%, up 16.14%, up 17.10%, up 8.15% comparing with the same period of last year and account for 13.20%, 5.30%, 5.12%, 5.07%, 4.51% of GUATEMALA's total imports and exports.

During the current year until 202210, 09, 61, 08, 15, 17 were GUATEMALA's top five traded commodities, with total import and export values of 1428.5536 million, 1416.7817 million, 1209.4706 million, 983.6527 million, 782.5056 million. These values correspond to 10.76%, 10.67%, 9.11%, 7.41%, 5.89% of GUATEMALA's total exports and, respectively, were up 10.94%, up 21.46%, up 12.43%, up 34.82%, up 41.68% comparing to the same period of last year.

During the current year until 202210, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 4922.8906 million, 1970.7088 million, 1883.7806 million, 1761.9592 million, 1625.8769 million. These values correspond to 18.19%, 7.28%, 6.96%, 6.51%, 6.01% of GUATEMALA's total exports and, respectively, were up 54.14%, up 17.85%, up 14.55%, up 7.83%, up 17.81% comparing to the same period of last year.


2. Current year until 202210, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202210, GUATEMALA-China binational exports and imports of goods amounted to 4035.6200 million and were up 23.28% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 377.3054 million and up 31.23%, imports from China to GUATEMALA were 3658.3146 million and up 22.52%. The total binational trade deficit was 3281.0092 million and up 21.59%.

During the urrent year until 202210, 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 590.4245 million, 398.4853 million, 387.4867 million, 334.0158 million, 292.5711 million and makes up 14.63%, 9.87%, 9.60%, 8.28%, 7.25% of the total binational imports and exports. These values were also up 13.27%, up 11.27%, up 20.08%, up 19.79%, up 60.48% comparing to the same period last year.

During the current year until 202210, 72, 17, 26, 09, 08 were the top five traded commodities exported to China from GUATEMALA, with export values of 237.9202 million, 47.7900 million, 38.8430 million, 29.6877 million, 8.5877 million. These values account for 63.06%, 12.67%, 10.29%, 7.87%, 2.28% of GUATEMALA's total exports and were up 40.12%, up 913.40%, up 97.47%, down 54.55%, down 46.06% comparing to the same period of last year.

During the current year until 202210, 85, 84, 72, 87, 39 were GUATEMALA's top five traded commodities importing from China , with import values of 398.3381 million, 387.4236 million, 352.5042 million, 333.9316 million, 292.5382 million. These values account for 10.89%, 10.59%, 9.64%, 9.13%, 8.00% of GUATEMALA's total imports and were up 11.23%, up 20.06%, up 0.29%, up 19.76%, up 60.52% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute