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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202012

 1.  Overview the trade of GUATEMALA in goods current year until 202012

According to Dalian Infobank, in 202012GUATEMALA's exports and imports of goods amounted to 3113.3426 million, and were up 22.43% comparing with the same period of last year. Among these, exports were up 33.60% at 1333.2899 million, and imports were up 15.22% at 1780.0528 million. And the corresponding trade deficit was 446.7629 million and down 18.32%.

During the current year until 202012, GUATEMALA's total exports and imports of goods were 29768.0499 million and were down 4.18% comparing to the same period of last year. Among these, exports were 11562.7785 million and up 3.39%; imports were 18205.2714 million and down 8.43%. The total trade deficit was 6642.4928 million and down 23.63%.

If considering by country (region), UNITED STATES, MEXICO, CHINA, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202012, GUATEMALA's imports and exports to five countries/territories were 9803.7146 million, 2585.2561 million, 2491.4171 million, 2288.5704 million, 1514.8895 million. These values correspond to 32.93%, 8.68%, 8.37%, 7.69%, 5.09% of GUATEMALA's imports and exports, and, respectively, were down 2.82%, down 6.41%, down 29.82%, up 6.90%, up 14.57% comparing to the same period of last year.

Current year until 202012, 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 202012, GUATEMALA's exports to these five countries/territories were 3528.0717 million, 1313.9704 million, 1022.6149 million, 662.3829 million, 460.9053 million. These values correspond to 30.51%, 11.36%, 8.84%, 5.73%, 3.99% of GUATEMALA's exports and, respectively, were down 2.70%, down 5.05%, up 2.00%, up 20.48%, down 16.49% comparing with the same period of last year.

Current year until 202012, 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 202012, GUATEMALA's imports from these five countries/territories were 6275.6428 million, 2253.0061 million, 2124.3508 million, 974.5999 million, 688.5471 million. These values correspond to 34.47%, 12.38%, 11.67%, 5.35%, 3.78% of GUATEMALA's total imports and, respectively, were down 2.90%, down 32.97%, down 3.89%, up 28.75%, up 25.91% comparing with the same period of last year.

During the current year until 202012, the trade surplus of GUATEMALA was mainly from HONDURAS, NICARAGUA, EL SALVADOR, SAUDI ARABIA, NETHERLANDS at 530.3403 million, 518.9290 million, 339.3705 million, 289.7984 million, 241.6646 million, and down 22.35%, up 19.34%, down 45.86%, up 95.55%, up 6.25%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, PANAMA, COLOMBIA at 2747.5711 million, 2014.5951 million, 1663.4454 million, 392.7307 million, 365.2266 million, and down 3.15%, down 36.49%, up 0.30%, down 346.34%, down 30.74%.

Current year until 202012, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202012,  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 2415.4495 million, 1817.3108 million, 1634.9715 million, 1500.8456 million, 1447.8799 million, which were down 36.01%, up 35.26%, down 4.70%, down 6.42%, up 1.09% comparing with the same period of last year and account for 8.11%, 6.10%, 5.49%, 5.04%, 4.86% of GUATEMALA's total imports and exports.

During the current year until 202012, 09, 08, 61, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 1793.2046 million, 1256.3856 million, 1061.7506 million, 709.5373 million, 584.4770 million. These values correspond to 15.51%, 10.87%, 9.18%, 6.14%, 5.05% of GUATEMALA's total exports and, respectively, were up 36.07%, up 0.75%, down 7.47%, down 13.41%, up 19.18% comparing to the same period of last year.

During the current year until 202012, 27, 85, 84, 87, 39 were GUATEMALA's top five traded commodities, with total import values of 2151.5594 million, 1562.0692 million, 1404.9375 million, 1239.6782 million, 1080.7759 million. These values correspond to 11.82%, 8.58%, 7.72%, 6.81%, 5.94% of GUATEMALA's total exports and, respectively, were down 34.25%, down 5.16%, down 5.95%, down 13.40%, down 0.57% comparing to the same period of last year.


2. Current year until 202012, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202012, GUATEMALA-China binational exports and imports of goods amounted to 2491.4171 million and were down 29.82% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 238.4110 million and up 26.12%, imports from China to GUATEMALA were 2253.0061 million and down 32.97%. The total binational trade deficit was 2014.5951 million and down 36.49%.

During the urrent year until 202012, 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 356.7052 million, 260.7300 million, 230.5822 million, 181.6973 million, 120.0891 million and makes up 14.32%, 10.47%, 9.26%, 7.29%, 4.82% of the total binational imports and exports. These values were also up 8.61%, down 69.92%, down 38.00%, up 1.55%, up 6.25% comparing to the same period last year.

During the current year until 202012, 72, 09, 17, 08, 26 were the top five traded commodities exported to China from GUATEMALA, with export values of 185.8349 million, 18.9463 million, 9.3876 million, 8.2391 million, 6.7710 million. These values account for 77.95%, 7.95%, 3.94%, 3.46%, 2.84% of GUATEMALA's total exports and were up 47.58%, up 64.54%, down 74.10%, up 152.95%, up 262.85% comparing to the same period of last year.

During the current year until 202012, 85, 84, 87, 72, 29 were GUATEMALA's top five traded commodities importing from China , with import values of 260.7231 million, 230.5766 million, 181.6703 million, 170.8704 million, 120.0780 million. These values account for 11.57%, 10.23%, 8.06%, 7.58%, 5.33% of GUATEMALA's total imports and were down 69.92%, down 38.00%, up 1.54%, down 15.62%, up 6.29% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute