2022
Exports
$5.69MWorld Rnk 72 / 126
Flag Rnk 228 / 1099
2022
PRODUCT COMPLEXITY IN Animal Meal and Pellets
-1.49Rnk 946 / 1025
2022
Imports
$25MWorld Rnk 39 / 173
Flag Rnk 219 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $5.69M in Animal Meal and Pellets, making it the 72nd largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 228th most exported product in Guatemala. The main destination of Animal Meal and Pellets exports from Guatemala are: Panama ($3.14M), Spain ($2.42M), Honduras ($88.6k), El Salvador ($19.8k), and Nicaragua ($17.1k).

The fastest growing export markets for Animal Meal and Pellets of Guatemala between 2021 and 2022 were Spain ($575k), Panama ($520k), and Honduras ($88.6k).

Imports In 2022, Guatemala imported $25M in Animal Meal and Pellets, becoming the 39th largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 219th most imported product in Guatemala. Guatemala imports Animal Meal and Pellets primarily from: United States ($13.5M), El Salvador ($3.25M), Peru ($2.62M), Ecuador ($2.51M), and Mexico ($2.04M).

The fastest growing import markets in Animal Meal and Pellets for Guatemala between 2021 and 2022 were United States ($5.85M), El Salvador ($1.71M), and Ecuador ($1.27M).

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 Animal Meal and Pellets. 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)$5.69M
IMPORTS (2022)$25M
NET TRADE (2022)-$19.3M

In 2022, Guatemala exported $5.69M in Animal Meal and Pellets. The main destinations of Guatemala exports on Animal Meal and Pellets were Panama ($3.14M), Spain ($2.42M), Honduras ($88.6k), El Salvador ($19.8k), and Nicaragua ($17.1k).

In 2022, Guatemala imported $25M in Animal Meal and Pellets, mainly from United States ($13.5M), El Salvador ($3.25M), Peru ($2.62M), Ecuador ($2.51M), and Mexico ($2.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Spain$575k (31.2%)
Panama$520k (19.8%)
Honduras$88.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY Guatemala WERE (2021 - 2022):
El Salvador-$90k (-82%)
Colombia-$25.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Animal Meal and Pellets were:
In 2022, Guatemala's main importing competitors in Animal Meal and Pellets were:

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Trade Value of Animal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALHonduras+ $103k
TOP IMPORT POTENTIALPeru+ $1.5M

Animal Meal and Pellets’s highest export potential is Honduras. With an export gap of $103k.   Animal Meal and Pellets’s highest import potential is Peru with an import gap of $1.5M.

See methodology.

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