2022
Exports
$54.6MWorld Rnk 32 / 173
Flag Rnk 62 / 1099
2022
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.33Rnk 1015 / 1025
2022
Imports
$20.9MWorld Rnk 50 / 217
Flag Rnk 248 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $54.6M in Other Oily Seeds, making it the 32nd largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 62nd most exported product in Guatemala. The main destination of Other Oily Seeds exports from Guatemala are: United States ($16.7M), Mexico ($11.2M), Germany ($6.64M), Japan ($6.45M), and United Kingdom ($2.75M).

The fastest growing export markets for Other Oily Seeds of Guatemala between 2021 and 2022 were Mexico ($8.14M), United States ($3.9M), and Colombia ($200k).

Imports In 2022, Guatemala imported $20.9M in Other Oily Seeds, becoming the 50th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 248th most imported product in Guatemala. Guatemala imports Other Oily Seeds primarily from: United States ($4.21M), Peru ($4.04M), Netherlands ($2.76M), Venezuela ($2.34M), and India ($1.58M).

The fastest growing import markets in Other Oily Seeds for Guatemala between 2021 and 2022 were Peru ($3.12M), India ($1.53M), and Chile ($765k).

Latest Trends

Oct 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 Oily Seeds. 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)$54.6M
IMPORTS (2022)$20.9M
NET TRADE (2022)$33.6M

In 2022, Guatemala exported $54.6M in Other Oily Seeds. The main destinations of Guatemala exports on Other Oily Seeds were United States ($16.7M), Mexico ($11.2M), Germany ($6.64M), Japan ($6.45M), and United Kingdom ($2.75M).

In 2022, Guatemala imported $20.9M in Other Oily Seeds, mainly from United States ($4.21M), Peru ($4.04M), Netherlands ($2.76M), Venezuela ($2.34M), and India ($1.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Mexico$8.14M (270%)
United States$3.9M (30.4%)
Colombia$200k (40.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Guatemala WERE (2021 - 2022):
Japan-$7.8M (-54.8%)
Netherlands-$2.11M (-95.1%)
Spain-$559k (-18.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Guatemala's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.69M
TOP IMPORT POTENTIALIndia+ $560k

Other Oily Seeds’s highest export potential is United States. With an export gap of $3.69M.   Other Oily Seeds’s highest import potential is India with an import gap of $560k.

See methodology.

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