2022
Exports
$231kWorld Rnk 50 / 105
Flag Rnk 647 / 1099
2022
PRODUCT COMPLEXITY IN Cocoa Paste
-0.8Rnk 779 / 1025
2022
Imports
$1.55MWorld Rnk 68 / 169
Flag Rnk 721 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $231k in Cocoa Paste, making it the 50th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 647th most exported product in Guatemala. The main destination of Cocoa Paste exports from Guatemala are: Belgium ($55.2k), Netherlands ($48.9k), United Kingdom ($22.5k), Austria ($19.3k), and Germany ($18k).

The fastest growing export markets for Cocoa Paste of Guatemala between 2021 and 2022 were Austria ($17.1k), Netherlands ($16.8k), and United Kingdom ($15.7k).

Imports In 2022, Guatemala imported $1.55M in Cocoa Paste, becoming the 68th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 721st most imported product in Guatemala. Guatemala imports Cocoa Paste primarily from: Mexico ($740k), Ecuador ($700k), Peru ($108k), United States ($377), and Italy ($163).

The fastest growing import markets in Cocoa Paste for Guatemala between 2021 and 2022 were Mexico ($506k), Ecuador ($177k), and United States ($195).

COMPANIES In 2023, leading companies such as Barry Callebaut (43) were at the forefront of shipping Cocoa Paste from Guatemala to the United States.

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 Paste. 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)$231k
IMPORTS (2022)$1.55M
NET TRADE (2022)-$1.32M

In 2022, Guatemala exported $231k in Cocoa Paste. The main destinations of Guatemala exports on Cocoa Paste were Belgium ($55.2k), Netherlands ($48.9k), United Kingdom ($22.5k), Austria ($19.3k), and Germany ($18k).

In 2022, Guatemala imported $1.55M in Cocoa Paste, mainly from Mexico ($740k), Ecuador ($700k), Peru ($108k), United States ($377), and Italy ($163).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Austria$17.1k (776%)
Netherlands$16.8k (52.1%)
United Kingdom$15.7k (230%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Guatemala WERE (2021 - 2022):
Belgium-$18.7k (-25.3%)
Iceland-$15.2k (-87.8%)
Finland-$4.93k (-96.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $49.5k
TOP IMPORT POTENTIALPeru+ $31.8k

Cocoa Paste’s highest export potential is Netherlands. With an export gap of $49.5k.   Cocoa Paste’s highest import potential is Peru with an import gap of $31.8k.

See methodology.

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