2022
Exports
$69.5MWorld Rnk 87 / 210
Flag Rnk 40 / 96
2022
PRODUCT COMPLEXITY IN Inorganic chemicals
1.72Rnk 21 / 1025
2022
Imports
$238MWorld Rnk 72 / 225
Flag Rnk 30 / 96
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $69.5M in Inorganic chemicals, making it the 87th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 40th most exported product in Guatemala. The main destination of Inorganic chemicals exports from Guatemala are: Honduras ($23.9M), El Salvador ($12M), Brazil ($9.68M), Nicaragua ($6.51M), and Mexico ($5.36M).

The fastest growing export markets for Inorganic chemicals of Guatemala between 2021 and 2022 were Brazil ($6.3M), Mexico ($3.13M), and Costa Rica ($2.27M).

Imports In 2022, Guatemala imported $238M in Inorganic chemicals, becoming the 72nd largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 30th most imported product in Guatemala. Guatemala imports Inorganic chemicals primarily from: China ($83.5M), United States ($59.7M), Mexico ($37M), Turkey ($12.3M), and Colombia ($4.33M).

The fastest growing import markets in Inorganic chemicals for Guatemala between 2021 and 2022 were China ($38.8M), United States ($11M), and Mexico ($10.1M).

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 Inorganic chemicals. 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)$69.5M
IMPORTS (2022)$238M
NET TRADE (2022)-$169M

In 2022, Guatemala exported $69.5M in Inorganic chemicals. The main destinations of Guatemala exports on Inorganic chemicals were Honduras ($23.9M), El Salvador ($12M), Brazil ($9.68M), Nicaragua ($6.51M), and Mexico ($5.36M).

In 2022, Guatemala imported $238M in Inorganic chemicals, mainly from China ($83.5M), United States ($59.7M), Mexico ($37M), Turkey ($12.3M), and Colombia ($4.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Brazil$6.3M (186%)
Mexico$3.13M (140%)
Costa Rica$2.27M (81.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Guatemala WERE (2021 - 2022):
Ecuador-$495k (-55.4%)
Panama-$469k (-28.9%)
Trinidad and Tobago-$448k (-61.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMexico+ $1.89M
TOP IMPORT POTENTIALMexico+ $2.37M

Inorganic chemicals’s highest export potential is Mexico. With an export gap of $1.89M.   Inorganic chemicals’s highest import potential is Mexico with an import gap of $2.37M.

See methodology.

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