2022
Exports
$39MWorld Rnk 64 / 198
Flag Rnk 48 / 96
falsefalse Honduras
2022
PRODUCT COMPLEXITY IN Products of the milling industry
0.65Rnk 295 / 1025
2022
Imports
$144MWorld Rnk 48 / 223
Flag Rnk 41 / 96
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $39M in Products of the milling industry, making it the 64th largest exporter of Products of the milling industry in the world. At the same year, Products of the milling industry was the 48th most exported product in Guatemala. The main destination of Products of the milling industry exports from Guatemala are: Honduras ($16.7M), El Salvador ($10.8M), Costa Rica ($4.34M), Nicaragua ($3.1M), and Panama ($1.9M).

Imports In 2022, Guatemala imported $144M in Products of the milling industry, becoming the 48th largest importer of Products of the milling industry in the world. At the same year, Products of the milling industry was the 41st most imported product in Guatemala. Guatemala imports Products of the milling industry primarily from: Mexico ($25.8M), Chile ($18.6M), El Salvador ($16.4M), Belgium ($15.1M), and Honduras ($10.1M).

The fastest growing import markets in Products of the milling industry for Guatemala between 2021 and 2022 were Uruguay ($8.92M), Mexico ($7.78M), and Argentina ($6.96M).

COMPANIES In 2023, leading companies such as Goya Foods (2), One Banana (1), and EDT (Export, Development & Trade) (1) were at the forefront of shipping Products of the milling industry from Guatemala to the United States.

Latest Trends

Jul 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 Products of the milling industry. 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)$39M
IMPORTS (2022)$144M
NET TRADE (2022)-$105M

In 2022, Guatemala exported $39M in Products of the milling industry. The main destinations of Guatemala exports on Products of the milling industry were Honduras ($16.7M), El Salvador ($10.8M), Costa Rica ($4.34M), Nicaragua ($3.1M), and Panama ($1.9M).

In 2022, Guatemala imported $144M in Products of the milling industry, mainly from Mexico ($25.8M), Chile ($18.6M), El Salvador ($16.4M), Belgium ($15.1M), and Honduras ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Products of the milling industry were:
In 2022, Guatemala's main importing competitors in Products of the milling industry were:

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Trade Value of Products of the milling industry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.67M
TOP IMPORT POTENTIALCanada+ $1.1M

Products of the milling industry’s highest export potential is United States. With an export gap of $2.67M.   Products of the milling industry’s highest import potential is Canada with an import gap of $1.1M.

See methodology.

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