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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202005

 1.  Overview the trade of GUATEMALA in goods current year until 202005

According to Dalian Infobank, in 202005GUATEMALA's exports and imports of goods amounted to 2176.0072 million, and were down 20.10% comparing with the same period of last year. Among these, exports were down 6.97% at 882.1717 million, and imports were down 27.12% at 1293.8356 million. And the corresponding trade deficit was 411.6639 million and down 50.22%.

During the current year until 202005, GUATEMALA's total exports and imports of goods were 12149.2353 million and were down 5.46% comparing to the same period of last year. Among these, exports were 4754.6480 million and up 1.57%; imports were 7394.5873 million and down 9.48%. The total trade deficit was 2639.9393 million and down 24.32%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202005, GUATEMALA's imports and exports to five countries/territories were 3758.0489 million, 1311.2712 million, 1048.7460 million, 786.4206 million, 522.0926 million. These values correspond to 30.93%, 10.79%, 8.63%, 6.47%, 4.30% of GUATEMALA's imports and exports, and, respectively, were down 13.34%, down 8.37%, down 1.47%, down 7.41%, down 0.07% comparing to the same period of last year.

Current year until 202005, 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 202005, GUATEMALA's exports to these five countries/territories were 1492.2222 million, 516.0374 million, 385.5184 million, 259.8192 million, 185.4995 million. These values correspond to 31.38%, 10.85%, 8.11%, 5.46%, 3.90% of GUATEMALA's exports and, respectively, were down 4.78%, down 5.39%, down 3.42%, up 22.23%, up 9.37% comparing with the same period of last year.

Current year until 202005, 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 202005, GUATEMALA's imports from these five countries/territories were 2265.8267 million, 1259.3247 million, 863.2465 million, 270.3832 million, 225.8740 million. These values correspond to 30.64%, 17.03%, 11.67%, 3.66%, 3.05% of GUATEMALA's total imports and, respectively, were down 18.18%, down 8.07%, down 3.52%, down 11.05%, up 5.60% comparing with the same period of last year.

During the current year until 202005, the trade surplus of GUATEMALA was mainly from HONDURAS, EL SALVADOR, NICARAGUA, SAUDI ARABIA, NETHERLANDS at 248.9443 million, 245.6542 million, 211.9782 million, 146.4138 million, 140.1709 million, and down 9.75%, up 1.74%, up 24.94%, up 103.20%, up 35.83%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, COLOMBIA, JAPAN at 1207.3781 million, 773.6045 million, 677.7470 million, 145.4012 million, 144.2692 million, and down 7.76%, down 35.66%, down 6.54%, down 24.88%, down 2.58%.

Current year until 202005, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202005,  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 1052.2247 million, 793.9490 million, 628.3964 million, 583.1477 million, 570.1087 million, which were down 34.33%, up 16.29%, down 4.25%, down 2.17%, up 1.02% comparing with the same period of last year and account for 8.66%, 6.53%, 5.17%, 4.80%, 4.69% of GUATEMALA's total imports and exports.

During the current year until 202005, 09, 08, 17, 61, 72 were GUATEMALA's top five traded commodities, with total import and export values of 784.2163 million, 542.3983 million, 426.7740 million, 410.9983 million, 176.5751 million. These values correspond to 16.49%, 11.41%, 8.98%, 8.64%, 3.71% of GUATEMALA's total exports and, respectively, were up 16.54%, up 0.85%, up 19.81%, down 14.24%, down 1.43% comparing to the same period of last year.

During the current year until 202005, 27, 85, 87, 84, 39 were GUATEMALA's top five traded commodities, with total import values of 934.9278 million, 602.4241 million, 531.2240 million, 524.5247 million, 438.0817 million. These values correspond to 12.64%, 8.15%, 7.18%, 7.09%, 5.92% of GUATEMALA's total exports and, respectively, were down 35.17%, down 4.25%, down 7.56%, down 8.33%, down 4.55% comparing to the same period of last year.


2. Current year until 202005, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202005, GUATEMALA-China binational exports and imports of goods amounted to 1311.2712 million and were down 8.37% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 51.9466 million and down 14.90%, imports from China to GUATEMALA were 1259.3247 million and down 8.07%. The total binational trade deficit was 1207.3781 million and down 7.76%.

During the urrent year until 202005, commodities with hs2 code, 85, 84, 72, 87, 63, were binational trade's top five traded commodities. They correspond to import and export values of 284.7927 million, 143.5755 million, 115.9889 million, 72.4264 million, 56.9899 million and makes up 21.72%, 10.95%, 8.85%, 5.52%, 4.35% of the total binational imports and exports. These values were also down 19.30%, up 0.90%, down 24.38%, up 8.33%, up 646.62% comparing to the same period last year.

During the current year until 202005, 72, 09, 17, 26, 08 were the top five traded commodities exported to China from GUATEMALA, with export values of 24.1190 million, 10.8117 million, 8.8707 million, 2.7386 million, 1.6509 million. These values account for 46.43%, 20.81%, 17.08%, 5.27%, 3.18% of GUATEMALA's total exports and were down 52.31%, up 172.48%, up 564.82%, up 22721.53%, 0 comparing to the same period of last year.

During the current year until 202005, 85, 84, 72, 87, 63 were GUATEMALA's top five traded commodities importing from China , with import values of 284.7927 million, 143.5755 million, 91.8698 million, 72.4264 million, 56.9212 million. These values account for 22.61%, 11.40%, 7.30%, 5.75%, 4.52% of GUATEMALA's total imports and were down 19.30%, up 0.91%, down 10.63%, up 8.33%, up 645.72% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute