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Exports In 2022, Guatemala exported $607k in Borax, making it the 19th largest exporter of Borax in the world. At the same year, Borax was the 508th most exported product in Guatemala. The main destination of Borax exports from Guatemala are: Mexico ($264k), Nicaragua ($260k), and Costa Rica ($84k).

The fastest growing export markets for Borax of Guatemala between 2021 and 2022 were Nicaragua ($248k), Mexico ($235k), and Costa Rica ($77.9k).

Imports In 2022, Guatemala imported $430k in Borax, becoming the 46th largest importer of Borax in the world. At the same year, Borax was the 885th most imported product in Guatemala. Guatemala imports Borax primarily from: Bolivia ($239k), India ($102k), Peru ($89.3k), and Nicaragua ($104).

The fastest growing import markets in Borax for Guatemala between 2021 and 2022 were Bolivia ($115k), India ($102k), and Peru ($79.9k).

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 Borax. 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)$607k
IMPORTS (2022)$430k
NET TRADE (2022)$178k

In 2022, Guatemala exported $607k in Borax. The main destinations of Guatemala exports on Borax were Mexico ($264k), Nicaragua ($260k), and Costa Rica ($84k).

In 2022, Guatemala imported $430k in Borax, mainly from Bolivia ($239k), India ($102k), Peru ($89.3k), and Nicaragua ($104).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Nicaragua$248k (2.24k%)
Mexico$235k (812%)
Costa Rica$77.9k (1.27k%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Borax were:
In 2022, Guatemala's main importing competitors in Borax were:
China $121M
Brazil $70.4M
India $25.3M

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Trade Value of Borax by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMexico+ $29.8k
TOP IMPORT POTENTIALTurkey+ $1.08k

Borax’s highest export potential is Mexico. With an export gap of $29.8k.   Borax’s highest import potential is Turkey with an import gap of $1.08k.

See methodology.

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