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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202002

 1.  Overview the trade of GUATEMALA in goods current year until 202002

According to Dalian Infobank, in 202002GUATEMALA's exports and imports of goods amounted to 2564.9777 million, and were up 8.97% comparing with the same period of last year. Among these, exports were up 15.40% at 1031.9948 million, and imports were up 5.04% at 1532.9829 million. And the corresponding trade deficit was 500.9881 million and down 11.35%.

During the current year until 202002, GUATEMALA's total exports and imports of goods were 5310.8027 million and were up 8.49% comparing to the same period of last year. Among these, exports were 2041.6643 million and up 16.66%; imports were 3269.1384 million and up 3.95%. The total trade deficit was 1227.4741 million and down 12.01%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202002, GUATEMALA's imports and exports to five countries/territories were 1690.0450 million, 583.5645 million, 454.5404 million, 356.2196 million, 237.8433 million. These values correspond to 31.82%, 10.99%, 8.56%, 6.71%, 4.48% of GUATEMALA's imports and exports, and, respectively, were up 5.03%, down 3.15%, up 11.01%, up 5.66%, up 20.74% comparing to the same period of last year.

Current year until 202002, GUATEMALA and the top five trade partners UNITED STATES, EL SALVADOR, HONDURAS, SAUDI ARABIA, NICARAGUA are the top five countries/territories that GUATEMALA exports to in terms of the total export amount. During the current year until 202002, GUATEMALA's exports to these five countries/territories were 639.1530 million, 228.8212 million, 174.5606 million, 95.4566 million, 91.6685 million. These values correspond to 31.31%, 11.21%, 8.55%, 4.68%, 4.49% of GUATEMALA's exports and, respectively, were up 6.67%, up 8.61%, up 16.09%, up 92.97%, up 13.56% comparing with the same period of last year.

Current year until 202002, GUATEMALA's exports to top five countries/territories UNITED STATES, CHINA, MEXICO, EL SALVADOR, JAPAN are the top five countries/territories that GUATEMALA imports from in terms of the total export amount. During the current year until 202002, GUATEMALA's imports from these five countries/territories were 1050.8920 million, 564.7700 million, 378.3750 million, 127.3984 million, 96.3328 million. These values correspond to 32.15%, 17.28%, 11.57%, 3.90%, 2.95% of GUATEMALA's total imports and, respectively, were up 4.05%, down 2.49%, up 10.76%, up 0.74%, up 30.47% comparing with the same period of last year.

During the current year until 202002, the trade surplus of GUATEMALA was mainly from HONDURAS, EL SALVADOR, SAUDI ARABIA, NETHERLANDS, NICARAGUA at 111.2780 million, 101.4228 million, 89.8112 million, 72.9859 million, 68.7415 million, and up 7.26%, up 20.43%, up 135.38%, up 125.09%, up 8.26%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, JAPAN, INDIA at 545.9755 million, 411.7390 million, 302.2097 million, 64.8131 million, 57.0633 million, and down 1.77%, up 0.24%, up 10.38%, up 20.49%, down 2.53%.

Current year until 202002, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202002,  commodities with hs2 codes, 27, 09, 85, 84, 87, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 547.6409 million, 354.0068 million, 296.1967 million, 261.7028 million, 249.9565 million, which were down 1.48%, up 44.33%, up 9.27%, up 10.18%, up 12.03% comparing with the same period of last year and account for 10.31%, 6.67%, 5.58%, 4.93%, 4.71% of GUATEMALA's total imports and exports.

During the current year until 202002, 09, 08, 61, 17, 72 were GUATEMALA's top five traded commodities, with total import and export values of 349.6042 million, 220.1898 million, 207.6925 million, 147.2918 million, 88.0302 million. These values correspond to 17.12%, 10.78%, 10.17%, 7.21%, 4.31% of GUATEMALA's total exports and, respectively, were up 44.62%, up 9.51%, up 11.46%, up 37.56%, up 27.59% comparing to the same period of last year.

During the current year until 202002, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 477.6449 million, 286.1615 million, 245.7285 million, 240.1639 million, 183.5670 million. These values correspond to 14.61%, 8.75%, 7.52%, 7.35%, 5.62% of GUATEMALA's total exports and, respectively, were down 4.47%, up 9.83%, up 11.81%, up 10.88%, down 0.86% comparing to the same period of last year.


2. Current year until 202002, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202002, GUATEMALA-China binational exports and imports of goods amounted to 583.5645 million and were down 3.15% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 18.7945 million and down 19.54%, imports from China to GUATEMALA were 564.7700 million and down 2.49%. The total binational trade deficit was 545.9755 million and down 1.77%.

During the urrent year until 202002, commodities with hs2 code, 85, 84, 72, 87, 39, were binational trade's top five traded commodities. They correspond to import and export values of 133.1993 million, 75.4449 million, 38.9614 million, 35.8902 million, 24.1739 million and makes up 22.83%, 12.93%, 6.68%, 6.15%, 4.14% of the total binational imports and exports. These values were also down 6.17%, up 25.22%, down 35.04%, up 25.76%, down 13.20% comparing to the same period last year.

During the current year until 202002, 72, 09, 61, 26, 44 were the top five traded commodities exported to China from GUATEMALA, with export values of 10.3365 million, 4.7373 million, 1.5251 million, 1.1876 million, 0.2827 million. These values account for 55.00%, 25.21%, 8.11%, 6.32%, 1.50% of GUATEMALA's total exports and were down 48.21%, up 220.73%, up 33.13%, up 9796.68%, down 28.56% comparing to the same period of last year.

During the current year until 202002, 85, 84, 87, 72, 39 were GUATEMALA's top five traded commodities importing from China , with import values of 133.1993 million, 75.4449 million, 35.8902 million, 28.6249 million, 24.0463 million. These values account for 23.58%, 13.36%, 6.35%, 5.07%, 4.26% of GUATEMALA's total imports and were down 6.17%, up 25.22%, up 25.76%, down 28.48%, down 13.46% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute