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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202011

 1.  Overview the trade of GUATEMALA in goods current year until 202011

According to Dalian Infobank, in 202011GUATEMALA's exports and imports of goods amounted to 2632.8988 million, and were down 1.65% comparing with the same period of last year. Among these, exports were up 2.86% at 950.1117 million, and imports were down 4.03% at 1682.7871 million. And the corresponding trade deficit was 732.6753 million and down 11.70%.

During the current year until 202011, GUATEMALA's total exports and imports of goods were 26654.7072 million and were down 6.55% comparing to the same period of last year. Among these, exports were 10229.4886 million and up 0.43%; imports were 16425.2186 million and down 10.42%. The total trade deficit was 6195.7300 million and down 23.98%.

If considering by country (region), UNITED STATES, MEXICO, CHINA, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202011, GUATEMALA's imports and exports to five countries/territories were 8798.2126 million, 2348.7781 million, 2218.5584 million, 2059.2403 million, 1370.3086 million. These values correspond to 33.01%, 8.81%, 8.32%, 7.73%, 5.14% of GUATEMALA's imports and exports, and, respectively, were down 4.85%, down 8.03%, down 32.32%, up 4.68%, up 13.55% comparing to the same period of last year.

Current year until 202011, 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 202011, GUATEMALA's exports to these five countries/territories were 3183.0973 million, 1182.2494 million, 927.2290 million, 600.8778 million, 413.8660 million. These values correspond to 31.12%, 11.56%, 9.06%, 5.87%, 4.05% of GUATEMALA's exports and, respectively, were down 3.65%, down 6.86%, up 1.43%, up 20.41%, down 18.33% comparing with the same period of last year.

Current year until 202011, 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 202011, GUATEMALA's imports from these five countries/territories were 5615.1153 million, 2005.3575 million, 1934.9121 million, 876.9908 million, 621.8802 million. These values correspond to 34.19%, 12.21%, 11.78%, 5.34%, 3.79% of GUATEMALA's total imports and, respectively, were down 5.52%, down 35.11%, down 5.48%, up 25.65%, up 23.10% comparing with the same period of last year.

During the current year until 202011, the trade surplus of GUATEMALA was mainly from HONDURAS, NICARAGUA, EL SALVADOR, SAUDI ARABIA, NETHERLANDS at 484.1493 million, 468.7669 million, 305.2586 million, 220.2756 million, 209.8860 million, and down 22.11%, up 19.34%, down 46.57%, up 82.41%, down 0.56%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, PANAMA, COLOMBIA at 2432.0180 million, 1792.1567 million, 1521.0461 million, 359.1711 million, 339.0291 million, and down 7.86%, down 38.25%, down 1.25%, down 343.53%, down 31.34%.

Current year until 202011, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202011,  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 2176.8631 million, 1480.9282 million, 1453.8255 million, 1348.3036 million, 1309.3675 million, which were down 37.49%, down 5.78%, up 22.73%, down 7.98%, down 1.66% comparing with the same period of last year and account for 8.17%, 5.56%, 5.45%, 5.06%, 4.91% of GUATEMALA's total imports and exports.

During the current year until 202011, 09, 08, 61, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 1431.8266 million, 1130.6871 million, 953.6610 million, 621.6060 million, 518.3932 million. These values correspond to 14.00%, 11.05%, 9.32%, 6.08%, 5.07% of GUATEMALA's total exports and, respectively, were up 23.40%, down 0.52%, down 9.15%, down 15.39%, up 13.15% comparing to the same period of last year.

During the current year until 202011, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 1931.9845 million, 1417.3577 million, 1264.3890 million, 1091.6021 million, 978.0831 million. These values correspond to 11.76%, 8.63%, 7.70%, 6.65%, 5.95% of GUATEMALA's total exports and, respectively, were down 36.24%, down 6.33%, down 7.28%, down 15.82%, down 3.78% comparing to the same period of last year.


2. Current year until 202011, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202011, GUATEMALA-China binational exports and imports of goods amounted to 2218.5584 million and were down 32.32% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 213.2008 million and up 13.48%, imports from China to GUATEMALA were 2005.3575 million and down 35.11%. The total binational trade deficit was 1792.1567 million and down 38.25%.

During the urrent year until 202011, 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 310.0460 million, 234.4775 million, 205.1014 million, 152.1140 million, 107.4376 million and makes up 13.98%, 10.57%, 9.24%, 6.86%, 4.84% of the total binational imports and exports. These values were also down 0.97%, down 70.43%, down 39.38%, down 5.28%, up 1.08% comparing to the same period last year.

During the current year until 202011, 72, 09, 17, 08, 26 were the top five traded commodities exported to China from GUATEMALA, with export values of 161.9305 million, 18.7813 million, 9.0028 million, 8.2391 million, 6.7710 million. These values account for 75.95%, 8.81%, 4.22%, 3.86%, 3.18% of GUATEMALA's total exports and were up 28.59%, up 72.62%, down 75.10%, up 152.95%, up 262.85% comparing to the same period of last year.

During the current year until 202011, 85, 84, 87, 72, 29 were GUATEMALA's top five traded commodities importing from China , with import values of 234.4706 million, 205.0958 million, 152.0870 million, 148.1155 million, 107.4265 million. These values account for 11.69%, 10.23%, 7.58%, 7.39%, 5.36% of GUATEMALA's total imports and were down 70.43%, down 39.38%, down 5.30%, down 20.86%, up 1.13% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute