1.  Overview the trade of GUATEMALA in goods current year until 202211

According to Dalian Infobank, in 202211, GUATEMALA's exports and imports of goods amounted to 3799.3653 million, and were up 1.50% comparing with the same period of last year. Among these, exports were up 7.68% at 1168.4888 million, and imports were down 1.02% at 2630.8765 million. And the corresponding trade deficit was 1462.3876 million and down 7.01%.

During the current year until 202211, GUATEMALA's total exports and imports of goods were 44132.0178 million and were up 21.44% comparing to the same period of last year. Among these, exports were 14429.1513 million and up 17.48%; imports were 29702.8665 million and up 23.47%. The total trade deficit was 15273.7152 million and up 29.71%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202211, GUATEMALA's imports and exports to five countries/territories were 14958.3445 million, 4444.9143 million, 3767.6283 million, 3275.7791 million, 2255.4328 million. These values correspond to 33.89%, 10.07%, 8.54%, 7.42%, 5.11% of GUATEMALA's imports and exports, and, respectively, were up 24.94%, up 21.59%, up 21.81%, up 17.80%, up 16.20% comparing to the same period of last year.

Current year until 202211, 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 202211, GUATEMALA's exports to these five countries/territories were 4530.5497 million, 1885.2961 million, 1448.7132 million, 919.0957 million, 626.8682 million. These values correspond to 31.40%, 13.07%, 10.04%, 6.37%, 4.34% of GUATEMALA's exports and, respectively, were up 18.08%, up 21.35%, up 14.32%, up 20.40%, up 15.37% comparing with the same period of last year.

Current year until 202211, 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 202211, GUATEMALA's imports from these five countries/territories were 10427.7948 million, 4025.5611 million, 3140.7602 million, 1390.4830 million, 905.9742 million. These values correspond to 35.11%, 13.55%, 10.57%, 4.68%, 3.05% of GUATEMALA's total imports and, respectively, were up 28.18%, up 20.44%, up 23.18%, up 13.32%, up 22.07% comparing with the same period of last year.

During the current year until 202211, the trade surplus of GUATEMALA was mainly from NICARAGUA, HONDURAS, EL SALVADOR, NETHERLANDS, DOMINICAN REPUBLIC at 694.9031 million, 641.9937 million, 494.8131 million, 383.4567 million, 198.3910 million, and up 16.05%, up 8.18%, up 51.51%, up 84.15%, up 31.81%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, BRAZIL, INDIA at 5897.2451 million, 3606.2079 million, 2513.8920 million, 591.8423 million, 544.3045 million, and up 37.19%, up 19.05%, up 25.30%, up 98.60%, up 19.73%.

Current year until 202211, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202211,  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 5772.0220 million, 2318.3155 million, 2288.7353 million, 2252.1500 million, 2042.5080 million, which were up 49.77%, up 16.16%, up 16.32%, up 14.74%, up 9.73% comparing with the same period of last year and account for 13.08%, 5.25%, 5.19%, 5.10%, 4.63% of GUATEMALA's total imports and exports.

During the current year until 202211, 61, 09, 08, 15, 17 were GUATEMALA's top five traded commodities, with total import and export values of 1527.7637 million, 1476.7476 million, 1337.5570 million, 1083.6195 million, 839.5036 million. These values correspond to 10.59%, 10.23%, 9.27%, 7.51%, 5.82% of GUATEMALA's total exports and, respectively, were up 19.67%, up 8.71%, up 14.24%, up 34.41%, up 45.37% comparing to the same period of last year.

During the current year until 202211, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 5346.7840 million, 2171.0272 million, 2088.0795 million, 1976.4593 million, 1763.5876 million. These values correspond to 18.00%, 7.31%, 7.03%, 6.65%, 5.94% of GUATEMALA's total exports and, respectively, were up 50.81%, up 15.44%, up 14.87%, up 9.39%, up 15.34% comparing to the same period of last year.

2. Current year until 202211, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202211, GUATEMALA-China binational exports and imports of goods amounted to 4444.9143 million and were up 21.59% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 419.3532 million and up 33.87%, imports from China to GUATEMALA were 4025.5611 million and up 20.44%. The total binational trade deficit was 3606.2079 million and up 19.05%.

During the urrent year until 202211, 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 655.6804 million, 440.6737 million, 424.9377 million, 371.4149 million, 322.1065 million and makes up 14.75%, 9.91%, 9.56%, 8.36%, 7.25% of the total binational imports and exports. These values were also up 14.88%, up 8.81%, up 18.64%, up 20.43%, up 61.21% comparing to the same period last year.

During the current year until 202211, 72, 17, 26, 09, 08 were the top five traded commodities exported to China from GUATEMALA, with export values of 274.0331 million, 47.7898 million, 41.0405 million, 29.9855 million, 10.0056 million. These values account for 65.35%, 11.40%, 9.79%, 7.15%, 2.39% of GUATEMALA's total exports and were up 41.64%, up 913.39%, up 108.65%, down 54.32%, down 38.89% comparing to the same period of last year.

During the current year until 202211, 85, 84, 72, 87, 39 were GUATEMALA's top five traded commodities importing from China , with import values of 440.5266 million, 424.8626 million, 381.6474 million, 371.3307 million, 322.0736 million. These values account for 10.94%, 10.55%, 9.48%, 9.22%, 8.00% of GUATEMALA's total imports and were up 8.77%, up 18.62%, up 1.15%, up 20.41%, up 61.25% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: National Statistics Institute