2022
Exports
$430MWorld Rnk 1 / 139
Flag Rnk 7 / 1099
2022
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.93Rnk 992 / 1025
2022
Imports
$4.47MWorld Rnk 40 / 208
Flag Rnk 533 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $430M 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 7th most exported product in Guatemala. The main destination of Nutmeg, mace and cardamons exports from Guatemala are: Saudi Arabia ($104M), United Arab Emirates ($72.3M), Jordan ($44M), Bangladesh ($27.1M), and Egypt ($18.8M).

The fastest growing export markets for Nutmeg, mace and cardamons of Guatemala between 2021 and 2022 were Jordan ($18.1M), Afghanistan ($4.61M), and Turkey ($3.57M).

Imports In 2022, Guatemala imported $4.47M in Nutmeg, mace and cardamons, becoming the 40th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 533rd most imported product in Guatemala. Guatemala imports Nutmeg, mace and cardamons primarily from: United Arab Emirates ($2.56M), Honduras ($1.73M), India ($71.3k), Germany ($62k), and United States ($29k).

The fastest growing import markets in Nutmeg, mace and cardamons for Guatemala between 2021 and 2022 were United Arab Emirates ($2.2M), Honduras ($86.3k), and United States ($19.7k).

Latest Trends

Sep 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 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 (2022)$430M
IMPORTS (2022)$4.47M
NET TRADE (2022)$426M

In 2022, Guatemala exported $430M in Nutmeg, mace and cardamons. The main destinations of Guatemala exports on Nutmeg, mace and cardamons were Saudi Arabia ($104M), United Arab Emirates ($72.3M), Jordan ($44M), Bangladesh ($27.1M), and Egypt ($18.8M).

In 2022, Guatemala imported $4.47M in Nutmeg, mace and cardamons, mainly from United Arab Emirates ($2.56M), Honduras ($1.73M), India ($71.3k), Germany ($62k), and United States ($29k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Jordan$18.1M (70%)
Afghanistan$4.61M (369%)
Turkey$3.57M (40%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Guatemala WERE (2021 - 2022):
Saudi Arabia-$73.4M (-41.3%)
Russia-$30.3M (-98.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Nutmeg, mace and cardamons were:
In 2022, Guatemala's main importing competitors in Nutmeg, mace and cardamons were:

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Trade Value of Nutmeg, mace and cardamons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $3.59M
TOP IMPORT POTENTIALIndia+ $96.7k

Nutmeg, mace and cardamons’s highest export potential is United States. With an export gap of $3.59M.   Nutmeg, mace and cardamons’s highest import potential is India with an import gap of $96.7k.

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