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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202212

 1.  Overview the trade of GUATEMALA in goods current year until 202212

According to Dalian Infobank, in 202212GUATEMALA's exports and imports of goods amounted to 3704.8939 million, and were down 4.02% comparing with the same period of last year. Among these, exports were down 1.91% at 1286.5671 million, and imports were down 5.11% at 2418.3268 million. And the corresponding trade deficit was 1131.7598 million and down 8.50%.

During the current year until 202212, GUATEMALA's total exports and imports of goods were 47805.8233 million and were up 18.92% comparing to the same period of last year. Among these, exports were 15684.0367 million and up 15.37%; imports were 32121.7866 million and up 20.73%. The total trade deficit was 16437.7500 million and up 26.33%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202212, GUATEMALA's imports and exports to five countries/territories were 16111.3126 million, 4808.0415 million, 4104.8670 million, 3555.4582 million, 2451.5688 million. These values correspond to 33.70%, 10.06%, 8.59%, 7.44%, 5.13% of GUATEMALA's imports and exports, and, respectively, were up 21.05%, up 19.13%, up 20.88%, up 15.65%, up 14.79% comparing to the same period of last year.

Current year until 202212, 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 202212, GUATEMALA's exports to these five countries/territories were 4878.7498 million, 2049.3126 million, 1585.4742 million, 998.0430 million, 688.9134 million. These values correspond to 31.11%, 13.07%, 10.11%, 6.36%, 4.39% of GUATEMALA's exports and, respectively, were up 14.57%, up 18.40%, up 13.33%, up 18.27%, up 16.25% comparing with the same period of last year.

Current year until 202212, 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 202212, GUATEMALA's imports from these five countries/territories were 11232.5628 million, 4367.4471 million, 3415.9536 million, 1506.1456 million, 1000.2333 million. These values correspond to 34.97%, 13.60%, 10.63%, 4.69%, 3.11% of GUATEMALA's total imports and, respectively, were up 24.10%, up 17.97%, up 21.86%, up 12.11%, up 21.24% comparing with the same period of last year.

During the current year until 202212, the trade surplus of GUATEMALA was mainly from NICARAGUA, HONDURAS, EL SALVADOR, NETHERLANDS, DOMINICAN REPUBLIC at 755.1296 million, 719.3796 million, 543.1670 million, 408.3584 million, 208.8523 million, and up 14.53%, up 8.60%, up 40.20%, up 70.02%, up 24.14%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, BRAZIL, INDIA at 6353.8131 million, 3926.8528 million, 2727.0402 million, 659.9834 million, 592.9054 million, and up 32.56%, up 16.58%, up 23.36%, up 78.66%, up 13.19%.

Current year until 202212, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202212,  commodities with hs2 codes, 27, 84, 39, 85, 87, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 6142.5240 million, 2496.8069 million, 2482.9912 million, 2425.7137 million, 2259.1995 million, which were up 40.51%, up 16.02%, up 12.54%, up 12.48%, up 10.05% comparing with the same period of last year and account for 12.85%, 5.22%, 5.19%, 5.07%, 4.73% of GUATEMALA's total imports and exports.

During the current year until 202212, 61, 09, 08, 15, 17 were GUATEMALA's top five traded commodities, with total import and export values of 1657.5194 million, 1535.2973 million, 1467.2692 million, 1182.9931 million, 948.4269 million. These values correspond to 10.57%, 9.79%, 9.36%, 7.54%, 6.05% of GUATEMALA's total exports and, respectively, were up 16.47%, up 5.26%, up 15.03%, up 30.52%, up 45.51% comparing to the same period of last year.

During the current year until 202212, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 5707.6907 million, 2337.8107 million, 2278.9183 million, 2185.7370 million, 1880.0846 million. These values correspond to 17.77%, 7.28%, 7.09%, 6.80%, 5.85% of GUATEMALA's total exports and, respectively, were up 42.61%, up 13.08%, up 14.76%, up 9.92%, up 11.48% comparing to the same period of last year.


2. Current year until 202212, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202212, GUATEMALA-China binational exports and imports of goods amounted to 4808.0415 million and were up 19.13% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 440.5943 million and up 32.03%, imports from China to GUATEMALA were 4367.4471 million and up 17.97%. The total binational trade deficit was 3926.8528 million and up 16.58%.

During the urrent year until 202212, 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 703.8894 million, 468.4148 million, 463.9647 million, 404.4550 million, 341.2537 million and makes up 14.64%, 9.74%, 9.65%, 8.41%, 7.10% of the total binational imports and exports. These values were also up 13.61%, up 6.03%, up 16.47%, up 18.48%, up 48.74% comparing to the same period last year.

During the current year until 202212, 72, 17, 26, 09, 08 were the top five traded commodities exported to China from GUATEMALA, with export values of 274.0335 million, 66.0505 million, 41.0138 million, 30.2016 million, 10.1347 million. These values account for 62.20%, 14.99%, 9.31%, 6.85%, 2.30% of GUATEMALA's total exports and were up 29.37%, up 1300.61%, up 108.51%, down 54.05%, down 38.43% comparing to the same period of last year.

During the current year until 202212, 85, 84, 72, 87, 39 were GUATEMALA's top five traded commodities importing from China , with import values of 468.2636 million, 463.9027 million, 429.8559 million, 404.3708 million, 341.2209 million. These values account for 10.72%, 10.62%, 9.84%, 9.26%, 7.81% of GUATEMALA's total imports and were up 5.99%, up 16.45%, up 5.43%, up 18.46%, up 48.77% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute