2022
Exports
$816MWorld Rnk 8 / 171
Flag Rnk 4 / 1099
2022
PRODUCT COMPLEXITY IN Raw Sugar
-1.78Rnk 979 / 1025
2022
Imports
$65.6kWorld Rnk 211 / 224
Flag Rnk 1034 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $816M in Raw Sugar, making it the 8th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 4th most exported product in Guatemala. The main destination of Raw Sugar exports from Guatemala are: United States ($132M), Chile ($85.3M), Chinese Taipei ($85.2M), Mauritania ($78.7M), and China ($65.9M).

The fastest growing export markets for Raw Sugar of Guatemala between 2021 and 2022 were Mauritania ($71.1M), China ($61.1M), and United States ($53.7M).

Imports In 2022, Guatemala imported $65.6k in Raw Sugar, becoming the 211th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 1034th most imported product in Guatemala. Guatemala imports Raw Sugar primarily from: United States ($47.9k), Ecuador ($7.59k), South Korea ($5.78k), Panama ($1.29k), and Netherlands ($1.14k).

The fastest growing import markets in Raw Sugar for Guatemala between 2021 and 2022 were South Korea ($2.89k), Panama ($1.23k), and Spain ($346).

Latest Trends

Sep 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 Raw Sugar. 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)$816M
IMPORTS (2022)$65.6k
NET TRADE (2022)$815M

In 2022, Guatemala exported $816M in Raw Sugar. The main destinations of Guatemala exports on Raw Sugar were United States ($132M), Chile ($85.3M), Chinese Taipei ($85.2M), Mauritania ($78.7M), and China ($65.9M).

In 2022, Guatemala imported $65.6k in Raw Sugar, mainly from United States ($47.9k), Ecuador ($7.59k), South Korea ($5.78k), Panama ($1.29k), and Netherlands ($1.14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Mauritania$71.1M (939%)
China$61.1M (1.29k%)
United States$53.7M (68.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Guatemala WERE (2021 - 2022):
South Korea-$35.7M (-99.3%)
Cote d'Ivoire-$25.9M (-42.5%)
Libya-$23.1M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
In 2022, Guatemala's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.3M
TOP IMPORT POTENTIALUnited States+ $10.6k

Raw Sugar’s highest export potential is United States. With an export gap of $38.3M.   Raw Sugar’s highest import potential is United States with an import gap of $10.6k.

See methodology.

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