2022
Exports
$4.35MWorld Rnk 60 / 177
Flag Rnk 250 / 1099
2022
PRODUCT COMPLEXITY IN Other Sugars
-0.11Rnk 587 / 1025
2022
Imports
$32.6MWorld Rnk 46 / 221
Flag Rnk 178 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $4.35M in Other Sugars, making it the 60th largest exporter of Other Sugars in the world. At the same year, Other Sugars was the 250th most exported product in Guatemala. The main destination of Other Sugars exports from Guatemala are: Honduras ($1.51M), El Salvador ($1.15M), Dominican Republic ($437k), United States ($424k), and Nicaragua ($249k).

The fastest growing export markets for Other Sugars of Guatemala between 2021 and 2022 were Honduras ($839k), Dominican Republic ($270k), and El Salvador ($210k).

Imports In 2022, Guatemala imported $32.6M in Other Sugars, becoming the 46th largest importer of Other Sugars in the world. At the same year, Other Sugars was the 178th most imported product in Guatemala. Guatemala imports Other Sugars primarily from: United States ($11.9M), Mexico ($9.03M), China ($5.02M), Turkey ($2.12M), and Brazil ($1.72M).

The fastest growing import markets in Other Sugars for Guatemala between 2021 and 2022 were United States ($3.5M), Mexico ($3.21M), and China ($1.83M).

COMPANIES In 2023, leading companies such as Old Navy (6), One Banana (6), and Classic Fruit Company (4) were at the forefront of shipping Other Sugars 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 Other Sugars. 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)$4.35M
IMPORTS (2022)$32.6M
NET TRADE (2022)-$28.3M

In 2022, Guatemala exported $4.35M in Other Sugars. The main destinations of Guatemala exports on Other Sugars were Honduras ($1.51M), El Salvador ($1.15M), Dominican Republic ($437k), United States ($424k), and Nicaragua ($249k).

In 2022, Guatemala imported $32.6M in Other Sugars, mainly from United States ($11.9M), Mexico ($9.03M), China ($5.02M), Turkey ($2.12M), and Brazil ($1.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Sugars EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$839k (125%)
Dominican Republic$270k (161%)
El Salvador$210k (22.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sugars BY Guatemala WERE (2021 - 2022):
United States-$616k (-59.3%)
Costa Rica-$36.6k (-14.8%)
Philippines-$27k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Other Sugars were:
In 2022, Guatemala's main importing competitors in Other Sugars were:

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Trade Value of Other Sugars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $745k
TOP IMPORT POTENTIALChina+ $1.07M

Other Sugars’s highest export potential is United States. With an export gap of $745k.   Other Sugars’s highest import potential is China with an import gap of $1.07M.

See methodology.

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