2022
Exports
$96.5MWorld Rnk 77 / 160
Flag Rnk 32 / 1099
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$429MWorld Rnk 63 / 222
Flag Rnk 7 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $96.5M in Petroleum Gas, making it the 77th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 32nd most exported product in Guatemala. The main destination of Petroleum Gas exports from Guatemala are: El Salvador ($86M), Nicaragua ($8.53M), Honduras ($1.89M), and Belize ($40).

The fastest growing export markets for Petroleum Gas of Guatemala between 2021 and 2022 were El Salvador ($20.4M), Nicaragua ($1.63M), and Honduras ($1.48M).

Imports In 2022, Guatemala imported $429M in Petroleum Gas, becoming the 63rd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 7th most imported product in Guatemala. Guatemala imports Petroleum Gas primarily from: United States ($372M), El Salvador ($55M), Nicaragua ($449k), South Korea ($312k), and China ($235k).

The fastest growing import markets in Petroleum Gas for Guatemala between 2021 and 2022 were United States ($215M), El Salvador ($2.51M), and Nicaragua ($201k).

Latest Trends

Aug 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 (2022)$96.5M
IMPORTS (2022)$429M
NET TRADE (2022)-$332M

In 2022, Guatemala exported $96.5M in Petroleum Gas. The main destinations of Guatemala exports on Petroleum Gas were El Salvador ($86M), Nicaragua ($8.53M), Honduras ($1.89M), and Belize ($40).

In 2022, Guatemala imported $429M in Petroleum Gas, mainly from United States ($372M), El Salvador ($55M), Nicaragua ($449k), South Korea ($312k), and China ($235k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$20.4M (31.1%)
Nicaragua$1.63M (23.6%)
Honduras$1.48M (368%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Guatemala WERE (2021 - 2022):Belize-$718 (-94.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Petroleum Gas were:
In 2022, Guatemala's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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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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