2022
Exports
$9.73MWorld Rnk 66 / 175
Flag Rnk 176 / 1099
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2022
Imports
$4.71MWorld Rnk 77 / 224
Flag Rnk 519 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $9.73M in Processed Crustaceans, making it the 66th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 176th most exported product in Guatemala. The main destination of Processed Crustaceans exports from Guatemala are: Spain ($4.29M), Mexico ($2.52M), Portugal ($787k), South Africa ($641k), and France ($458k).

The fastest growing export markets for Processed Crustaceans of Guatemala between 2021 and 2022 were Mexico ($1.21M), Honduras ($138k), and El Salvador ($102k).

Imports In 2022, Guatemala imported $4.71M in Processed Crustaceans, becoming the 77th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 519th most imported product in Guatemala. Guatemala imports Processed Crustaceans primarily from: United States ($2.07M), India ($1.02M), New Zealand ($367k), Honduras ($294k), and Norway ($261k).

The fastest growing import markets in Processed Crustaceans for Guatemala between 2021 and 2022 were United States ($378k), New Zealand ($319k), and Ecuador ($229k).

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 Processed Crustaceans. 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)$9.73M
IMPORTS (2022)$4.71M
NET TRADE (2022)$5.02M

In 2022, Guatemala exported $9.73M in Processed Crustaceans. The main destinations of Guatemala exports on Processed Crustaceans were Spain ($4.29M), Mexico ($2.52M), Portugal ($787k), South Africa ($641k), and France ($458k).

In 2022, Guatemala imported $4.71M in Processed Crustaceans, mainly from United States ($2.07M), India ($1.02M), New Zealand ($367k), Honduras ($294k), and Norway ($261k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Mexico$1.21M (93.2%)
Honduras$138k (291%)
El Salvador$102k (33.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Guatemala WERE (2021 - 2022):
Spain-$2.79M (-39.4%)
South Africa-$381k (-37.3%)
United States-$241k (-41.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Guatemala's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.63M
TOP IMPORT POTENTIALChina+ $68.7k

Processed Crustaceans’s highest export potential is United States. With an export gap of $4.63M.   Processed Crustaceans’s highest import potential is China with an import gap of $68.7k.

See methodology.

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