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How dependent is Guatemala on China?

In 2024, China sold $6.4 billion to Guatemala, 19.5% of its imports, ranking 2nd among its suppliers. Its share was 11.7% in 2019 and 1% in 1995. In 169 products it sells more than 50% of what Guatemala buys of them (in 44, more than 75%); what Guatemala buys from China in those products (dominated value) adds up to $3.1 billion, 9.3% of its imports.

Summary

Share of its imports
19.5%
Value imported
$6.4billion
Rank among its suppliers
2nd
Products where it sells over 50%
169
Products where it sells over 75%
44
Dominated value
$3.1billion
Share of total imports
9.3%

Trend

Trend in shares

China went from 1% to 19.5% of what Guatemala buys

Share (%)

  • China 19.5%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
1995391%19
1996421.1%18
1997581.3%16
1998821.5%13
1999791.5%14
20001222.1%11
20011392.2%9
20021712.4%8
20031862.4%8
20042482.9%7
20057977.3%3
20065725.4%3
20078506.1%3
20089566.4%3
20091,0749%3
20101,1107.8%3
20111,2167.2%3
20121,3797.9%3
20131,5848.9%3
20141,92810.3%3
20152,04411.3%2
20161,99011.5%2
20172,13311.4%2
20182,26011.3%2
20192,37411.7%2
20202,38312.9%2
20214,34116.1%2
20225,77917.9%2
20235,62218.4%2
20246,39319.5%2

Products where China sells more than half

ProductSupplierShareSecondValue
Monitors and projectorsChina50.9%Vietnam · 22.8%$551 million
New tiresChina66.1%India · 6.7%$137 million
Aluminum sheetChina93.2%over 75%South Korea · 3.5%$135 million
Cameras and broadcast equipmentChina58.4%United States · 18.3%$105 million
Coated flat steelChina53.6%Costa Rica · 16.4%$91 million
Citric, lactic and other carboxylic acidsChina89.7%over 75%United States · 3.3%$84 million
Steel wire rodChina65.6%Indonesia · 31.9%$80 million
ToysChina66.4%United States · 16.7%$75 million
Rubber and plastic footwearChina71.2%Brazil · 7.1%$69 million
Textile footwearChina65.8%Vietnam · 11.8%$69 million
Polyethers, polyesters and epoxy resinsChina55.3%Mexico · 14.1%$67 million
Alloy steel sheetChina53.1%South Korea · 33.7%$55 million
Electric motors and generatorsChina65%United States · 10.9%$54 million
Lamps and light fittingsChina79.7%over 75%Mexico · 7.1%$53 million
Microphones and speakersChina61%United States · 16.7%$52 million
Electric heaters and hair dryersChina64.4%United States · 13.4%$49 million
Bags, suitcases and casesChina63.9%United States · 17.2%$48 million
Diodes, transistors and solar cellsChina94.2%over 75%United States · 1.6%$46 million
Air conditionersChina75.5%over 75%United States · 10.8%$44 million
Nitrogen heterocyclic compoundsChina58.5%Germany · 15.4%$37 million
Motorcycle and bicycle partsChina63%India · 23.7%$34 million
Amino acids and amino alcohols (lysine)China72.7%Brazil · 14.6%$32 million
Seats and chairsChina59.2%United States · 11.7%$31 million
Plastic rods and profilesChina77.7%over 75%Mexico · 10%$31 million
Petroleum jelly and paraffin waxChina79%over 75%India · 6.3%$29 million
Synthetic filament fabricChina54.9%India · 10.4%$28 million
Metal hardware and fittingsChina68.1%United States · 10.5%$27 million
Sulfates and alumsChina80.1%over 75%Mexico · 8.2%$26 million
Vacuum cleanersChina63.6%United States · 19.6%$25 million
Nonwoven fabricChina71.4%Mexico · 12.4%$24 million

and 139 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

Guatemala is China’s 67th-largest customer, with 0.18% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.