2023
Exports
$756MWorld Rnk 8 / 186
Flag Rnk 4 / 1091
2023
PRODUCT COMPLEXITY IN Raw Sugar
-1.88Rnk 988 / 1025
2023
Imports
$101kWorld Rnk 206 / 225
Flag Rnk 998 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $756M 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 ($135M), Chile ($104M), Chinese Taipei ($97.2M), Peru ($52.1M), and Mexico ($41M).

The fastest growing export markets for Raw Sugar of Guatemala between 2022 and 2023 were Mexico ($34.8M), Spain ($19.2M), and New Zealand ($13.7M).

Imports In 2023, Guatemala imported $101k in Raw Sugar, becoming the 206th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 998th most imported product in Guatemala. Guatemala imports Raw Sugar primarily from: United States ($70.9k), Nicaragua ($10.8k), El Salvador ($10.4k), China ($3.23k), and United Kingdom ($2.04k).

The fastest growing import markets in Raw Sugar for Guatemala between 2022 and 2023 were United States ($41.2k), Nicaragua ($10.8k), and El Salvador ($10.4k).

Latest Trends

Jan 2025

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 (2023)$756M
IMPORTS (2023)$101k
NET TRADE (2023)$756M

In 2023, Guatemala exported $756M in Raw Sugar. The main destinations of Guatemala exports on Raw Sugar were United States ($135M), Chile ($104M), Chinese Taipei ($97.2M), Peru ($52.1M), and Mexico ($41M).

In 2023, Guatemala imported $101k in Raw Sugar, mainly from United States ($70.9k), Nicaragua ($10.8k), El Salvador ($10.4k), China ($3.23k), and United Kingdom ($2.04k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Mexico$34.8M (559%)
Spain$19.2M (107%)
New Zealand$13.7M (25.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Guatemala WERE (2022 - 2023):
Mauritania-$71.9M (-91.4%)
China-$58.7M (-92.2%)
Cote d'Ivoire-$35.9M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
In 2023, 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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