2022
Exports
$350MWorld Rnk 52 / 222
Flag Rnk 12 / 96
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.
1.97Rnk 6 / 1025
2022
Imports
$400MWorld Rnk 71 / 226
Flag Rnk 17 / 96
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $350M in Chemical products n.e.s., making it the 52nd largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 12th most exported product in Guatemala. The main destination of Chemical products n.e.s. exports from Guatemala are: Honduras ($54.3M), Costa Rica ($46.3M), Nicaragua ($46.2M), Colombia ($41.7M), and El Salvador ($40.1M).

The fastest growing export markets for Chemical products n.e.s. of Guatemala between 2021 and 2022 were Colombia ($32.6M), Honduras ($8.48M), and Mexico ($8.19M).

Imports In 2022, Guatemala imported $400M in Chemical products n.e.s., becoming the 71st largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 17th most imported product in Guatemala. Guatemala imports Chemical products n.e.s. primarily from: China ($67.2M), Mexico ($56.5M), United States ($54.8M), Chinese Taipei ($52.5M), and Costa Rica ($27.4M).

The fastest growing import markets in Chemical products n.e.s. for Guatemala between 2021 and 2022 were China ($18.2M), Chinese Taipei ($8.71M), and Mexico ($6.65M).

COMPANIES In 2023, leading companies such as Chiquita (2) and EDT (Export, Development & Trade) (1) were at the forefront of shipping Chemical products n.e.s. from Guatemala to the United States.

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 Chemical products n.e.s.. 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)$350M
IMPORTS (2022)$400M
NET TRADE (2022)-$50.4M

In 2022, Guatemala exported $350M in Chemical products n.e.s.. The main destinations of Guatemala exports on Chemical products n.e.s. were Honduras ($54.3M), Costa Rica ($46.3M), Nicaragua ($46.2M), Colombia ($41.7M), and El Salvador ($40.1M).

In 2022, Guatemala imported $400M in Chemical products n.e.s., mainly from China ($67.2M), Mexico ($56.5M), United States ($54.8M), Chinese Taipei ($52.5M), and Costa Rica ($27.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Colombia$32.6M (357%)
Honduras$8.48M (18.5%)
Mexico$8.19M (27.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Guatemala WERE (2021 - 2022):
United States-$3.09M (-85.9%)
Ecuador-$2.65M (-18.4%)
Panama-$2.13M (-10%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Chemical products n.e.s. were:
In 2022, Guatemala's main importing competitors in Chemical products n.e.s. were:

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $29.4M
TOP IMPORT POTENTIALUnited States+ $18.4M

Chemical products n.e.s.’s highest export potential is Mexico. With an export gap of $29.4M.   Chemical products n.e.s.’s highest import potential is United States with an import gap of $18.4M.

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