2022
Exports
$5.56MWorld Rnk 37 / 140
Flag Rnk 232 / 1099
2022
PRODUCT COMPLEXITY IN Enzymes
1.11Rnk 130 / 1025
2022
Imports
$19.4MWorld Rnk 49 / 200
Flag Rnk 267 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $5.56M in Enzymes, making it the 37th largest exporter of Enzymes in the world. At the same year, Enzymes was the 232nd most exported product in Guatemala. The main destination of Enzymes exports from Guatemala are: El Salvador ($2.2M), Honduras ($1.54M), Costa Rica ($687k), Mexico ($325k), and Dominican Republic ($239k).

The fastest growing export markets for Enzymes of Guatemala between 2021 and 2022 were Costa Rica ($372k), Mexico ($303k), and Honduras ($190k).

Imports In 2022, Guatemala imported $19.4M in Enzymes, becoming the 49th largest importer of Enzymes in the world. At the same year, Enzymes was the 267th most imported product in Guatemala. Guatemala imports Enzymes primarily from: United States ($5.06M), Denmark ($4.21M), Netherlands ($2.01M), Germany ($1.33M), and Argentina ($1.02M).

The fastest growing import markets in Enzymes for Guatemala between 2021 and 2022 were Denmark ($2.85M), United States ($630k), and Argentina ($590k).

Latest Trends

Sep 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 Enzymes. 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)$5.56M
IMPORTS (2022)$19.4M
NET TRADE (2022)-$13.8M

In 2022, Guatemala exported $5.56M in Enzymes. The main destinations of Guatemala exports on Enzymes were El Salvador ($2.2M), Honduras ($1.54M), Costa Rica ($687k), Mexico ($325k), and Dominican Republic ($239k).

In 2022, Guatemala imported $19.4M in Enzymes, mainly from United States ($5.06M), Denmark ($4.21M), Netherlands ($2.01M), Germany ($1.33M), and Argentina ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Costa Rica$372k (118%)
Mexico$303k (1.42k%)
Honduras$190k (14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Enzymes BY Guatemala WERE (2021 - 2022):
Dominican Republic-$26.6k (-10%)
United States-$21.7k (-29.5%)
Canada-$16.9k (-53.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Enzymes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $481k
TOP IMPORT POTENTIALUnited States+ $703k

Enzymes’s highest export potential is Mexico. With an export gap of $481k.   Enzymes’s highest import potential is United States with an import gap of $703k.

See methodology.

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