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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202003

 1.  Overview the trade of GUATEMALA in goods current year until 202003

According to Dalian Infobank, in 202003GUATEMALA's exports and imports of goods amounted to 2472.6048 million, and were down 8.12% comparing with the same period of last year. Among these, exports were down 5.70% at 1003.7501 million, and imports were down 9.70% at 1468.8546 million. And the corresponding trade deficit was 465.1045 million and down 17.27%.

During the current year until 202003, GUATEMALA's total exports and imports of goods were 7783.4075 million and were up 2.60% comparing to the same period of last year. Among these, exports were 3045.4144 million and up 8.20%; imports were 4737.9931 million and down 0.71%. The total trade deficit was 1692.5786 million and down 13.52%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202003, GUATEMALA's imports and exports to five countries/territories were 2515.8633 million, 771.7274 million, 696.6403 million, 527.7767 million, 345.6879 million. These values correspond to 32.32%, 9.92%, 8.95%, 6.78%, 4.44% of GUATEMALA's imports and exports, and, respectively, were down 1.53%, down 9.74%, up 10.27%, up 1.27%, up 11.50% comparing to the same period of last year.

Current year until 202003, GUATEMALA and the top five trade partners UNITED STATES, EL SALVADOR, HONDURAS, NICARAGUA, SAUDI ARABIA are the top five countries/territories that GUATEMALA exports to in terms of the total export amount. During the current year until 202003, GUATEMALA's exports to these five countries/territories were 961.3973 million, 340.7548 million, 256.6360 million, 148.8104 million, 125.0434 million. These values correspond to 31.57%, 11.19%, 8.43%, 4.89%, 4.11% of GUATEMALA's exports and, respectively, were down 1.04%, up 3.38%, up 8.31%, up 15.51%, up 62.16% comparing with the same period of last year.

Current year until 202003, 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 202003, GUATEMALA's imports from these five countries/territories were 1554.4660 million, 747.8148 million, 575.3754 million, 187.0219 million, 144.5097 million. These values correspond to 32.81%, 15.78%, 12.14%, 3.95%, 3.05% of GUATEMALA's total imports and, respectively, were down 1.83%, down 9.47%, up 8.62%, down 2.37%, up 21.46% comparing with the same period of last year.

During the current year until 202003, the trade surplus of GUATEMALA was mainly from HONDURAS, EL SALVADOR, SAUDI ARABIA, NICARAGUA, NETHERLANDS at 167.5840 million, 153.7329 million, 118.1436 million, 116.0579 million, 106.0903 million, and up 2.28%, up 11.37%, up 88.77%, up 12.70%, up 104.54%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, JAPAN, COLOMBIA at 723.9021 million, 593.0686 million, 454.1105 million, 98.4792 million, 87.4782 million, and down 9.18%, down 3.07%, up 6.18%, up 16.28%, down 13.94%.

Current year until 202003, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202003,  commodities with hs2 codes, 27, 09, 85, 84, 08, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 784.1627 million, 503.9476 million, 413.7139 million, 375.9147 million, 374.4905 million, which were down 14.10%, up 25.33%, up 2.53%, up 2.54%, up 3.68% comparing with the same period of last year and account for 10.07%, 6.47%, 5.32%, 4.83%, 4.81% of GUATEMALA's total imports and exports.

During the current year until 202003, 09, 08, 61, 17, 72 were GUATEMALA's top five traded commodities, with total import and export values of 497.6467 million, 354.6953 million, 290.3170 million, 237.8392 million, 115.1798 million. These values correspond to 16.34%, 11.65%, 9.53%, 7.81%, 3.78% of GUATEMALA's total exports and, respectively, were up 25.56%, up 2.78%, down 0.88%, up 12.43%, up 20.32% comparing to the same period of last year.

During the current year until 202003, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 696.1347 million, 398.6095 million, 351.3374 million, 336.1600 million, 275.8705 million. These values correspond to 14.69%, 8.41%, 7.42%, 7.09%, 5.82% of GUATEMALA's total exports and, respectively, were down 14.47%, up 2.81%, up 3.02%, up 0.49%, up 0.05% comparing to the same period of last year.


2. Current year until 202003, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202003, GUATEMALA-China binational exports and imports of goods amounted to 771.7274 million and were down 9.74% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 23.9127 million and down 17.39%, imports from China to GUATEMALA were 747.8148 million and down 9.47%. The total binational trade deficit was 723.9021 million and down 9.18%.

During the urrent year until 202003, 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 184.8372 million, 96.5222 million, 60.6275 million, 44.6463 million, 30.4690 million and makes up 23.95%, 12.51%, 7.86%, 5.79%, 3.95% of the total binational imports and exports. These values were also down 14.25%, up 11.73%, down 21.75%, up 6.77%, down 23.23% comparing to the same period last year.

During the current year until 202003, 72, 09, 26, 61, 08 were the top five traded commodities exported to China from GUATEMALA, with export values of 11.7253 million, 6.1896 million, 2.7386 million, 1.5485 million, 0.4502 million. These values account for 49.03%, 25.88%, 11.45%, 6.48%, 1.88% of GUATEMALA's total exports and were down 51.05%, up 194.88%, up 22721.53%, up 13.56%, 0 comparing to the same period of last year.

During the current year until 202003, 85, 84, 72, 87, 39 were GUATEMALA's top five traded commodities importing from China , with import values of 184.8372 million, 96.5222 million, 48.9022 million, 44.6463 million, 30.3344 million. These values account for 24.72%, 12.91%, 6.54%, 5.97%, 4.06% of GUATEMALA's total imports and were down 14.25%, up 11.75%, down 8.63%, up 6.77%, down 23.33% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute