2023
Exports
$51.1MWorld Rnk 45 / 163
Flag Rnk 62 / 1091
2023
PRODUCT COMPLEXITY IN Crustaceans
-1.94Rnk 993 / 1025
2023
Imports
$62.8MWorld Rnk 34 / 216
Flag Rnk 109 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $51.1M in Crustaceans, making it the 45th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 62nd most exported product in Guatemala. The main destination of Crustaceans exports from Guatemala are: United States ($21.9M), Mexico ($11.6M), Spain ($8.33M), Chinese Taipei ($2.45M), and France ($2.35M).

The fastest growing export markets for Crustaceans of Guatemala between 2022 and 2023 were Mexico ($783k), Spain ($737k), and Lithuania ($153k).

Imports In 2023, Guatemala imported $62.8M in Crustaceans, becoming the 34th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 109th most imported product in Guatemala. Guatemala imports Crustaceans primarily from: Ecuador ($35.3M), Nicaragua ($10.4M), Honduras ($8.26M), Argentina ($3.88M), and Peru ($2.51M).

The fastest growing import markets in Crustaceans for Guatemala between 2022 and 2023 were Ecuador ($8.84M), Honduras ($2.57M), and India ($787k).

COMPANIES In 2024, leading companies such as Goya Foods (2) were at the forefront of shipping Crustaceans from Guatemala to the United States.

Latest Trends

Dec 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 (2023)$51.1M
IMPORTS (2023)$62.8M
NET TRADE (2023)-$11.8M

In 2023, Guatemala exported $51.1M in Crustaceans. The main destinations of Guatemala exports on Crustaceans were United States ($21.9M), Mexico ($11.6M), Spain ($8.33M), Chinese Taipei ($2.45M), and France ($2.35M).

In 2023, Guatemala imported $62.8M in Crustaceans, mainly from Ecuador ($35.3M), Nicaragua ($10.4M), Honduras ($8.26M), Argentina ($3.88M), and Peru ($2.51M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Mexico$783k (7.25%)
Spain$737k (9.71%)
Lithuania$153k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Guatemala WERE (2022 - 2023):
United States-$12.3M (-36.1%)
Netherlands-$8M (-89.7%)
Chinese Taipei-$1.2M (-32.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Crustaceans were:
Ecuador $6.88B
India $4.56B
Canada $2.96B
In 2023, 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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