2022
Exports
$71.6MWorld Rnk 21 / 175
Flag Rnk 50 / 1099
2022
PRODUCT COMPLEXITY IN Frozen Vegetables
-0.82Rnk 783 / 1025
2022
Imports
$8.86MWorld Rnk 64 / 220
Flag Rnk 399 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $71.6M in Frozen Vegetables, making it the 21st largest exporter of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 50th most exported product in Guatemala. The main destination of Frozen Vegetables exports from Guatemala are: United States ($63.8M), Mexico ($2.88M), Japan ($2.34M), Belgium ($789k), and South Korea ($667k).

The fastest growing export markets for Frozen Vegetables of Guatemala between 2021 and 2022 were Mexico ($1.03M), United States ($826k), and Belgium ($652k).

Imports In 2022, Guatemala imported $8.86M in Frozen Vegetables, becoming the 64th largest importer of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 399th most imported product in Guatemala. Guatemala imports Frozen Vegetables primarily from: China ($4.87M), India ($1.05M), Egypt ($942k), United States ($744k), and Belgium ($495k).

The fastest growing import markets in Frozen Vegetables for Guatemala between 2021 and 2022 were Egypt ($923k), India ($521k), and Poland ($289k).

COMPANIES In 2023, leading companies such as Goya Foods (2) and Rothfos (1) were at the forefront of shipping Frozen Vegetables from Guatemala to the United States.

Latest Trends

Nov 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 Frozen Vegetables. 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)$71.6M
IMPORTS (2022)$8.86M
NET TRADE (2022)$62.7M

In 2022, Guatemala exported $71.6M in Frozen Vegetables. The main destinations of Guatemala exports on Frozen Vegetables were United States ($63.8M), Mexico ($2.88M), Japan ($2.34M), Belgium ($789k), and South Korea ($667k).

In 2022, Guatemala imported $8.86M in Frozen Vegetables, mainly from China ($4.87M), India ($1.05M), Egypt ($942k), United States ($744k), and Belgium ($495k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Vegetables EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Mexico$1.03M (56.1%)
United States$826k (1.31%)
Belgium$652k (475%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Vegetables BY Guatemala WERE (2021 - 2022):
Japan-$388k (-14.2%)
Canada-$362k (-61.5%)
United Kingdom-$215k (-52.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Frozen Vegetables were:
China $1.41B
Belgium $1.26B
Spain $703M
In 2022, Guatemala's main importing competitors in Frozen Vegetables were:

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Trade Value of Frozen Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $2.45M
TOP IMPORT POTENTIALChina+ $325k

Frozen Vegetables’s highest export potential is Japan. With an export gap of $2.45M.   Frozen Vegetables’s highest import potential is China with an import gap of $325k.

See methodology.

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