2022
Exports
$102kWorld Rnk 89 / 145
Flag Rnk 748 / 1099
2022
PRODUCT COMPLEXITY IN Buckwheat
-1.6Rnk 959 / 1025
2022
Imports
$2.22MWorld Rnk 69 / 210
Flag Rnk 662 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $102k in Buckwheat, making it the 89th largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 748th most exported product in Guatemala. The main destination of Buckwheat exports from Guatemala are: Panama ($53.6k), Honduras ($23k), United States ($15.9k), Nicaragua ($8.62k), and Netherlands ($269).

The fastest growing export markets for Buckwheat of Guatemala between 2021 and 2022 were Honduras ($14.3k), Nicaragua ($5k), and Panama ($3.24k).

Imports In 2022, Guatemala imported $2.22M in Buckwheat, becoming the 69th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 662nd most imported product in Guatemala. Guatemala imports Buckwheat primarily from: Canada ($1.34M), United States ($454k), Argentina ($154k), Ukraine ($101k), and China ($51.8k).

The fastest growing import markets in Buckwheat for Guatemala between 2021 and 2022 were Canada ($461k), Argentina ($154k), and United States ($143k).

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 Buckwheat. 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)$102k
IMPORTS (2022)$2.22M
NET TRADE (2022)-$2.11M

In 2022, Guatemala exported $102k in Buckwheat. The main destinations of Guatemala exports on Buckwheat were Panama ($53.6k), Honduras ($23k), United States ($15.9k), Nicaragua ($8.62k), and Netherlands ($269).

In 2022, Guatemala imported $2.22M in Buckwheat, mainly from Canada ($1.34M), United States ($454k), Argentina ($154k), Ukraine ($101k), and China ($51.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$14.3k (164%)
Nicaragua$5k (138%)
Panama$3.24k (6.43%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Guatemala WERE (2021 - 2022):El Salvador-$130 (-40.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Buckwheat were:
In 2022, Guatemala's main importing competitors in Buckwheat were:

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $28.2k
TOP IMPORT POTENTIALPeru+ $54.9k

Buckwheat’s highest export potential is United States. With an export gap of $28.2k.   Buckwheat’s highest import potential is Peru with an import gap of $54.9k.

See methodology.

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