2022
Exports
$6.68kWorld Rnk 85 / 123
Flag Rnk 949 / 1099
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$704kWorld Rnk 78 / 179
Flag Rnk 815 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $6.68k in Cocoa Butter, making it the 85th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 949th most exported product in Guatemala. The main destination of Cocoa Butter exports from Guatemala are: Switzerland ($1.58k), Japan ($1.3k), United States ($1.2k), Belize ($1.12k), and Czechia ($1.09k).

The fastest growing export markets for Cocoa Butter of Guatemala between 2021 and 2022 were Switzerland ($1.58k), Japan ($888), and Belize ($338).

Imports In 2022, Guatemala imported $704k in Cocoa Butter, becoming the 78th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 815th most imported product in Guatemala. Guatemala imports Cocoa Butter primarily from: Netherlands ($319k), Mexico ($299k), Colombia ($78.7k), United States ($6.14k), and Peru ($713).

The fastest growing import markets in Cocoa Butter for Guatemala between 2021 and 2022 were Mexico ($166k), Netherlands ($107k), and Colombia ($66.3k).

Latest Trends

Oct 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 Butter. 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)$6.68k
IMPORTS (2022)$704k
NET TRADE (2022)-$698k

In 2022, Guatemala exported $6.68k in Cocoa Butter. The main destinations of Guatemala exports on Cocoa Butter were Switzerland ($1.58k), Japan ($1.3k), United States ($1.2k), Belize ($1.12k), and Czechia ($1.09k).

In 2022, Guatemala imported $704k in Cocoa Butter, mainly from Netherlands ($319k), Mexico ($299k), Colombia ($78.7k), United States ($6.14k), and Peru ($713).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Switzerland$1.58k (1%)
Japan$888 (213%)
Belize$338 (43.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Guatemala WERE (2021 - 2022):
Mexico-$8.61k (-100%)
Czechia-$8.01k (-88%)
United States-$7.2k (-85.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.83k
TOP IMPORT POTENTIALNetherlands+ $82.4k

Cocoa Butter’s highest export potential is United States. With an export gap of $4.83k.   Cocoa Butter’s highest import potential is Netherlands with an import gap of $82.4k.

See methodology.

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