China / Guatemala

Overview In February 2024, China exported $338M and imported $8.81M from Guatemala, resulting in a positive trade balance of $330M. Between February 2023 and February 2024 the exports of China have increased by $114M (50.9%) from $224M to $338M, while imports decreased by $-24.2M (-73.3%) from $33M to $8.81M.

Trade In February 2024, the top exports of China to Guatemala were Telephones ($20.5M), Aluminium Plating ($12.5M), Railway Cargo Containers ($10.9M), Motorcycles and cycles ($8.94M), and Rubber Tires ($7.7M). In February 2024 the top imports of China from Guatemala were Raw Sugar ($23.2M), Ferroalloys ($18M), Nickel Ore ($12.9M), Scrap Copper ($1.31M), and Glycosides ($926k).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($86.7M), Zhejiang Province ($74.4M), Jiangsu Province ($33.6M), Shandong Province ($26.5M), and Shanghai Province ($19M), while imports destinations were mainly Zhejiang Province ($3.43M), Shandong Province ($2.96M), Guangdong Province ($1.24M), Shanghai Province ($519k), and Jiangsu Province ($317k).

Growth In February 2024, the increase in China's year-by-year exports to Guatemala was explained primarily by an increase in product exports in Telephones ($9.89M or 92.9%), Delivery Trucks ($4.34M or 420%), and Other toys ($3.53M or 143%). In February 2024, the decrease in China's year-by-year imports  from Guatemala was explained primarily by an decrease in product imports  in Scrap Copper ($-1.06M or -44.7%), Sowing Seeds ($-357k or -36.6%), and Rough Wood ($-179k or -53%).