2022
Exports
$1.42MWorld Rnk 47 / 125
Flag Rnk 384 / 1099
2022
PRODUCT COMPLEXITY IN Cocoa Beans
-2.82Rnk 1025 / 1025
2022
Imports
$1.71MWorld Rnk 42 / 159
Flag Rnk 709 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.42M in Cocoa Beans, making it the 47th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 384th most exported product in Guatemala. The main destination of Cocoa Beans exports from Guatemala are: Netherlands ($711k), United States ($162k), Costa Rica ($89.9k), France ($84.9k), and Switzerland ($71.9k).

The fastest growing export markets for Cocoa Beans of Guatemala between 2021 and 2022 were Netherlands ($532k), France ($81.7k), and Costa Rica ($64.1k).

Imports In 2022, Guatemala imported $1.71M in Cocoa Beans, becoming the 42nd largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 709th most imported product in Guatemala. Guatemala imports Cocoa Beans primarily from: Nicaragua ($1.64M), Honduras ($68k), Ecuador ($1.42k), Colombia ($734), and United States ($165).

The fastest growing import markets in Cocoa Beans for Guatemala between 2021 and 2022 were Nicaragua ($160k), Colombia ($314), and United States ($138).

COMPANIES In 2023, leading companies such as Barry Callebaut (4) were at the forefront of shipping Cocoa Beans from Guatemala to the United States.

Latest Trends

Aug 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 Cocoa Beans. 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)$1.42M
IMPORTS (2022)$1.71M
NET TRADE (2022)-$290k

In 2022, Guatemala exported $1.42M in Cocoa Beans. The main destinations of Guatemala exports on Cocoa Beans were Netherlands ($711k), United States ($162k), Costa Rica ($89.9k), France ($84.9k), and Switzerland ($71.9k).

In 2022, Guatemala imported $1.71M in Cocoa Beans, mainly from Nicaragua ($1.64M), Honduras ($68k), Ecuador ($1.42k), Colombia ($734), and United States ($165).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Netherlands$532k (297%)
France$81.7k (2.54k%)
Costa Rica$64.1k (249%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Guatemala WERE (2021 - 2022):
Italy-$395k (-100%)
Germany-$35.6k (-44.3%)
United States-$12.7k (-7.28%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $459k
TOP IMPORT POTENTIALHonduras+ $35.2k

Cocoa Beans’s highest export potential is Netherlands. With an export gap of $459k.   Cocoa Beans’s highest import potential is Honduras with an import gap of $35.2k.

See methodology.

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