2021
Exports | Imports
$1.01B | $1.47MWorld Rnk 5 / 166
Flag Rnk 1 / 1094
World Rnk 101 / 203
Flag Rnk 709 / 1191
2021
ECONOMIC COMPLEXITY of Guatemala
-0.24Rnk 76 / 131
2021
PRODUCT COMPLEXITY IN Bananas
-2.02Rnk 1000 / 1024

About

Exports In 2021, Guatemala exported $1.01B in Bananas, making it the 5th largest exporter of Bananas in the world. At the same year, Bananas was the 1st most exported product in Guatemala. The main destination of Bananas exports from Guatemala are: United States ($895M), Poland ($25.7M), Russia ($15.2M), Canada ($14.5M), and El Salvador ($11.7M).

The fastest growing export markets for Bananas of Guatemala between 2020 and 2021 were Poland ($23M), Russia ($11.4M), and South Korea ($6.29M).

Imports In 2021, Guatemala imported $1.47M in Bananas, becoming the 101st largest importer of Bananas in the world. At the same year, Bananas was the 709th most imported product in Guatemala. Guatemala imports Bananas primarily from: Mexico ($1.12M), Honduras ($184k), Peru ($78.3k), United States ($39.9k), and Ecuador ($38.9k).

The fastest growing import markets in Bananas for Guatemala between 2020 and 2021 were Peru ($78.3k), Ecuador ($15.3k), and Colombia ($1.13k).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bananas. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$1.01B
IMPORTS (2021)$1.47M
NET TRADE (2021)$1B

In 2021, Guatemala exported $1.01B in Bananas. The main destinations of Guatemala exports on Bananas were United States ($895M), Poland ($25.7M), Russia ($15.2M), Canada ($14.5M), and El Salvador ($11.7M).

In 2021, Guatemala imported $1.47M in Bananas, mainly from Mexico ($1.12M), Honduras ($184k), Peru ($78.3k), United States ($39.9k), and Ecuador ($38.9k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Guatemala WERE (2020 - 2021):
Poland$23M (852%)
Russia$11.4M (295%)
South Korea$6.29M (455%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Guatemala WERE (2020 - 2021):
Canada-$136M (-90.3%)
Netherlands-$31M (-94%)
United States-$13.1M (-1.44%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Guatemala's main exporting competitors in Bananas were:
In 2021, Guatemala's main importing competitors in Bananas were:

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Trade Value of Bananas by Exporters

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