2023
Exports
$59.2MWorld Rnk 79 / 163
Flag Rnk 52 / 1091
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$441MWorld Rnk 66 / 220
Flag Rnk 8 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $59.2M in Petroleum Gas, making it the 79th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 52nd most exported product in Guatemala. The main destination of Petroleum Gas exports from Guatemala are: El Salvador ($51.9M), Nicaragua ($5.62M), Mexico ($952k), Honduras ($736k), and Belize ($749).

The fastest growing export markets for Petroleum Gas of Guatemala between 2022 and 2023 were Mexico ($952k), Panama ($728), and Belize ($709).

Imports In 2023, Guatemala imported $441M in Petroleum Gas, becoming the 66th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 8th most imported product in Guatemala. Guatemala imports Petroleum Gas primarily from: United States ($397M), El Salvador ($42.7M), South Korea ($369k), China ($174k), and Trinidad and Tobago ($95k).

The fastest growing import markets in Petroleum Gas for Guatemala between 2022 and 2023 were El Salvador ($9.62M), Honduras ($49k), and Spain ($45).

Latest Trends

Dec 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 Petroleum Gas. 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 (2023)$59.2M
IMPORTS (2023)$441M
NET TRADE (2023)-$381M

In 2023, Guatemala exported $59.2M in Petroleum Gas. The main destinations of Guatemala exports on Petroleum Gas were El Salvador ($51.9M), Nicaragua ($5.62M), Mexico ($952k), Honduras ($736k), and Belize ($749).

In 2023, Guatemala imported $441M in Petroleum Gas, mainly from United States ($397M), El Salvador ($42.7M), South Korea ($369k), China ($174k), and Trinidad and Tobago ($95k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Mexico$952k (1%)
Panama$728 (1%)
Belize$709 (1.77k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Guatemala WERE (2022 - 2023):
El Salvador-$34.1M (-39.6%)
Nicaragua-$2.91M (-34.1%)
Honduras-$1.15M (-61%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Petroleum Gas were:
In 2023, Guatemala's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHonduras+ $1.87M
TOP IMPORT POTENTIALUnited States+ $9.08M

Petroleum Gas’s highest export potential is Honduras. With an export gap of $1.87M.   Petroleum Gas’s highest import potential is United States with an import gap of $9.08M.

See methodology.

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