2022
Exports
$973MWorld Rnk 15 / 201
Flag Rnk 5 / 96
2022
PRODUCT COMPLEXITY IN Sugars & confectioneries
-0.11Rnk 587 / 1025
2022
Imports
$95.6MWorld Rnk 104 / 224
Flag Rnk 48 / 96
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $973M in Sugars & confectioneries, making it the 15th largest exporter of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 5th most exported product in Guatemala. The main destination of Sugars & confectioneries exports from Guatemala are: United States ($183M), Chile ($85.4M), Chinese Taipei ($85.2M), Mauritania ($78.7M), and China ($65.9M).

The fastest growing export markets for Sugars & confectioneries of Guatemala between 2021 and 2022 were Mauritania ($71.1M), China ($61.2M), and United States ($48.7M).

Imports In 2022, Guatemala imported $95.6M in Sugars & confectioneries, becoming the 104th largest importer of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 48th most imported product in Guatemala. Guatemala imports Sugars & confectioneries primarily from: Mexico ($22.7M), United States ($17.5M), China ($16M), El Salvador ($14M), and Costa Rica ($6.57M).

The fastest growing import markets in Sugars & confectioneries for Guatemala between 2021 and 2022 were Mexico ($5.04M), United States ($3.83M), and China ($3.71M).

COMPANIES In 2023, leading companies such as Old Navy (6), One Banana (6), and Classic Fruit Company (4) were at the forefront of shipping Sugars & confectioneries from Guatemala to the United States.

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 Sugars & confectioneries. 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)$973M
IMPORTS (2022)$95.6M
NET TRADE (2022)$878M

In 2022, Guatemala exported $973M in Sugars & confectioneries. The main destinations of Guatemala exports on Sugars & confectioneries were United States ($183M), Chile ($85.4M), Chinese Taipei ($85.2M), Mauritania ($78.7M), and China ($65.9M).

In 2022, Guatemala imported $95.6M in Sugars & confectioneries, mainly from Mexico ($22.7M), United States ($17.5M), China ($16M), El Salvador ($14M), and Costa Rica ($6.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sugars & confectioneries EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Mauritania$71.1M (939%)
China$61.2M (1.28k%)
United States$48.7M (36.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sugars & confectioneries BY Guatemala WERE (2021 - 2022):
South Korea-$35.7M (-99.3%)
Cote d'Ivoire-$25.9M (-42.5%)
Libya-$23.1M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Sugars & confectioneries were:
Brazil $11.7B
India $6.72B
In 2022, Guatemala's main importing competitors in Sugars & confectioneries were:

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Trade Value of Sugars & confectioneries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $42.7M
TOP IMPORT POTENTIALMexico+ $6.36M

Sugars & confectioneries’s highest export potential is United States. With an export gap of $42.7M.   Sugars & confectioneries’s highest import potential is Mexico with an import gap of $6.36M.

See methodology.

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