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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202010

 1.  Overview the trade of GUATEMALA in goods current year until 202010

According to Dalian Infobank, in 202010GUATEMALA's exports and imports of goods amounted to 2602.0515 million, and were down 5.20% comparing with the same period of last year. Among these, exports were up 6.33% at 931.3717 million, and imports were down 10.60% at 1670.6799 million. And the corresponding trade deficit was 739.3082 million and down 25.53%.

During the current year until 202010, GUATEMALA's total exports and imports of goods were 24021.8084 million and were down 7.06% comparing to the same period of last year. Among these, exports were 9279.3769 million and up 0.18%; imports were 14742.4315 million and down 11.10%. The total trade deficit was 5463.0546 million and down 25.38%.

If considering by country (region), UNITED STATES, MEXICO, CHINA, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202010, GUATEMALA's imports and exports to five countries/territories were 7908.5677 million, 2110.5657 million, 2000.4884 million, 1853.9841 million, 1247.9809 million. These values correspond to 32.92%, 8.79%, 8.33%, 7.72%, 5.20% of GUATEMALA's imports and exports, and, respectively, were down 6.15%, down 8.65%, down 32.36%, up 3.30%, up 14.81% comparing to the same period of last year.

Current year until 202010, 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 202010, GUATEMALA's exports to these five countries/territories were 2894.7269 million, 1069.8684 million, 836.6949 million, 541.8706 million, 375.1031 million. These values correspond to 31.20%, 11.53%, 9.02%, 5.84%, 4.04% of GUATEMALA's exports and, respectively, were down 4.52%, down 7.76%, up 1.45%, up 20.45%, down 18.38% comparing with the same period of last year.

Current year until 202010, 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 202010, GUATEMALA's imports from these five countries/territories were 5013.8408 million, 1810.6454 million, 1735.4626 million, 784.1158 million, 556.7789 million. These values correspond to 34.01%, 12.28%, 11.77%, 5.32%, 3.78% of GUATEMALA's total imports and, respectively, were down 7.06%, down 35.06%, down 6.24%, up 23.50%, up 22.52% comparing with the same period of last year.

During the current year until 202010, the trade surplus of GUATEMALA was mainly from HONDURAS, NICARAGUA, EL SALVADOR, NETHERLANDS, SAUDI ARABIA at 425.4088 million, 422.7784 million, 285.7526 million, 194.0768 million, 177.2918 million, and down 24.38%, up 19.31%, down 45.57%, up 6.98%, up 109.12%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, COLOMBIA, PANAMA at 2119.1139 million, 1620.8024 million, 1360.3596 million, 316.6459 million, 308.5276 million, and down 10.33%, down 38.10%, down 2.23%, down 27.53%, down 327.53%.

Current year until 202010, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202010,  commodities with hs2 codes, 27, 85, 09, 84, 39, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 1942.5543 million, 1323.5994 million, 1305.2004 million, 1194.7145 million, 1180.0527 million, which were down 39.02%, down 5.08%, up 22.05%, down 10.24%, down 2.47% comparing with the same period of last year and account for 8.09%, 5.51%, 5.43%, 4.97%, 4.91% of GUATEMALA's total imports and exports.

During the current year until 202010, 09, 08, 61, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 1285.8526 million, 1028.5949 million, 863.4410 million, 607.3648 million, 460.6754 million. These values correspond to 13.86%, 11.08%, 9.30%, 6.55%, 4.96% of GUATEMALA's total exports and, respectively, were up 22.76%, up 0.05%, down 10.10%, down 11.69%, up 17.83% comparing to the same period of last year.

During the current year until 202010, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 1722.8810 million, 1266.4886 million, 1118.7910 million, 957.9869 million, 882.9235 million. These values correspond to 11.69%, 8.59%, 7.59%, 6.50%, 5.99% of GUATEMALA's total exports and, respectively, were down 37.51%, down 5.58%, down 9.66%, down 17.92%, down 4.65% comparing to the same period of last year.


2. Current year until 202010, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202010, GUATEMALA-China binational exports and imports of goods amounted to 2000.4884 million and were down 32.36% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 189.8430 million and up 11.92%, imports from China to GUATEMALA were 1810.6454 million and down 35.06%. The total binational trade deficit was 1620.8024 million and down 38.10%.

During the urrent year until 202010, commodities with hs2 code, 72, 85, 84, 87, 29, were binational trade's top five traded commodities. They correspond to import and export values of 277.8230 million, 207.0927 million, 183.2823 million, 135.3638 million, 100.6972 million and makes up 13.89%, 10.35%, 9.16%, 6.77%, 5.03% of the total binational imports and exports. These values were also down 3.34%, down 70.82%, down 39.91%, down 5.38%, up 1.32% comparing to the same period last year.

During the current year until 202010, 72, 09, 17, 08, 26 were the top five traded commodities exported to China from GUATEMALA, with export values of 140.4016 million, 18.7449 million, 9.0028 million, 8.0949 million, 6.7710 million. These values account for 73.96%, 9.87%, 4.74%, 4.26%, 3.57% of GUATEMALA's total exports and were up 27.84%, up 76.34%, down 75.03%, up 181.92%, up 544.74% comparing to the same period of last year.

During the current year until 202010, 85, 84, 72, 87, 29 were GUATEMALA's top five traded commodities importing from China , with import values of 207.0883 million, 183.2767 million, 137.4214 million, 135.3368 million, 100.6861 million. These values account for 11.44%, 10.12%, 7.59%, 7.47%, 5.56% of GUATEMALA's total imports and were down 70.82%, down 39.91%, down 22.61%, down 5.40%, up 1.37% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute