2023
Exports
$920kWorld Rnk 57 / 146
Flag Rnk 438 / 1091
2023
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.23Rnk 625 / 1025
2023
Imports
$35.5MWorld Rnk 24 / 209
Flag Rnk 175 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $920k in Petroleum Jelly, making it the 57th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 438th most exported product in Guatemala. The main destination of Petroleum Jelly exports from Guatemala are: Honduras ($373k), Nicaragua ($180k), United Arab Emirates ($171k), El Salvador ($126k), and Costa Rica ($46k).

The fastest growing export markets for Petroleum Jelly of Guatemala between 2022 and 2023 were United Arab Emirates ($162k), Nicaragua ($78.9k), and Belize ($4.64k).

Imports In 2023, Guatemala imported $35.5M in Petroleum Jelly, becoming the 24th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 175th most imported product in Guatemala. Guatemala imports Petroleum Jelly primarily from: China ($26.4M), India ($2.94M), United States ($1.57M), Chinese Taipei ($1.1M), and Malaysia ($828k).

The fastest growing import markets in Petroleum Jelly for Guatemala between 2022 and 2023 were Chinese Taipei ($1.1M), India ($1.03M), and Colombia ($660k).

Latest Trends

Dec 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 Petroleum Jelly. 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 (2023)$920k
IMPORTS (2023)$35.5M
NET TRADE (2023)-$34.6M

In 2023, Guatemala exported $920k in Petroleum Jelly. The main destinations of Guatemala exports on Petroleum Jelly were Honduras ($373k), Nicaragua ($180k), United Arab Emirates ($171k), El Salvador ($126k), and Costa Rica ($46k).

In 2023, Guatemala imported $35.5M in Petroleum Jelly, mainly from China ($26.4M), India ($2.94M), United States ($1.57M), Chinese Taipei ($1.1M), and Malaysia ($828k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
United Arab Emirates$162k (1.76k%)
Nicaragua$78.9k (77.8%)
Belize$4.64k (3.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Guatemala WERE (2022 - 2023):
Mexico-$291k (-99.3%)
Honduras-$167k (-30.9%)
Costa Rica-$34.2k (-42.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Petroleum Jelly were:
In 2023, Guatemala's main importing competitors in Petroleum Jelly were:

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $442k
TOP IMPORT POTENTIALUnited States+ $813k

Petroleum Jelly’s highest export potential is Mexico. With an export gap of $442k.   Petroleum Jelly’s highest import potential is United States with an import gap of $813k.

See methodology.

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