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Monitor Report of GUATEMALA trade and GUATEMALA-China binational trade in 202101

 1.  Overview the trade of GUATEMALA in goods current year until 202101

According to Dalian Infobank, in 202101GUATEMALA's exports and imports of goods amounted to 2792.4326 million, and were up 1.69% comparing with the same period of last year. Among these, exports were up 7.92% at 1089.7126 million, and imports were down 1.93% at 1702.7200 million. And the corresponding trade deficit was 613.0073 million and down 15.62%.

During the current year until 202101, GUATEMALA's total exports and imports of goods were 2792.4326 million and were up 1.69% comparing to the same period of last year. Among these, exports were 1089.7126 million and up 7.92%; imports were 1702.7200 million and down 1.93%. The total trade deficit was 613.0073 million and down 15.62%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202101, GUATEMALA's imports and exports to five countries/territories were 916.2497 million, 253.1967 million, 205.0084 million, 204.1966 million, 142.4328 million. These values correspond to 32.81%, 9.07%, 7.34%, 7.31%, 5.10% of GUATEMALA's imports and exports, and, respectively, were up 0.03%, up 5.81%, down 11.82%, up 4.41%, up 14.89% comparing to the same period of last year.

Current year until 202101, GUATEMALA and the top five trade partners UNITED STATES, EL SALVADOR, HONDURAS, SAUDI ARABIA, NICARAGUA are the top five countries/territories that GUATEMALA exports to in terms of the total export amount. During the current year until 202101, GUATEMALA's exports to these five countries/territories were 314.5640 million, 109.5134 million, 94.2084 million, 55.8995 million, 50.9461 million. These values correspond to 28.87%, 10.05%, 8.65%, 5.13%, 4.68% of GUATEMALA's exports and, respectively, were up 0.45%, up 4.12%, up 18.32%, up 28.74%, up 19.02% comparing with the same period of last year.

Current year until 202101, 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 202101, GUATEMALA's imports from these five countries/territories were 601.6857 million, 241.9089 million, 162.9013 million, 94.6832 million, 52.8419 million. These values correspond to 35.34%, 14.21%, 9.57%, 5.56%, 3.10% of GUATEMALA's total imports and, respectively, were down 0.19%, up 7.61%, down 15.90%, up 4.75%, down 5.44% comparing with the same period of last year.

During the current year until 202101, the trade surplus of GUATEMALA was mainly from SAUDI ARABIA, HONDURAS, NICARAGUA, UNITED ARAB EMIRATES, ITALY at 50.9721 million, 45.9841 million, 36.9969 million, 36.1385 million, 26.0285 million, and up 25.31%, up 30.40%, up 25.62%, up 49.61%, up 29.44%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, GERMANY, HONG KONG at 287.1216 million, 230.6212 million, 120.7942 million, 29.3710 million, 27.2945 million, and down 0.87%, up 9.66%, down 22.02%, up 78.94%, up 9.83%.

Current year until 202101, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202101,  commodities with hs2 codes, 27, 09, 84, 87, 85, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 259.1346 million, 222.9106 million, 166.8452 million, 149.3363 million, 143.9593 million, which were down 7.04%, up 29.02%, up 17.57%, up 9.17%, down 14.05% comparing with the same period of last year and account for 9.28%, 7.98%, 5.97%, 5.35%, 5.16% of GUATEMALA's total imports and exports.

During the current year until 202101, 09, 61, 08, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 221.2350 million, 107.4297 million, 104.1301 million, 97.1409 million, 54.6346 million. These values correspond to 20.30%, 9.86%, 9.56%, 8.91%, 5.01% of GUATEMALA's total exports and, respectively, were up 29.93%, up 3.29%, up 1.64%, up 31.76%, up 63.33% comparing to the same period of last year.

During the current year until 202101, 27, 84, 87, 85, 39 were GUATEMALA's top five traded commodities, with total import values of 246.5028 million, 153.8639 million, 146.0292 million, 138.7214 million, 103.1308 million. These values correspond to 14.48%, 9.04%, 8.58%, 8.15%, 6.06% of GUATEMALA's total exports and, respectively, were up 3.19%, up 14.44%, up 10.21%, down 14.90%, up 5.88% comparing to the same period of last year.


2. Current year until 202101, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202101, GUATEMALA-China binational exports and imports of goods amounted to 253.1967 million and were up 5.81% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 11.2877 million and down 22.14%, imports from China to GUATEMALA were 241.9089 million and up 7.61%. The total binational trade deficit was 230.6212 million and up 9.66%.

During the urrent year until 202101, commodities with hs2 code, 72, 84, 85, 87, 29, were binational trade's top five traded commodities. They correspond to import and export values of 39.2517 million, 27.8701 million, 25.0072 million, 24.6796 million, 12.5610 million and makes up 15.50%, 11.01%, 9.88%, 9.75%, 4.96% of the total binational imports and exports. These values were also up 44.59%, up 26.39%, down 23.34%, up 35.66%, up 0.28% comparing to the same period last year.

During the current year until 202101, 72, 09, 61, 26, 17 were the top five traded commodities exported to China from GUATEMALA, with export values of 5.4282 million, 1.9809 million, 1.9069 million, 0.8000 million, 0.6093 million. These values account for 48.09%, 17.55%, 16.89%, 7.09%, 5.40% of GUATEMALA's total exports and were down 47.49%, up 26.46%, up 107.57%, down 32.64%, up 199.78% comparing to the same period of last year.

During the current year until 202101, 72, 84, 85, 87, 29 were GUATEMALA's top five traded commodities importing from China , with import values of 33.8235 million, 27.8700 million, 25.0072 million, 24.6796 million, 12.5610 million. These values account for 13.98%, 11.52%, 10.34%, 10.20%, 5.19% of GUATEMALA's total imports and were up 101.21%, up 26.39%, down 23.34%, up 35.66%, up 0.28% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: National Statistics Institute