2022
Exports
$68.6MWorld Rnk 75 / 214
Flag Rnk 41 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$503MWorld Rnk 63 / 225
Flag Rnk 13 / 96
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $68.6M in Organic chemicals, making it the 75th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 41st most exported product in Guatemala. The main destination of Organic chemicals exports from Guatemala are: El Salvador ($20.7M), Honduras ($19M), Dominican Republic ($8.63M), Costa Rica ($5.23M), and Nicaragua ($4.42M).

The fastest growing export markets for Organic chemicals of Guatemala between 2021 and 2022 were Honduras ($5.63M), El Salvador ($4.05M), and Colombia ($1.77M).

Imports In 2022, Guatemala imported $503M in Organic chemicals, becoming the 63rd largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 13th most imported product in Guatemala. Guatemala imports Organic chemicals primarily from: China ($215M), United States ($76.8M), Germany ($40.6M), Mexico ($34.5M), and India ($31.8M).

The fastest growing import markets in Organic chemicals for Guatemala between 2021 and 2022 were China ($68.6M), United States ($13.6M), and India ($8.18M).

COMPANIES In 2023, leading companies such as One Banana (56), Goya Foods (22), and EDT (Export, Development & Trade) (12) were at the forefront of shipping Organic chemicals 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 Organic 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)$68.6M
IMPORTS (2022)$503M
NET TRADE (2022)-$434M

In 2022, Guatemala exported $68.6M in Organic chemicals. The main destinations of Guatemala exports on Organic chemicals were El Salvador ($20.7M), Honduras ($19M), Dominican Republic ($8.63M), Costa Rica ($5.23M), and Nicaragua ($4.42M).

In 2022, Guatemala imported $503M in Organic chemicals, mainly from China ($215M), United States ($76.8M), Germany ($40.6M), Mexico ($34.5M), and India ($31.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$5.63M (42.1%)
El Salvador$4.05M (24.4%)
Colombia$1.77M (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Guatemala WERE (2021 - 2022):
Thailand-$1.15M (-71.6%)
United States-$836k (-33.9%)
Chile-$616k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $2.72M
TOP IMPORT POTENTIALUnited States+ $18.2M

Organic chemicals’s highest export potential is Mexico. With an export gap of $2.72M.   Organic chemicals’s highest import potential is United States with an import gap of $18.2M.

See methodology.

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