Guatemala-Other Asia, nes Bilateral Trade Analysis 2023
Complete trade statistics: $392.57M total volume •Guatemala deficit: $158.18M
Guatemala → Other Asia, nes
$117.20M
Exports (2023)
Other Asia, nes → Guatemala
$275.38M
Imports (2023)
Trade Balance
$158.18M
Deficit for Guatemala
Total Trade
$392.57M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Guatemala and Other Asia, nes. Green line shows exports from Guatemala, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Guatemala-Other Asia, nes commercial relationship and competitive positioning in global markets.
Guatemala → Other Asia, nes Exports
Export Market Intelligence
🎯 Strategic Export Focus
Guatemala's export portfolio to Other Asia, nes demonstrates strategic specialization, with sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter representing a key competitive advantage in this bilateral market.
Other Asia, nes → Guatemala Imports
Import Dependency Profile
📦 Import Strategy Analysis
Guatemala's import pattern from Other Asia, nes reveals significant dependencyin mixed alkylbenzenes and mixed alkylnaphthalenes, other than those of heading no. 2707 or 2902, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Guatemala demonstrates competitive strength in exportingsugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter to Other Asia, nes, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $392.57M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Guatemala-Other Asia, nes Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $392.57 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Guatemala maintains a deficit of $158.18 million
- Export Focus: Guatemala's primary exports include sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, coffee: not roasted or decaffeinated
- Import Dependencies: Key imports from Other Asia, nes include mixed alkylbenzenes and mixed alkylnaphthalenes, other than those of heading no. 2707 or 2902, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $392.57M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Guatemala leveraging its comparative advantages in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Guatemala's specialization in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring mattercomplements Other Asia, nes's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in mixed alkylbenzenes and mixed alkylnaphthalenes, other than those of heading no. 2707 or 2902.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $392.57M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $392.57M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $392.57 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter and mixed alkylbenzenes and mixed alkylnaphthalenes, other than those of heading no. 2707 or 2902 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Guatemala's trade deficit of $158.18 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Guatemala and Other Asia, nes represents a total trade volume of $392.57 million in 2023. This partnership demonstrates an unfavorable trade balance for Guatemala, with imports exceeding exportsby $158.18 million.
Export Strengths
Guatemala's exports to Other Asia, nes total $117.20 million, with competitive advantages in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, representing $64.59M or55.1% of bilateral exports.
Import Dependencies
Imports from Other Asia, nes amount to $275.38 million, highlighting economic interdependence in mixed alkylbenzenes and mixed alkylnaphthalenes, other than those of heading no. 2707 or 2902, with Mixed alkylbenzenes and mixed alkylnaphthalenes, other than those of heading no. 2707 or 2902 comprising18.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Guatemala's strategic sourcing from Other Asia, nes. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Guatemala and Other Asia, nes in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023