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Exports In 2022, Guatemala exported $41.4k in Olive Oil, making it the 49th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 834th most exported product in Guatemala. The main destination of Olive Oil exports from Guatemala are: Honduras ($41.4k).

The fastest growing export markets for Olive Oil of Guatemala between 2021 and 2022 were Honduras ($19.1k).

Imports In 2022, Guatemala imported $767k in Olive Oil, becoming the 70th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 801st most imported product in Guatemala. Guatemala imports Olive Oil primarily from: Spain ($734k), United States ($17.7k), and Italy ($15.9k).

The fastest growing import markets in Olive Oil for Guatemala between 2021 and 2022 were Spain ($343k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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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 Olive Oil. 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)$41.4k
IMPORTS (2022)$767k
NET TRADE (2022)-$726k

In 2022, Guatemala exported $41.4k in Olive Oil. The main destinations of Guatemala exports on Olive Oil were Honduras ($41.4k).

In 2022, Guatemala imported $767k in Olive Oil, mainly from Spain ($734k), United States ($17.7k), and Italy ($15.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):Honduras$19.1k (86.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Guatemala's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $915
TOP IMPORT POTENTIALItaly+ $19.2k

Olive Oil’s highest export potential is United States. With an export gap of $915.   Olive Oil’s highest import potential is Italy with an import gap of $19.2k.

See methodology.

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