2022
Exports
$6.41MWorld Rnk 45 / 145
Flag Rnk 218 / 1099
2022
PRODUCT COMPLEXITY IN Carboxylic Acids
0.82Rnk 239 / 1025
2022
Imports
$37.4MWorld Rnk 48 / 203
Flag Rnk 158 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $6.41M in Carboxylic Acids, making it the 45th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 218th most exported product in Guatemala. The main destination of Carboxylic Acids exports from Guatemala are: El Salvador ($1.85M), Honduras ($1.82M), Dominican Republic ($788k), Nicaragua ($725k), and Costa Rica ($504k).

The fastest growing export markets for Carboxylic Acids of Guatemala between 2021 and 2022 were Honduras ($1.15M), El Salvador ($749k), and Dominican Republic ($366k).

Imports In 2022, Guatemala imported $37.4M in Carboxylic Acids, becoming the 48th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 158th most imported product in Guatemala. Guatemala imports Carboxylic Acids primarily from: China ($28.6M), Germany ($1.48M), Brazil ($1.27M), Spain ($963k), and Canada ($922k).

The fastest growing import markets in Carboxylic Acids for Guatemala between 2021 and 2022 were China ($12.5M), Germany ($754k), and Brazil ($566k).

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 Carboxylic Acids. 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)$6.41M
IMPORTS (2022)$37.4M
NET TRADE (2022)-$31M

In 2022, Guatemala exported $6.41M in Carboxylic Acids. The main destinations of Guatemala exports on Carboxylic Acids were El Salvador ($1.85M), Honduras ($1.82M), Dominican Republic ($788k), Nicaragua ($725k), and Costa Rica ($504k).

In 2022, Guatemala imported $37.4M in Carboxylic Acids, mainly from China ($28.6M), Germany ($1.48M), Brazil ($1.27M), Spain ($963k), and Canada ($922k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$1.15M (171%)
El Salvador$749k (67.9%)
Dominican Republic$366k (86.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Guatemala WERE (2021 - 2022):
Uruguay-$31.5k (-100%)
Colombia-$2.29k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Guatemala's main importing competitors in Carboxylic Acids were:

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $371k
TOP IMPORT POTENTIALIndia+ $906k

Carboxylic Acids’s highest export potential is Mexico. With an export gap of $371k.   Carboxylic Acids’s highest import potential is India with an import gap of $906k.

See methodology.

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