2021
Exports | Imports
$615M | $2.23MWorld Rnk 1 / 141
Flag Rnk 4 / 1094
World Rnk 60 / 206
Flag Rnk 634 / 1191
2021
ECONOMIC COMPLEXITY of Guatemala
-0.24Rnk 76 / 131
2021
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.9Rnk 988 / 1024

About

Exports In 2021, Guatemala exported $615M in Nutmeg, mace and cardamons, making it the 1st largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 4th most exported product in Guatemala. The main destination of Nutmeg, mace and cardamons exports from Guatemala are: Saudi Arabia ($178M), United Arab Emirates ($106M), Egypt ($32.2M), Bangladesh ($31.1M), and Russia ($30.9M).

The fastest growing export markets for Nutmeg, mace and cardamons of Guatemala between 2020 and 2021 were Russia ($17.2M), Jordan ($12.7M), and Syria ($6.32M).

Imports In 2021, Guatemala imported $2.23M in Nutmeg, mace and cardamons, becoming the 60th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 634th most imported product in Guatemala. Guatemala imports Nutmeg, mace and cardamons primarily from: Honduras ($1.64M), United Arab Emirates ($357k), India ($102k), Germany ($72.4k), and Nicaragua ($37.9k).

The fastest growing import markets in Nutmeg, mace and cardamons for Guatemala between 2020 and 2021 were United Arab Emirates ($324k), Germany ($56.6k), and Indonesia ($3.16k).

Latest Trends

Dec 2023

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 Nutmeg, mace and cardamons. 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 (2021)$615M
IMPORTS (2021)$2.23M
NET TRADE (2021)$613M

In 2021, Guatemala exported $615M in Nutmeg, mace and cardamons. The main destinations of Guatemala exports on Nutmeg, mace and cardamons were Saudi Arabia ($178M), United Arab Emirates ($106M), Egypt ($32.2M), Bangladesh ($31.1M), and Russia ($30.9M).

In 2021, Guatemala imported $2.23M in Nutmeg, mace and cardamons, mainly from Honduras ($1.64M), United Arab Emirates ($357k), India ($102k), Germany ($72.4k), and Nicaragua ($37.9k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Guatemala WERE (2020 - 2021):
Russia$17.2M (125%)
Jordan$12.7M (96.8%)
Syria$6.32M (81.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Guatemala WERE (2020 - 2021):
Saudi Arabia-$137M (-43.6%)
United Arab Emirates-$127M (-54.4%)
Egypt-$102M (-76.1%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Guatemala's main exporting competitors in Nutmeg, mace and cardamons were:
In 2021, Guatemala's main importing competitors in Nutmeg, mace and cardamons were:

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Trade Value of Nutmeg, mace and cardamons by Exporters

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