Exports In 2023, Guatemala exported $824M 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 ($333M), Spain ($166M), Mexico ($106M), Germany ($65.5M), and El Salvador ($56.4M).
The fastest growing export markets for Palm Oil of Guatemala between 2022 and 2023 were Germany ($43.2M), Belgium ($6.73M), and Costa Rica ($1.98M).
Imports In 2023, Guatemala imported $49.2M in Palm Oil, becoming the 81st largest importer of Palm Oil in the world. At the same year, Palm Oil was the 129th most imported product in Guatemala. Guatemala imports Palm Oil primarily from: Honduras ($18M), Peru ($11.3M), Indonesia ($9.57M), Mexico ($7.32M), and Costa Rica ($2.56M).
The fastest growing import markets in Palm Oil for Guatemala between 2022 and 2023 were Indonesia ($6.35M), Costa Rica ($806k), and Colombia ($262k).