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2023
Exports $340kWorld Rnk 47 / 107
Flag Rnk 569 / 1091
2023
Destination $27.8k Netherlands
2022 - 2023
FASTEST GROWING MARKET $27.8kGermany
2023
PRODUCT COMPLEXITY IN Cocoa Paste-0.83Rnk 788 / 1025
2023
Imports $1.87MWorld Rnk 65 / 167
Flag Rnk 678 / 1187
2023
Origin $383k Ecuador
2022 - 2023
FASTEST GROWING ORIGIN $383kEcuador
2023
ECONOMIC COMPLEXITY of Guatemala-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $340k in Cocoa Paste, making it the 47th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 569th most exported product in Guatemala. The main destination of Cocoa Paste exports from Guatemala are: Netherlands ($99k), United States ($86.9k), Germany ($46.9k), United Kingdom ($30.8k), and Canada ($9.7k).

The fastest growing export markets for Cocoa Paste of Guatemala between 2022 and 2023 were Germany ($27.8k), Netherlands ($25.8k), and United States ($16.9k).

Imports In 2023, Guatemala imported $1.87M in Cocoa Paste, becoming the 65th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 678th most imported product in Guatemala. Guatemala imports Cocoa Paste primarily from: Ecuador ($1.05M), Mexico ($402k), Peru ($278k), Spain ($96.5k), and France ($46.1k).

The fastest growing import markets in Cocoa Paste for Guatemala between 2022 and 2023 were Ecuador ($383k), Peru ($131k), and Spain ($96.5k).

Latest Trends

Jan 2025

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 Cocoa Paste. 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 (2023)$340k
IMPORTS (2023)$1.87M
NET TRADE (2023)-$1.53M

In 2023, Guatemala exported $340k in Cocoa Paste. The main destinations of Guatemala exports on Cocoa Paste were Netherlands ($99k), United States ($86.9k), Germany ($46.9k), United Kingdom ($30.8k), and Canada ($9.7k).

In 2023, Guatemala imported $1.87M in Cocoa Paste, mainly from Ecuador ($1.05M), Mexico ($402k), Peru ($278k), Spain ($96.5k), and France ($46.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Germany$27.8k (146%)
Netherlands$25.8k (35.2%)
United States$16.9k (24.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Guatemala WERE (2022 - 2023):
Belgium-$58.1k (-99.7%)
Austria-$13.7k (-64.4%)
New Zealand-$8.57k (-90.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Cocoa Paste were:
Cote d'Ivoire $1.32B
Netherlands $781M
Ghana $440M
In 2023, Guatemala's main importing competitors in Cocoa Paste were:
United States $560M
Germany $452M
Netherlands $405M

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $49.5k
TOP IMPORT POTENTIALPeru+ $31.8k

Cocoa Paste’s highest export potential is Netherlands. With an export gap of $49.5k.   Cocoa Paste’s highest import potential is Peru with an import gap of $31.8k.

See methodology.

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