2022
Exports
$80.8MWorld Rnk 77 / 175
Flag Rnk 37 / 96
2022
PRODUCT COMPLEXITY IN Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$482MWorld Rnk 52 / 223
Flag Rnk 14 / 96
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $80.8M in Fertilizers, making it the 77th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 37th most exported product in Guatemala. The main destination of Fertilizers exports from Guatemala are: El Salvador ($25.4M), Honduras ($11.5M), Belize ($10.8M), Nicaragua ($7.3M), and Costa Rica ($6.31M).

The fastest growing export markets for Fertilizers of Guatemala between 2021 and 2022 were El Salvador ($18.1M), Honduras ($5.26M), and Nicaragua ($4.27M).

Imports In 2022, Guatemala imported $482M in Fertilizers, becoming the 52nd largest importer of Fertilizers in the world. At the same year, Fertilizers was the 14th most imported product in Guatemala. Guatemala imports Fertilizers primarily from: Russia ($194M), Norway ($57.4M), China ($52.1M), Belarus ($44.6M), and United States ($25.2M).

The fastest growing import markets in Fertilizers for Guatemala between 2021 and 2022 were Russia ($169M), Belarus ($44.6M), and Norway ($37.1M).

COMPANIES In 2023, leading companies such as One Banana (1.85k) were at the forefront of shipping Fertilizers 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 Fertilizers. 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)$80.8M
IMPORTS (2022)$482M
NET TRADE (2022)-$401M

In 2022, Guatemala exported $80.8M in Fertilizers. The main destinations of Guatemala exports on Fertilizers were El Salvador ($25.4M), Honduras ($11.5M), Belize ($10.8M), Nicaragua ($7.3M), and Costa Rica ($6.31M).

In 2022, Guatemala imported $482M in Fertilizers, mainly from Russia ($194M), Norway ($57.4M), China ($52.1M), Belarus ($44.6M), and United States ($25.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$18.1M (251%)
Honduras$5.26M (83.6%)
Nicaragua$4.27M (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Guatemala WERE (2021 - 2022):
Belize-$1.43M (-11.7%)
Philippines-$335k (-13.8%)
Ecuador-$289k (-5.87%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Guatemala's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $3.18M
TOP IMPORT POTENTIALUnited States+ $14.1M

Fertilizers’s highest export potential is Mexico. With an export gap of $3.18M.   Fertilizers’s highest import potential is United States with an import gap of $14.1M.

See methodology.

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