Palm Oil in Guatemala | The Observatory of Economic Complexity

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Exports In 2022, Guatemala exported $937M in Palm Oil, making it the 6th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 3rd most exported product in Guatemala. The main destination of Palm Oil exports from Guatemala are: Netherlands ($356M), Spain ($181M), Mexico ($129M), El Salvador ($80.6M), and Italy ($67.7M).

The fastest growing export markets for Palm Oil of Guatemala between 2021 and 2022 were Netherlands ($191M), Mexico ($38.8M), and Spain ($23.6M).

Imports In 2022, Guatemala imported $49.4M in Palm Oil, becoming the 88th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 126th most imported product in Guatemala. Guatemala imports Palm Oil primarily from: Honduras ($21.3M), Peru ($9.98M), Mexico ($9.88M), Indonesia ($3.74M), and Costa Rica ($1.86M).

The fastest growing import markets in Palm Oil for Guatemala between 2021 and 2022 were Peru ($6.87M), Honduras ($5.05M), and Cameroon ($49.3k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Palm Oil from Guatemala to the United States.

Feb 2024

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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 Palm Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2022)$937M

IMPORTS (2022)$49.4M

NET TRADE (2022)$888M

In 2022, Guatemala exported $937M in Palm Oil. The main destinations of Guatemala exports on Palm Oil were Netherlands ($356M), Spain ($181M), Mexico ($129M), El Salvador ($80.6M), and Italy ($67.7M).

In 2022, Guatemala imported $49.4M in Palm Oil, mainly from Honduras ($21.3M), Peru ($9.98M), Mexico ($9.88M), Indonesia ($3.74M), and Costa Rica ($1.86M).