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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202006

 1.  Overview the trade of GUATEMALA in goods current year until 202006

According to Dalian Infobank, in 202006GUATEMALA's exports and imports of goods amounted to 2082.8245 million, and were down 15.93% comparing with the same period of last year. Among these, exports were down 17.39% at 786.7079 million, and imports were down 15.02% at 1296.1167 million. And the corresponding trade deficit was 509.4088 million and down 11.10%.

During the current year until 202006, GUATEMALA's total exports and imports of goods were 14232.0599 million and were down 7.15% comparing to the same period of last year. Among these, exports were 5541.3559 million and down 1.63%; imports were 8690.7040 million and down 10.36%. The total trade deficit was 3149.3482 million and down 22.45%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202006, GUATEMALA's imports and exports to five countries/territories were 4385.6757 million, 1586.9242 million, 1221.7920 million, 916.7668 million, 626.4779 million. These values correspond to 30.82%, 11.15%, 8.58%, 6.44%, 4.40% of GUATEMALA's imports and exports, and, respectively, were down 14.83%, down 6.60%, down 4.58%, down 11.16%, down 0.50% comparing to the same period of last year.

Current year until 202006, 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 202006, GUATEMALA's exports to these five countries/territories were 1745.0593 million, 596.4887 million, 460.5050 million, 315.7199 million, 218.2495 million. These values correspond to 31.49%, 10.76%, 8.31%, 5.70%, 3.94% of GUATEMALA's exports and, respectively, were down 7.06%, down 10.16%, down 4.46%, up 21.76%, up 4.31% comparing with the same period of last year.

Current year until 202006, 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 202006, GUATEMALA's imports from these five countries/territories were 2640.6165 million, 1518.1498 million, 1004.5766 million, 320.2781 million, 254.4543 million. These values correspond to 30.38%, 17.47%, 11.56%, 3.69%, 2.93% of GUATEMALA's total imports and, respectively, were down 19.29%, down 5.93%, down 5.64%, down 12.97%, down 1.94% comparing with the same period of last year.

During the current year until 202006, the trade surplus of GUATEMALA was mainly from HONDURAS, EL SALVADOR, NICARAGUA, SAUDI ARABIA, NETHERLANDS at 294.5320 million, 276.2106 million, 259.2928 million, 151.7900 million, 145.1985 million, and down 11.91%, down 6.66%, up 25.36%, up 94.23%, up 22.36%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, COLOMBIA, INDIA at 1449.3755 million, 895.5572 million, 787.3612 million, 177.4930 million, 152.1192 million, and down 5.19%, down 35.76%, down 7.23%, down 25.24%, down 9.94%.

Current year until 202006, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202006,  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 1201.1280 million, 925.2735 million, 730.8739 million, 685.4845 million, 662.6484 million, which were down 37.31%, up 15.32%, down 6.15%, down 4.16%, up 1.63% comparing with the same period of last year and account for 8.44%, 6.50%, 5.14%, 4.82%, 4.66% of GUATEMALA's total imports and exports.

During the current year until 202006, 09, 08, 61, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 913.6714 million, 630.3251 million, 484.5774 million, 461.4955 million, 201.6889 million. These values correspond to 16.49%, 11.37%, 8.74%, 8.33%, 3.64% of GUATEMALA's total exports and, respectively, were up 15.51%, up 1.43%, down 18.22%, up 8.12%, down 1.12% comparing to the same period of last year.

During the current year until 202006, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 1074.4298 million, 700.2273 million, 608.5558 million, 584.7355 million, 516.9984 million. These values correspond to 12.36%, 8.06%, 7.00%, 6.73%, 5.95% of GUATEMALA's total exports and, respectively, were down 36.92%, down 6.21%, down 12.83%, down 13.96%, down 5.78% comparing to the same period of last year.


2. Current year until 202006, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202006, GUATEMALA-China binational exports and imports of goods amounted to 1586.9242 million and were down 6.60% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 68.7743 million and down 19.23%, imports from China to GUATEMALA were 1518.1498 million and down 5.93%. The total binational trade deficit was 1449.3755 million and down 5.19%.

During the urrent year until 202006, commodities with hs2 code, 85, 84, 72, 63, 87, were binational trade's top five traded commodities. They correspond to import and export values of 337.5251 million, 169.3514 million, 146.1646 million, 91.0204 million, 86.7918 million and makes up 21.27%, 10.67%, 9.21%, 5.74%, 5.47% of the total binational imports and exports. These values were also down 18.39%, down 0.60%, down 13.68%, up 870.22%, up 11.01% comparing to the same period last year.

During the current year until 202006, 72, 09, 17, 08, 26 were the top five traded commodities exported to China from GUATEMALA, with export values of 37.3866 million, 12.8323 million, 8.8707 million, 2.8514 million, 2.7386 million. These values account for 54.36%, 18.66%, 12.90%, 4.15%, 3.98% of GUATEMALA's total exports and were down 37.10%, up 172.16%, down 38.52%, up 726.48%, up 22721.53% comparing to the same period of last year.

During the current year until 202006, 85, 84, 72, 63, 87 were GUATEMALA's top five traded commodities importing from China , with import values of 337.5251 million, 169.3514 million, 108.7780 million, 90.9516 million, 86.7648 million. These values account for 22.23%, 11.16%, 7.17%, 5.99%, 5.72% of GUATEMALA's total imports and were down 18.39%, down 0.60%, down 1.01%, up 869.49%, up 10.98% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute