2022
Exports
$1.81MWorld Rnk 80 / 194
Flag Rnk 356 / 1099
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$1.84MWorld Rnk 112 / 223
Flag Rnk 697 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.81M in Spices, making it the 80th largest exporter of Spices in the world. At the same year, Spices was the 356th most exported product in Guatemala. The main destination of Spices exports from Guatemala are: United States ($619k), Palestine ($200k), Honduras ($159k), Qatar ($153k), and El Salvador ($125k).

The fastest growing export markets for Spices of Guatemala between 2021 and 2022 were United States ($239k), Palestine ($191k), and Qatar ($133k).

Imports In 2022, Guatemala imported $1.84M in Spices, becoming the 112th largest importer of Spices in the world. At the same year, Spices was the 697th most imported product in Guatemala. Guatemala imports Spices primarily from: India ($444k), United States ($322k), Spain ($291k), Honduras ($273k), and El Salvador ($167k).

The fastest growing import markets in Spices for Guatemala between 2021 and 2022 were Honduras ($117k), Germany ($42.5k), and United States ($36.2k).

Latest Trends

Sep 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 Spices. 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)$1.81M
IMPORTS (2022)$1.84M
NET TRADE (2022)-$29.4k

In 2022, Guatemala exported $1.81M in Spices. The main destinations of Guatemala exports on Spices were United States ($619k), Palestine ($200k), Honduras ($159k), Qatar ($153k), and El Salvador ($125k).

In 2022, Guatemala imported $1.84M in Spices, mainly from India ($444k), United States ($322k), Spain ($291k), Honduras ($273k), and El Salvador ($167k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$239k (62.8%)
Palestine$191k (2.17k%)
Qatar$133k (667%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Guatemala WERE (2021 - 2022):
Jordan-$170k (-86.7%)
United Arab Emirates-$75.5k (-99.7%)
Ecuador-$71.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $540k
TOP IMPORT POTENTIALIndia+ $212k

Spices’s highest export potential is United States. With an export gap of $540k.   Spices’s highest import potential is India with an import gap of $212k.

See methodology.

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