2023
Exports
$720kWorld Rnk 59 / 156
Flag Rnk 457 / 1091
2023
PRODUCT COMPLEXITY IN Spice Seeds
-1.19Rnk 875 / 1025
2023
Imports
$1.1MWorld Rnk 96 / 215
Flag Rnk 762 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $720k in Spice Seeds, making it the 59th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 457th most exported product in Guatemala. The main destination of Spice Seeds exports from Guatemala are: United Arab Emirates ($392k), Singapore ($86.9k), El Salvador ($78.2k), Honduras ($55.5k), and Saudi Arabia ($33.9k).

The fastest growing export markets for Spice Seeds of Guatemala between 2022 and 2023 were United Arab Emirates ($392k), Singapore ($86.9k), and Honduras ($43.9k).

Imports In 2023, Guatemala imported $1.1M in Spice Seeds, becoming the 96th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 762nd most imported product in Guatemala. Guatemala imports Spice Seeds primarily from: India ($589k), United States ($152k), Syria ($105k), Spain ($56.6k), and Costa Rica ($51.5k).

The fastest growing import markets in Spice Seeds for Guatemala between 2022 and 2023 were India ($117k), United States ($109k), and Spain ($37.1k).

Latest Trends

Jan 2025

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 Spice 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 (2023)$720k
IMPORTS (2023)$1.1M
NET TRADE (2023)-$376k

In 2023, Guatemala exported $720k in Spice Seeds. The main destinations of Guatemala exports on Spice Seeds were United Arab Emirates ($392k), Singapore ($86.9k), El Salvador ($78.2k), Honduras ($55.5k), and Saudi Arabia ($33.9k).

In 2023, Guatemala imported $1.1M in Spice Seeds, mainly from India ($589k), United States ($152k), Syria ($105k), Spain ($56.6k), and Costa Rica ($51.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Singapore$86.9k (1%)
Honduras$43.9k (377%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Guatemala WERE (2022 - 2023):
United Kingdom-$253k (-96.8%)
Germany-$66.2k (-100%)
Costa Rica-$8.23k (-27.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Spice Seeds were:
India $786M
China $181M
Egypt $104M
In 2023, Guatemala's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $39.5k
TOP IMPORT POTENTIALIndia+ $169k

Spice Seeds’s highest export potential is Germany. With an export gap of $39.5k.   Spice Seeds’s highest import potential is India with an import gap of $169k.

See methodology.

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