2022
Exports
$606kWorld Rnk 53 / 106
Flag Rnk 509 / 1099
2022
PRODUCT COMPLEXITY IN Phosphoric Acid
-0.58Rnk 718 / 1025
2022
Imports
$9.2MWorld Rnk 48 / 191
Flag Rnk 391 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $606k in Phosphoric Acid, making it the 53rd largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 509th most exported product in Guatemala. The main destination of Phosphoric Acid exports from Guatemala are: Honduras ($220k), Nicaragua ($204k), Costa Rica ($69.6k), El Salvador ($47.4k), and Dominican Republic ($40.2k).

The fastest growing export markets for Phosphoric Acid of Guatemala between 2021 and 2022 were Honduras ($124k), Nicaragua ($112k), and Dominican Republic ($30.1k).

Imports In 2022, Guatemala imported $9.2M in Phosphoric Acid, becoming the 48th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 391st most imported product in Guatemala. Guatemala imports Phosphoric Acid primarily from: China ($6.5M), Mexico ($2.28M), Brazil ($141k), Belgium ($68.6k), and Costa Rica ($51.4k).

The fastest growing import markets in Phosphoric Acid for Guatemala between 2021 and 2022 were China ($5.62M), Mexico ($130k), and Peru ($45.3k).

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 Phosphoric Acid. 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)$606k
IMPORTS (2022)$9.2M
NET TRADE (2022)-$8.6M

In 2022, Guatemala exported $606k in Phosphoric Acid. The main destinations of Guatemala exports on Phosphoric Acid were Honduras ($220k), Nicaragua ($204k), Costa Rica ($69.6k), El Salvador ($47.4k), and Dominican Republic ($40.2k).

In 2022, Guatemala imported $9.2M in Phosphoric Acid, mainly from China ($6.5M), Mexico ($2.28M), Brazil ($141k), Belgium ($68.6k), and Costa Rica ($51.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$124k (130%)
Nicaragua$112k (122%)
Dominican Republic$30.1k (296%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Guatemala WERE (2021 - 2022):
El Salvador-$28.9k (-37.9%)
Panama-$25.3k (-63%)
Belize-$18.2k (-69.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Phosphoric Acid were:
In 2022, Guatemala's main importing competitors in Phosphoric Acid were:

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALEl Salvador+ $11.5k
TOP IMPORT POTENTIALMexico+ $747k

Phosphoric Acid’s highest export potential is El Salvador. With an export gap of $11.5k.   Phosphoric Acid’s highest import potential is Mexico with an import gap of $747k.

See methodology.

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