2022
Exports
$1.04MWorld Rnk 51 / 101
Flag Rnk 433 / 1099
2022
PRODUCT COMPLEXITY IN Other Nitrogen Compounds
1.34Rnk 83 / 1025
2022
Imports
$20.1MWorld Rnk 53 / 194
Flag Rnk 260 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.04M in Other Nitrogen Compounds, making it the 51st largest exporter of Other Nitrogen Compounds in the world. At the same year, Other Nitrogen Compounds was the 433rd most exported product in Guatemala. The main destination of Other Nitrogen Compounds exports from Guatemala are: Honduras ($755k), El Salvador ($156k), Nicaragua ($94.8k), Belize ($25.9k), and Dominican Republic ($5.6k).

The fastest growing export markets for Other Nitrogen Compounds of Guatemala between 2021 and 2022 were Honduras ($168k), El Salvador ($80.8k), and Nicaragua ($75.3k).

Imports In 2022, Guatemala imported $20.1M in Other Nitrogen Compounds, becoming the 53rd largest importer of Other Nitrogen Compounds in the world. At the same year, Other Nitrogen Compounds was the 260th most imported product in Guatemala. Guatemala imports Other Nitrogen Compounds primarily from: United States ($8.94M), China ($3.97M), Mexico ($2.74M), Switzerland ($1.13M), and South Korea ($1.03M).

The fastest growing import markets in Other Nitrogen Compounds for Guatemala between 2021 and 2022 were United States ($2.38M), Mexico ($920k), and China ($868k).

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 Other Nitrogen Compounds. 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)$1.04M
IMPORTS (2022)$20.1M
NET TRADE (2022)-$19.1M

In 2022, Guatemala exported $1.04M in Other Nitrogen Compounds. The main destinations of Guatemala exports on Other Nitrogen Compounds were Honduras ($755k), El Salvador ($156k), Nicaragua ($94.8k), Belize ($25.9k), and Dominican Republic ($5.6k).

In 2022, Guatemala imported $20.1M in Other Nitrogen Compounds, mainly from United States ($8.94M), China ($3.97M), Mexico ($2.74M), Switzerland ($1.13M), and South Korea ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Nitrogen Compounds EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$168k (28.5%)
El Salvador$80.8k (107%)
Nicaragua$75.3k (385%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Nitrogen Compounds BY Guatemala WERE (2021 - 2022):
Belize-$57.1k (-68.8%)
Costa Rica-$52.8k (-94.6%)
Panama-$10.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Other Nitrogen Compounds were:
In 2022, Guatemala's main importing competitors in Other Nitrogen Compounds were:

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Trade Value of Other Nitrogen Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEl Salvador+ $28.3k
TOP IMPORT POTENTIALChina+ $1.15M

Other Nitrogen Compounds’s highest export potential is El Salvador. With an export gap of $28.3k.   Other Nitrogen Compounds’s highest import potential is China with an import gap of $1.15M.

See methodology.

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