About

Exports In 2022, Guatemala exported $101k in Turpentine, making it the 55th largest exporter of Turpentine in the world. At the same year, Turpentine was the 751st most exported product in Guatemala. The main destination of Turpentine exports from Guatemala are: Dominican Republic ($54k), Honduras ($38k), Costa Rica ($8.97k), and Nicaragua ($10).

The fastest growing export markets for Turpentine of Guatemala between 2021 and 2022 were Dominican Republic ($28.3k), Honduras ($24.2k), and Costa Rica ($2.86k).

Imports In 2022, Guatemala imported $224k in Turpentine, becoming the 75th largest importer of Turpentine in the world. At the same year, Turpentine was the 949th most imported product in Guatemala. Guatemala imports Turpentine primarily from: United States ($151k), Mexico ($28.7k), Spain ($25.2k), Honduras ($11.3k), and China ($2.91k).

The fastest growing import markets in Turpentine for Guatemala between 2021 and 2022 were Mexico ($27.5k), China ($1.79k), and Panama ($769).

COMPANIES In 2023, leading companies such as EDT (Export, Development & Trade) (1) were at the forefront of shipping Turpentine from Guatemala to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Turpentine. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$101k
IMPORTS (2022)$224k
NET TRADE (2022)-$123k

In 2022, Guatemala exported $101k in Turpentine. The main destinations of Guatemala exports on Turpentine were Dominican Republic ($54k), Honduras ($38k), Costa Rica ($8.97k), and Nicaragua ($10).

In 2022, Guatemala imported $224k in Turpentine, mainly from United States ($151k), Mexico ($28.7k), Spain ($25.2k), Honduras ($11.3k), and China ($2.91k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Dominican Republic$28.3k (111%)
Honduras$24.2k (175%)
Costa Rica$2.86k (46.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Guatemala WERE (2021 - 2022):
Barbados-$632 (-100%)
Nicaragua-$359 (-97.3%)
El Salvador-$244 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.19k
TOP IMPORT POTENTIALMexico+ $24.9k

Turpentine’s highest export potential is India. With an export gap of $1.19k.   Turpentine’s highest import potential is Mexico with an import gap of $24.9k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with