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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202009

 1.  Overview the trade of GUATEMALA in goods current year until 202009

According to Dalian Infobank, in 202009GUATEMALA's exports and imports of goods amounted to 2389.2570 million, and were down 2.70% comparing with the same period of last year. Among these, exports were up 1.97% at 894.2707 million, and imports were down 5.29% at 1494.9864 million. And the corresponding trade deficit was 600.7157 million and down 14.38%.

During the current year until 202009, GUATEMALA's total exports and imports of goods were 21419.7569 million and were down 7.28% comparing to the same period of last year. Among these, exports were 8348.0052 million and down 0.46%; imports were 13071.7517 million and down 11.16%. The total trade deficit was 4723.7464 million and down 25.35%.

If considering by country (region), UNITED STATES, MEXICO, CHINA, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202009, GUATEMALA's imports and exports to five countries/territories were 7053.4735 million, 1866.4289 million, 1767.2034 million, 1638.1901 million, 1100.8197 million. These values correspond to 32.93%, 8.71%, 8.25%, 7.65%, 5.14% of GUATEMALA's imports and exports, and, respectively, were down 6.33%, down 8.11%, down 32.42%, up 2.10%, up 13.36% comparing to the same period of last year.

Current year until 202009, 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 202009, GUATEMALA's exports to these five countries/territories were 2617.7086 million, 946.2066 million, 735.3292 million, 483.3721 million, 337.3413 million. These values correspond to 31.36%, 11.33%, 8.81%, 5.79%, 4.04% of GUATEMALA's exports and, respectively, were down 4.12%, down 8.57%, down 0.38%, up 20.94%, down 16.31% comparing with the same period of last year.

Current year until 202009, 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 202009, GUATEMALA's imports from these five countries/territories were 4435.7649 million, 1606.4064 million, 1529.0876 million, 691.9835 million, 494.3160 million. These values correspond to 33.93%, 12.29%, 11.70%, 5.29%, 3.78% of GUATEMALA's total imports and, respectively, were down 7.59%, down 35.10%, down 6.08%, up 21.50%, up 23.23% comparing with the same period of last year.

During the current year until 202009, the trade surplus of GUATEMALA was mainly from NICARAGUA, HONDURAS, EL SALVADOR, NETHERLANDS, SAUDI ARABIA at 377.9056 million, 369.8387 million, 254.2230 million, 173.7871 million, 164.8875 million, and up 19.90%, down 26.80%, down 45.37%, down 1.07%, up 106.32%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, COLOMBIA, PANAMA at 1818.0563 million, 1445.6095 million, 1191.7462 million, 279.0328 million, 275.6584 million, and down 12.17%, down 38.10%, down 2.72%, down 28.55%, down 321.07%.

Current year until 202009, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 27, 09, 85, 84, 39, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 1727.2889 million, 1243.9521 million, 1153.7793 million, 1051.5222 million, 1045.7410 million, which were down 39.44%, up 21.40%, down 5.07%, down 10.47%, down 3.61% comparing with the same period of last year and account for 8.06%, 5.81%, 5.39%, 4.91%, 4.88% of GUATEMALA's total imports and exports.

During the current year until 202009, 09, 08, 61, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 1226.7056 million, 940.2187 million, 755.3090 million, 569.9017 million, 381.6872 million. These values correspond to 14.69%, 11.26%, 9.05%, 6.83%, 4.57% of GUATEMALA's total exports and, respectively, were up 21.98%, up 1.45%, down 12.97%, down 7.39%, up 9.39% comparing to the same period of last year.

During the current year until 202009, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 1526.5510 million, 1103.2998 million, 985.2842 million, 835.5132 million, 781.5060 million. These values correspond to 11.68%, 8.44%, 7.54%, 6.39%, 5.98% of GUATEMALA's total exports and, respectively, were down 38.24%, down 5.56%, down 9.79%, down 18.95%, down 6.00% comparing to the same period of last year.


2. Current year until 202009, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202009, GUATEMALA-China binational exports and imports of goods amounted to 1767.2034 million and were down 32.42% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 160.7969 million and up 15.05%, imports from China to GUATEMALA were 1606.4064 million and down 35.10%. The total binational trade deficit was 1445.6095 million and down 38.10%.

During the urrent year until 202009, commodities with hs2 code, 72, 85, 84, 87, 63, were binational trade's top five traded commodities. They correspond to import and export values of 244.5897 million, 182.0935 million, 159.2877 million, 120.8122 million, 93.8203 million and makes up 13.84%, 10.30%, 9.01%, 6.84%, 5.31% of the total binational imports and exports. These values were also down 2.60%, down 70.76%, down 40.31%, down 4.79%, up 522.62% comparing to the same period last year.

During the current year until 202009, 72, 09, 17, 08, 26 were the top five traded commodities exported to China from GUATEMALA, with export values of 115.0107 million, 17.8196 million, 8.8707 million, 7.6156 million, 5.5983 million. These values account for 71.53%, 11.08%, 5.52%, 4.74%, 3.48% of GUATEMALA's total exports and were up 20.56%, up 71.74%, down 62.26%, up 317.29%, up 46552.86% comparing to the same period of last year.

During the current year until 202009, 85, 84, 72, 87, 63 were GUATEMALA's top five traded commodities importing from China , with import values of 182.0891 million, 159.2877 million, 129.5790 million, 120.7852 million, 93.7515 million. These values account for 11.34%, 9.92%, 8.07%, 7.52%, 5.84% of GUATEMALA's total imports and were down 70.77%, down 40.31%, down 16.78%, down 4.81%, up 522.16% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute