2022
Exports
$133kWorld Rnk 93 / 148
Flag Rnk 711 / 1099
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$11.6MWorld Rnk 72 / 220
Flag Rnk 342 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $133k in Butter, making it the 93rd largest exporter of Butter in the world. At the same year, Butter was the 711th most exported product in Guatemala. The main destination of Butter exports from Guatemala are: Honduras ($90.2k), El Salvador ($42.5k), United States ($210), and Cuba ($2).

The fastest growing export markets for Butter of Guatemala between 2021 and 2022 were El Salvador ($41.1k) and Cuba ($2).

Imports In 2022, Guatemala imported $11.6M in Butter, becoming the 72nd largest importer of Butter in the world. At the same year, Butter was the 342nd most imported product in Guatemala. Guatemala imports Butter primarily from: New Zealand ($6.53M), Costa Rica ($1.89M), United States ($716k), Australia ($623k), and China ($602k).

The fastest growing import markets in Butter for Guatemala between 2021 and 2022 were New Zealand ($3.97M), Costa Rica ($376k), and Australia ($194k).

Latest Trends

Jul 2024

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 Butter. 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 (2022)$133k
IMPORTS (2022)$11.6M
NET TRADE (2022)-$11.4M

In 2022, Guatemala exported $133k in Butter. The main destinations of Guatemala exports on Butter were Honduras ($90.2k), El Salvador ($42.5k), United States ($210), and Cuba ($2).

In 2022, Guatemala imported $11.6M in Butter, mainly from New Zealand ($6.53M), Costa Rica ($1.89M), United States ($716k), Australia ($623k), and China ($602k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$41.1k (3.04k%)
Cuba$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Guatemala WERE (2021 - 2022):
Honduras-$30.7k (-25.4%)
United States-$2.31k (-91.7%)
Austria-$110 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Butter were:
In 2022, Guatemala's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEl Salvador+ $9.25k
TOP IMPORT POTENTIALUnited States+ $301k

Butter’s highest export potential is El Salvador. With an export gap of $9.25k.   Butter’s highest import potential is United States with an import gap of $301k.

See methodology.

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