2022
Exports
$1.39MWorld Rnk 61 / 120
Flag Rnk 388 / 1099
2022
PRODUCT COMPLEXITY IN Cyclic Hydrocarbons
0.72Rnk 268 / 1025
2022
Imports
$17.7MWorld Rnk 59 / 194
Flag Rnk 279 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.39M in Cyclic Hydrocarbons, making it the 61st largest exporter of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 388th most exported product in Guatemala. The main destination of Cyclic Hydrocarbons exports from Guatemala are: El Salvador ($1.25M), Honduras ($140k), Panama ($542), Nicaragua ($477), and Costa Rica ($248).

The fastest growing export markets for Cyclic Hydrocarbons of Guatemala between 2021 and 2022 were El Salvador ($324k), Honduras ($140k), and Nicaragua ($477).

Imports In 2022, Guatemala imported $17.7M in Cyclic Hydrocarbons, becoming the 59th largest importer of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 279th most imported product in Guatemala. Guatemala imports Cyclic Hydrocarbons primarily from: United States ($10.5M), Mexico ($2.73M), Nicaragua ($1.95M), Spain ($1.67M), and China ($447k).

The fastest growing import markets in Cyclic Hydrocarbons for Guatemala between 2021 and 2022 were United States ($3.22M), Mexico ($1.99M), and Nicaragua ($1.93M).

COMPANIES In 2023, leading companies such as Goya Foods (21) and REI (Recreational Equipment Incorporated) (6) were at the forefront of shipping Cyclic Hydrocarbons 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 Cyclic Hydrocarbons. 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)$1.39M
IMPORTS (2022)$17.7M
NET TRADE (2022)-$16.3M

In 2022, Guatemala exported $1.39M in Cyclic Hydrocarbons. The main destinations of Guatemala exports on Cyclic Hydrocarbons were El Salvador ($1.25M), Honduras ($140k), Panama ($542), Nicaragua ($477), and Costa Rica ($248).

In 2022, Guatemala imported $17.7M in Cyclic Hydrocarbons, mainly from United States ($10.5M), Mexico ($2.73M), Nicaragua ($1.95M), Spain ($1.67M), and China ($447k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cyclic Hydrocarbons EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$324k (35.1%)
Honduras$140k (201k%)
Nicaragua$477 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cyclic Hydrocarbons BY Guatemala WERE (2021 - 2022):
Canada-$233k (-100%)
Costa Rica-$18.7k (-98.7%)
Panama-$1.11k (-67.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cyclic Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHonduras+ $20.5k
TOP IMPORT POTENTIALUnited States+ $1.06M

Cyclic Hydrocarbons’s highest export potential is Honduras. With an export gap of $20.5k.   Cyclic Hydrocarbons’s highest import potential is United States with an import gap of $1.06M.

See methodology.

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