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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202004

 1.  Overview the trade of GUATEMALA in goods current year until 202004

According to Dalian Infobank, in 202004GUATEMALA's exports and imports of goods amounted to 2189.8206 million, and were down 13.81% comparing with the same period of last year. Among these, exports were down 9.94% at 827.0619 million, and imports were down 16.01% at 1362.7587 million. And the corresponding trade deficit was 535.6968 million and down 23.92%.

During the current year until 202004, GUATEMALA's total exports and imports of goods were 9973.2281 million and were down 1.52% comparing to the same period of last year. Among these, exports were 3872.4763 million and up 3.74%; imports were 6100.7518 million and down 4.59%. The total trade deficit was 2228.2754 million and down 16.27%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202004, GUATEMALA's imports and exports to five countries/territories were 3136.1406 million, 1017.4472 million, 883.0735 million, 667.9807 million, 426.9737 million. These values correspond to 31.45%, 10.20%, 8.85%, 6.70%, 4.28% of GUATEMALA's imports and exports, and, respectively, were down 9.08%, down 8.99%, up 6.30%, down 1.70%, up 4.01% comparing to the same period of last year.

Current year until 202004, GUATEMALA and the top five trade partners UNITED STATES, EL SALVADOR, HONDURAS, NICARAGUA, COSTA RICA are the top five countries/territories that GUATEMALA exports to in terms of the total export amount. During the current year until 202004, GUATEMALA's exports to these five countries/territories were 1212.1640 million, 438.2019 million, 318.3451 million, 203.3152 million, 151.0889 million. These values correspond to 31.30%, 11.32%, 8.22%, 5.25%, 3.90% of GUATEMALA's exports and, respectively, were down 4.52%, up 1.50%, up 1.17%, up 18.68%, up 13.40% comparing with the same period of last year.

Current year until 202004, 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 202004, GUATEMALA's imports from these five countries/territories were 1923.9766 million, 978.8317 million, 733.7133 million, 229.7788 million, 189.0685 million. These values correspond to 31.54%, 16.04%, 12.03%, 3.77%, 3.10% of GUATEMALA's total imports and, respectively, were down 11.74%, down 8.82%, up 4.95%, down 7.26%, up 13.56% comparing with the same period of last year.

During the current year until 202004, the trade surplus of GUATEMALA was mainly from HONDURAS, EL SALVADOR, NICARAGUA, SAUDI ARABIA, NETHERLANDS at 209.7165 million, 208.4232 million, 163.1988 million, 130.4048 million, 123.4797 million, and down 4.14%, up 13.29%, up 19.46%, up 99.74%, up 63.12%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, JAPAN, COLOMBIA at 940.2163 million, 711.8127 million, 584.3531 million, 123.2428 million, 120.7901 million, and down 8.63%, down 21.81%, up 2.98%, up 3.68%, down 13.90%.

Current year until 202004, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202004,  commodities with hs2 codes, 27, 09, 85, 39, 08, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 909.6658 million, 648.3112 million, 536.4696 million, 479.7750 million, 476.8068 million, which were down 28.93%, up 23.76%, up 3.10%, up 1.87%, up 1.80% comparing with the same period of last year and account for 9.12%, 6.50%, 5.38%, 4.81%, 4.78% of GUATEMALA's total imports and exports.

During the current year until 202004, 09, 08, 17, 61, 72 were GUATEMALA's top five traded commodities, with total import and export values of 640.2247 million, 452.1253 million, 338.9361 million, 333.3855 million, 148.1497 million. These values correspond to 16.53%, 11.68%, 8.75%, 8.61%, 3.83% of GUATEMALA's total exports and, respectively, were up 24.05%, up 1.26%, up 15.34%, down 13.22%, up 7.05% comparing to the same period of last year.

During the current year until 202004, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 804.9246 million, 515.7581 million, 437.2800 million, 434.2682 million, 357.3098 million. These values correspond to 13.19%, 8.45%, 7.17%, 7.12%, 5.86% of GUATEMALA's total exports and, respectively, were down 29.69%, up 3.28%, down 3.66%, down 3.99%, down 1.26% comparing to the same period of last year.


2. Current year until 202004, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202004, GUATEMALA-China binational exports and imports of goods amounted to 1017.4472 million and were down 8.99% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 38.6155 million and down 13.23%, imports from China to GUATEMALA were 978.8317 million and down 8.82%. The total binational trade deficit was 940.2163 million and down 8.63%.

During the urrent year until 202004, commodities with hs2 code, 85, 84, 72, 87, 29, were binational trade's top five traded commodities. They correspond to import and export values of 238.2139 million, 118.2878 million, 88.2500 million, 54.4218 million, 41.4040 million and makes up 23.41%, 11.63%, 8.67%, 5.35%, 4.07% of the total binational imports and exports. These values were also down 15.73%, up 6.98%, down 25.20%, up 2.17%, down 7.26% comparing to the same period last year.

During the current year until 202004, 72, 17, 09, 26, 61 were the top five traded commodities exported to China from GUATEMALA, with export values of 14.7068 million, 8.8707 million, 7.9035 million, 2.7386 million, 1.5498 million. These values account for 38.09%, 22.97%, 20.47%, 7.09%, 4.01% of GUATEMALA's total exports and were down 59.32%, up 679.58%, up 152.78%, up 22721.53%, down 9.01% comparing to the same period of last year.

During the current year until 202004, 85, 84, 72, 87, 29 were GUATEMALA's top five traded commodities importing from China , with import values of 238.2139 million, 118.2878 million, 73.5432 million, 54.4218 million, 41.4040 million. These values account for 24.34%, 12.08%, 7.51%, 5.56%, 4.23% of GUATEMALA's total imports and were down 15.73%, up 7.00%, down 10.13%, up 2.17%, down 7.14% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute