2022
Exports
$923kWorld Rnk 91 / 169
Flag Rnk 454 / 1099
2022
PRODUCT COMPLEXITY IN Cheese
-0.14Rnk 591 / 1025
2022
Imports
$121MWorld Rnk 52 / 223
Flag Rnk 52 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $923k in Cheese, making it the 91st largest exporter of Cheese in the world. At the same year, Cheese was the 454th most exported product in Guatemala. The main destination of Cheese exports from Guatemala are: El Salvador ($786k), Honduras ($65.2k), United States ($60.2k), Panama ($7.01k), and Nicaragua ($4.05k).

The fastest growing export markets for Cheese of Guatemala between 2021 and 2022 were El Salvador ($578k), Honduras ($65.2k), and Panama ($7.01k).

Imports In 2022, Guatemala imported $121M in Cheese, becoming the 52nd largest importer of Cheese in the world. At the same year, Cheese was the 52nd most imported product in Guatemala. Guatemala imports Cheese primarily from: United States ($67.2M), El Salvador ($32.8M), Costa Rica ($5.22M), New Zealand ($3.66M), and Mexico ($2.71M).

The fastest growing import markets in Cheese for Guatemala between 2021 and 2022 were United States ($22.4M), El Salvador ($5.76M), and Denmark ($736k).

COMPANIES In 2023, leading companies such as EDT (Export, Development & Trade) (8) and Goya Foods (1) were at the forefront of shipping Cheese 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 Cheese. 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)$923k
IMPORTS (2022)$121M
NET TRADE (2022)-$120M

In 2022, Guatemala exported $923k in Cheese. The main destinations of Guatemala exports on Cheese were El Salvador ($786k), Honduras ($65.2k), United States ($60.2k), Panama ($7.01k), and Nicaragua ($4.05k).

In 2022, Guatemala imported $121M in Cheese, mainly from United States ($67.2M), El Salvador ($32.8M), Costa Rica ($5.22M), New Zealand ($3.66M), and Mexico ($2.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$578k (277%)
Honduras$65.2k (1%)
Panama$7.01k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Guatemala WERE (2021 - 2022):
Austria-$818k (-100%)
United States-$104k (-63.4%)
Nicaragua-$56.4k (-93.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Cheese were:
In 2022, Guatemala's main importing competitors in Cheese were:
Germany $5.19B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEl Salvador+ $192k
TOP IMPORT POTENTIALMexico+ $1.68M

Cheese’s highest export potential is El Salvador. With an export gap of $192k.   Cheese’s highest import potential is Mexico with an import gap of $1.68M.

See methodology.

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