Close

Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202008

 1.  Overview the trade of GUATEMALA in goods current year until 202008

According to Dalian Infobank, in 202008GUATEMALA's exports and imports of goods amounted to 2386.7646 million, and were down 11.44% comparing with the same period of last year. Among these, exports were down 1.50% at 943.4494 million, and imports were down 16.92% at 1443.3152 million. And the corresponding trade deficit was 499.8658 million and down 35.86%.

During the current year until 202008, GUATEMALA's total exports and imports of goods were 19061.8105 million and were down 7.67% comparing to the same period of last year. Among these, exports were 7486.4531 million and down 0.31%; imports were 11575.3573 million and down 11.88%. The total trade deficit was 4088.9042 million and down 27.33%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202008, GUATEMALA's imports and exports to five countries/territories were 5891.9869 million, 2149.7928 million, 1646.6656 million, 1276.9829 million, 870.3560 million. These values correspond to 30.91%, 11.28%, 8.64%, 6.70%, 4.57% of GUATEMALA's imports and exports, and, respectively, were down 13.12%, down 7.90%, down 6.69%, down 9.84%, up 0.38% comparing to the same period of last year.

Current year until 202008, 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 202008, GUATEMALA's exports to these five countries/territories were 2387.9936 million, 829.2109 million, 641.7962 million, 427.2485 million, 303.2180 million. These values correspond to 31.90%, 11.08%, 8.57%, 5.71%, 4.05% of GUATEMALA's exports and, respectively, were down 3.34%, down 8.96%, down 3.00%, up 20.37%, down 3.81% comparing with the same period of last year.

Current year until 202008, 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 202008, GUATEMALA's imports from these five countries/territories were 3503.9933 million, 2021.8594 million, 1343.4475 million, 447.7721 million, 353.1428 million. These values correspond to 30.27%, 17.47%, 11.61%, 3.87%, 3.05% of GUATEMALA's total imports and, respectively, were down 18.72%, down 8.90%, down 7.32%, down 11.43%, up 0.14% comparing with the same period of last year.

During the current year until 202008, the trade surplus of GUATEMALA was mainly from HONDURAS, EL SALVADOR, NICARAGUA, NETHERLANDS, SAUDI ARABIA at 413.2364 million, 381.4388 million, 350.4590 million, 167.6038 million, 164.1885 million, and down 9.42%, down 5.89%, up 25.00%, up 9.10%, up 101.13%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, COLOMBIA, INDIA at 1893.9260 million, 1115.9997 million, 1040.2295 million, 232.4158 million, 197.7497 million, and down 10.01%, down 39.36%, down 8.29%, down 32.86%, down 7.90%.

Current year until 202008, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202008,  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 1564.9124 million, 1190.6371 million, 995.1426 million, 926.9075 million, 904.9989 million, which were down 38.71%, up 21.90%, down 7.81%, down 4.13%, down 11.85% comparing with the same period of last year and account for 8.21%, 6.25%, 5.22%, 4.86%, 4.75% of GUATEMALA's total imports and exports.

During the current year until 202008, 09, 08, 61, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 1174.7884 million, 851.3354 million, 663.5571 million, 533.6424 million, 311.4403 million. These values correspond to 15.69%, 11.37%, 8.86%, 7.13%, 4.16% of GUATEMALA's total exports and, respectively, were up 22.40%, up 2.74%, down 15.17%, down 4.35%, up 0.81% comparing to the same period of last year.

During the current year until 202008, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 1374.3154 million, 952.3907 million, 849.6286 million, 741.5742 million, 692.0516 million. These values correspond to 11.87%, 8.23%, 7.34%, 6.41%, 5.98% of GUATEMALA's total exports and, respectively, were down 39.12%, down 8.21%, down 10.90%, down 19.45%, down 6.43% comparing to the same period of last year.


2. Current year until 202008, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202008, GUATEMALA-China binational exports and imports of goods amounted to 2149.7928 million and were down 7.90% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 127.9334 million and up 11.55%, imports from China to GUATEMALA were 2021.8594 million and down 8.90%. The total binational trade deficit was 1893.9260 million and down 10.01%.

During the urrent year until 202008, 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 438.4460 million, 245.7266 million, 217.8940 million, 114.8944 million, 114.1903 million and makes up 20.39%, 11.43%, 10.14%, 5.34%, 5.31% of the total binational imports and exports. These values were also down 22.22%, up 3.74%, down 6.68%, up 0.85%, up 784.05% comparing to the same period last year.

During the current year until 202008, 72, 09, 17, 08, 26 were the top five traded commodities exported to China from GUATEMALA, with export values of 86.5279 million, 16.4477 million, 8.8707 million, 6.3169 million, 4.6277 million. These values account for 67.64%, 12.86%, 6.93%, 4.94%, 3.62% of GUATEMALA's total exports and were up 5.99%, up 76.28%, down 38.94%, up 293.58%, up 38464.20% comparing to the same period of last year.

During the current year until 202008, 85, 84, 72, 87, 63 were GUATEMALA's top five traded commodities importing from China , with import values of 438.4413 million, 245.7266 million, 131.3660 million, 114.8674 million, 114.1216 million. These values account for 21.69%, 12.15%, 6.50%, 5.68%, 5.64% of GUATEMALA's total imports and were down 22.23%, up 3.75%, down 13.49%, up 0.83%, up 783.52% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute