2022
Exports
$76.5MWorld Rnk 43 / 169
Flag Rnk 46 / 1099
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$61.2MWorld Rnk 36 / 217
Flag Rnk 98 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $76.5M in Crustaceans, making it the 43rd largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 46th most exported product in Guatemala. The main destination of Crustaceans exports from Guatemala are: United States ($34.2M), Mexico ($10.8M), Spain ($10.8M), Netherlands ($8.22M), and Chinese Taipei ($3.44M).

The fastest growing export markets for Crustaceans of Guatemala between 2021 and 2022 were United States ($10.8M), United Kingdom ($928k), and Morocco ($855k).

Imports In 2022, Guatemala imported $61.2M in Crustaceans, becoming the 36th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 98th most imported product in Guatemala. Guatemala imports Crustaceans primarily from: Ecuador ($26.6M), Nicaragua ($13M), Argentina ($9.06M), Honduras ($5.69M), and United States ($2.51M).

The fastest growing import markets in Crustaceans for Guatemala between 2021 and 2022 were Nicaragua ($6.32M), Ecuador ($4.77M), and United States ($1.79M).

COMPANIES In 2023, leading companies such as Del Monte Foods (3) and Goya Foods (1) were at the forefront of shipping Crustaceans from Guatemala to the United States.

Latest Trends

Oct 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 Crustaceans. 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)$76.5M
IMPORTS (2022)$61.2M
NET TRADE (2022)$15.2M

In 2022, Guatemala exported $76.5M in Crustaceans. The main destinations of Guatemala exports on Crustaceans were United States ($34.2M), Mexico ($10.8M), Spain ($10.8M), Netherlands ($8.22M), and Chinese Taipei ($3.44M).

In 2022, Guatemala imported $61.2M in Crustaceans, mainly from Ecuador ($26.6M), Nicaragua ($13M), Argentina ($9.06M), Honduras ($5.69M), and United States ($2.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$10.8M (46.2%)
United Kingdom$928k (1.44k%)
Morocco$855k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Guatemala WERE (2021 - 2022):
Spain-$7.44M (-40.8%)
Mexico-$3.96M (-26.8%)
Netherlands-$1.56M (-16%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Guatemala's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.4M
TOP IMPORT POTENTIALIndia+ $2.41M

Crustaceans’s highest export potential is United States. With an export gap of $23.4M.   Crustaceans’s highest import potential is India with an import gap of $2.41M.

See methodology.

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