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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202007

 1.  Overview the trade of GUATEMALA in goods current year until 202007

According to Dalian Infobank, in 202007GUATEMALA's exports and imports of goods amounted to 2442.9860 million, and were down 6.83% comparing with the same period of last year. Among these, exports were up 9.09% at 1001.6479 million, and imports were down 15.41% at 1441.3381 million. And the corresponding trade deficit was 439.6902 million and down 44.04%.

During the current year until 202007, GUATEMALA's total exports and imports of goods were 16675.0459 million and were down 7.10% comparing to the same period of last year. Among these, exports were 6543.0037 million and down 0.13%; imports were 10132.0421 million and down 11.11%. The total trade deficit was 3589.0384 million and down 25.95%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202007, GUATEMALA's imports and exports to five countries/territories were 5142.2317 million, 1855.2331 million, 1432.5617 million, 1096.0068 million, 748.0921 million. These values correspond to 30.84%, 11.13%, 8.59%, 6.57%, 4.49% of GUATEMALA's imports and exports, and, respectively, were down 13.79%, down 8.34%, down 6.42%, down 10.67%, up 0.51% comparing to the same period of last year.

Current year until 202007, 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 202007, GUATEMALA's exports to these five countries/territories were 2063.3731 million, 712.0635 million, 548.1301 million, 372.2525 million, 262.8822 million. These values correspond to 31.54%, 10.88%, 8.38%, 5.69%, 4.02% of GUATEMALA's exports and, respectively, were down 4.92%, down 9.25%, down 3.56%, up 21.89%, up 5.70% comparing with the same period of last year.

Current year until 202007, 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 202007, GUATEMALA's imports from these five countries/territories were 3078.8585 million, 1761.3035 million, 1172.9964 million, 383.9433 million, 304.9049 million. These values correspond to 30.39%, 17.38%, 11.58%, 3.79%, 3.01% of GUATEMALA's total imports and, respectively, were down 18.87%, down 8.49%, down 7.13%, down 13.19%, down 0.09% comparing with the same period of last year.

During the current year until 202007, the trade surplus of GUATEMALA was mainly from HONDURAS, EL SALVADOR, NICARAGUA, SAUDI ARABIA, NETHERLANDS at 348.1682 million, 328.1202 million, 305.7943 million, 159.2433 million, 154.9267 million, and down 11.26%, down 4.17%, up 26.09%, up 104.38%, up 12.72%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, COLOMBIA, INDIA at 1667.3740 million, 1015.4854 million, 913.4311 million, 198.7757 million, 174.0101 million, and down 8.67%, down 37.51%, down 8.24%, down 30.29%, down 9.25%.

Current year until 202007, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202007,  commodities with hs2 codes, 27, 09, 85, 39, 84, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 1365.9044 million, 1101.6149 million, 859.9637 million, 805.9871 million, 775.7776 million, which were down 38.51%, up 23.13%, down 7.79%, down 3.70%, down 12.76% comparing with the same period of last year and account for 8.19%, 6.61%, 5.16%, 4.83%, 4.65% of GUATEMALA's total imports and exports.

During the current year until 202007, 09, 08, 61, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 1087.8659 million, 735.5675 million, 571.8886 million, 500.6545 million, 249.8965 million. These values correspond to 16.63%, 11.24%, 8.74%, 7.65%, 3.82% of GUATEMALA's total exports and, respectively, were up 23.44%, up 1.73%, down 16.83%, up 4.59%, down 4.02% comparing to the same period of last year.

During the current year until 202007, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 1205.3674 million, 823.6474 million, 729.3074 million, 662.0649 million, 604.1294 million. These values correspond to 11.90%, 8.13%, 7.20%, 6.53%, 5.96% of GUATEMALA's total exports and, respectively, were down 38.93%, down 8.09%, down 11.53%, down 17.85%, down 5.81% comparing to the same period of last year.


2. Current year until 202007, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202007, GUATEMALA-China binational exports and imports of goods amounted to 1855.2331 million and were down 8.34% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 93.9296 million and down 5.30%, imports from China to GUATEMALA were 1761.3035 million and down 8.49%. The total binational trade deficit was 1667.3740 million and down 8.67%.

During the urrent year until 202007, 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 387.9704 million, 206.5571 million, 171.6098 million, 106.8233 million, 102.1306 million and makes up 20.91%, 11.13%, 9.25%, 5.76%, 5.51% of the total binational imports and exports. These values were also down 20.48%, up 1.17%, down 14.49%, up 857.78%, up 3.24% comparing to the same period last year.

During the current year until 202007, 72, 09, 17, 08, 26 were the top five traded commodities exported to China from GUATEMALA, with export values of 57.1930 million, 14.8454 million, 8.8707 million, 4.6371 million, 3.7661 million. These values account for 60.89%, 15.80%, 9.44%, 4.94%, 4.01% of GUATEMALA's total exports and were down 18.27%, up 115.14%, down 38.52%, up 367.22%, up 31283.95% comparing to the same period of last year.

During the current year until 202007, 85, 84, 72, 63, 87 were GUATEMALA's top five traded commodities importing from China , with import values of 387.9704 million, 206.5571 million, 114.4168 million, 106.7545 million, 102.1036 million. These values account for 22.03%, 11.73%, 6.50%, 6.06%, 5.80% of GUATEMALA's total imports and were down 20.48%, up 1.18%, down 12.46%, up 857.16%, up 3.21% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute