2022
Exports
$723kWorld Rnk 73 / 166
Flag Rnk 482 / 1099
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.76Rnk 977 / 1025
2022
Imports
$510kWorld Rnk 86 / 197
Flag Rnk 860 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $723k in Locust beans, seaweed, sugar beet, cane, for food, making it the 73rd largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 482nd most exported product in Guatemala. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Guatemala are: Japan ($527k), Spain ($128k), United States ($22.3k), Netherlands ($13.5k), and Honduras ($12.4k).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Guatemala between 2021 and 2022 were Spain ($61.2k), United States ($20.4k), and Netherlands ($13.5k).

Imports In 2022, Guatemala imported $510k in Locust beans, seaweed, sugar beet, cane, for food, becoming the 86th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 860th most imported product in Guatemala. Guatemala imports Locust beans, seaweed, sugar beet, cane, for food primarily from: China ($227k), Paraguay ($205k), Hungary ($76.6k), Panama ($886), and United States ($544).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Guatemala between 2021 and 2022 were Paraguay ($205k), China ($94.6k), and Hungary ($76.6k).

COMPANIES In 2023, leading companies such as EDT (Export, Development & Trade) (3) were at the forefront of shipping Locust beans, seaweed, sugar beet, cane, for food from Guatemala to the United States.

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 Locust beans, seaweed, sugar beet, cane, for food. 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)$723k
IMPORTS (2022)$510k
NET TRADE (2022)$212k

In 2022, Guatemala exported $723k in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Guatemala exports on Locust beans, seaweed, sugar beet, cane, for food were Japan ($527k), Spain ($128k), United States ($22.3k), Netherlands ($13.5k), and Honduras ($12.4k).

In 2022, Guatemala imported $510k in Locust beans, seaweed, sugar beet, cane, for food, mainly from China ($227k), Paraguay ($205k), Hungary ($76.6k), Panama ($886), and United States ($544).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Spain$61.2k (91.2%)
United States$20.4k (1.1k%)
Netherlands$13.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Guatemala WERE (2021 - 2022):
China-$99k (-100%)
Colombia-$89.9k (-100%)
Chile-$75.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Guatemala's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M
Spain $182M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $148k
TOP IMPORT POTENTIALChina+ $115k

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is United States. With an export gap of $148k.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is China with an import gap of $115k.

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