2022
Exports
$1.69MWorld Rnk 57 / 146
Flag Rnk 365 / 1099
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$37.4MWorld Rnk 27 / 209
Flag Rnk 159 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.69M in Petroleum Jelly, making it the 57th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 365th most exported product in Guatemala. The main destination of Petroleum Jelly exports from Guatemala are: El Salvador ($601k), Honduras ($540k), Mexico ($293k), Nicaragua ($132k), and Costa Rica ($109k).

The fastest growing export markets for Petroleum Jelly of Guatemala between 2021 and 2022 were El Salvador ($421k), Honduras ($273k), and Mexico ($65.1k).

Imports In 2022, Guatemala imported $37.4M in Petroleum Jelly, becoming the 27th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 159th most imported product in Guatemala. Guatemala imports Petroleum Jelly primarily from: China ($30.3M), Malaysia ($2.14M), United States ($1.43M), India ($1.42M), and Germany ($1.04M).

The fastest growing import markets in Petroleum Jelly for Guatemala between 2021 and 2022 were China ($4.19M), United States ($685k), and India ($486k).

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 Jelly. 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)$1.69M
IMPORTS (2022)$37.4M
NET TRADE (2022)-$35.7M

In 2022, Guatemala exported $1.69M in Petroleum Jelly. The main destinations of Guatemala exports on Petroleum Jelly were El Salvador ($601k), Honduras ($540k), Mexico ($293k), Nicaragua ($132k), and Costa Rica ($109k).

In 2022, Guatemala imported $37.4M in Petroleum Jelly, mainly from China ($30.3M), Malaysia ($2.14M), United States ($1.43M), India ($1.42M), and Germany ($1.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$421k (233%)
Honduras$273k (102%)
Mexico$65.1k (28.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Guatemala WERE (2021 - 2022):
Costa Rica-$53.2k (-32.8%)
Dominican Republic-$16.6k (-87.1%)
Panama-$4.7k (-43.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Petroleum Jelly were:
In 2022, Guatemala's main importing competitors in Petroleum Jelly were:

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $442k
TOP IMPORT POTENTIALUnited States+ $813k

Petroleum Jelly’s highest export potential is Mexico. With an export gap of $442k.   Petroleum Jelly’s highest import potential is United States with an import gap of $813k.

See methodology.

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