Guam

Guam

Global Trade Profile β€’ Rank #215 Exporter

$13.04M

Total Exports (2023)

$907.44M

Total Imports (2023)

$894.40M

Trade Deficit

#215

Export Ranking

Trade Flow Visualization

Interactive map showing Guam's top trading partners. Green lines represent exports, red lines represent imports.

#215

Export Rank

$13.04M

Total Exports

$907.44M

Total Imports

-$894.40M

Trade Balance

25

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Ferrous waste and scrap: n.e.c. in heading no. 720...
24.6%$3.21M
#2Copper: waste and scrap
12.9%$1.69M
#3Cases and containers: handbags (whether or not wit...
5.3%$694,044
#4Turbines: parts of turbo-jets and turbo-propellers
4.1%$529,789
#5Tugs and pusher craft
3.7%$476,692
#6Jewellery: of precious metal (excluding silver) wh...
3.6%$467,221
#7Aluminium: waste and scrap
3.1%$398,185
#8Iron or steel: structures and parts thereof, props...
2.8%$370,227
#9Waste and scrap of precious metals: waste and scra...
2.7%$349,715
#10Vehicles: with only spark-ignition internal combus...
2.0%$259,469

πŸ“₯ Top Import Sources

Top Import Products

#1Petroleum oils and oils from bituminous minerals, ...
61.5%$558.41M
#2Vehicles: with only spark-ignition internal combus...
5.3%$47.80M
#3Vehicles: with only spark-ignition internal combus...
1.4%$13.07M
#4Cases and containers: handbags (whether or not wit...
1.3%$12.00M
#5Turbo-jets: of a thrust exceeding 25kN
1.2%$11.01M
#6Non-alcoholic beverages: other than non-alcoholic ...
1.1%$10.05M
#7Wrist-watches: whether or not incorporating a stop...
0.9%$8.61M
#8Jewellery: of precious metal (excluding silver) wh...
0.9%$8.20M
#9Vehicles: with only spark-ignition internal combus...
0.9%$7.96M
#10Communication apparatus (excluding telephone sets ...
0.8%$7.63M

πŸ“ˆ Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

πŸ“ˆ

Trend Direction

Guam Trade Analysis 2023

πŸ“Š Overview

#215
Global Export Rank
920.47M
Total Trade Volume
0.00%
Share of Global Trade

Guam stands as the world's #215 largest exporter and #185 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 894.40 million, reflecting import dependencies for growth.

⚠️
Trade deficit of 98.6% of imports requires careful management of external financing.
13.04M
Total Exports
907.44M
Total Imports
0.01
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $76.71M, generating continuous economic activity across logistics, finance, and trade services.

🚒 Export Markets

Other Asia, nes
China, Hong Kong SAR
Philippines
Italy
Australia
Others

Export Market Concentration

42.4%
$5.53M
11.3%$1.47M
7.6%$985,223
5.7%$747,763
4.6%$601,871
4.0%$520,371
13 others
10.7%$1.40M

Export concentration shows Other Asia, nes as the dominant market at 42.4%. The top three markets control 66.1% of exports.

⚠️

Market Concentration Risk

Heavy reliance on Other Asia, nes (42.4% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
79.4%
Top 5 Markets
92.5%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (Singapore, Malaysia, Japan) provide $1.70M in additional trade.

πŸ“¦ Import Sources

Import Source Concentration

52.4%
$475.15M
15.1%
$136.78M
5.7%$52.12M
4.0%$36.55M
3.7%$33.73M
2.5%$22.66M
13 others
11.9%$108.00M

Guam relies heavily on Singapore for imports (52.4%),creating supply chain concentration risk.

Manufacturing inputs come primarily from Malaysia, Thailand, reflecting deep integration into Asian production networks.

The top 10 import sources account for 92.5% of total imports, with the remaining 7% distributed among 10 other suppliers.

Regional sourcing patterns reveal strong ASEAN integration with 4 Southeast Asian nations providing 560.86 million (61.8%) of imports. European suppliers including Italy (22.38M), France (19.97M), Germany (11.24M) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Thailandemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

πŸ“¦ Product Composition

πŸš€ Export Products

Top Export Products

n.e.c. in heading no. 7204...
24.6%
$3.21M
waste and scrap
12.9%$1.69M
handbags (whether or not with shoulder strap and i...
5.3%$694,044
parts of turbo-jets and turbo-propellers
4.1%$529,789
Tugs and pusher craft
3.7%$476,692
3 others
9.5%$1.24M

Guam's export economy centers on diversified industrial production, with the leading export being n.e.c. in heading no. 7204at $3.21 million, accounting for 24.6% of total exports.

Vehicle-related products including passenger cars, hybrid vehicles, electric vehicles, and automotive parts total approximately 259.47 thousand or 2.0% of exports, encompassing 1 distinct product categories. Electronics, semiconductors, and machinery contribute 652.30 thousand or 5.0% of exports.

The automotive sector's dominance is evident in the export portfolio, with with only spark-ignition internal combustion recip... (259,469). This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 2 categories specifically related to alternative propulsion systems, totaling $230,271.

Beyond automotive, Guam maintains strong positions in industrial machinery (1 categories totaling 529,789), electronic components (122,510), and Ferrous waste and scrap, Copper, Cases and containers.

The top 20 export products collectively account for 76.9% of total exports, revealing moderate concentration with room for further diversification.

πŸ›’ Import Products

Top Import Products

preparations n.e.c. containing by weight 70% or mo...
61.5%
$558.41M
with only spark-ignition internal combustion recip...
5.3%$47.80M
with only spark-ignition internal combustion recip...
1.4%$13.07M
handbags (whether or not with shoulder strap and i...
1.3%$12.00M
of a thrust exceeding 25kN
1.2%$11.01M
3 others
3.0%$26.85M

Energy dominates Guam's import profile, with fossil fuels accounting for 558.41 million or 61.5% of total imports. Crude oil leads at 558.41 million (61.5%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

πŸ”‘

Key Finding: Energy Dependency

Energy imports of $558.41M account for 61.5% of all imports, making Guam vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include with only spark-ignition internal combus... (47.80M, 5.3%), with only spark-ignition internal combus... (13.07M, 1.4%), handbags (whether or not with shoulder s... (12.00M, 1.3%), of a thrust exceeding 25kN (11.01M, 1.2%), other than non-alcoholic beer, n.e.c. in... (10.05M, 1.1%).Electronic components and devices total 16.23 million (1.8% of imports), supporting domestic manufacturing and assembly operations.

The import product mix reveals structural characteristics of Guam's economy: integration into global electronics supply chains, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (4 : 16among top 20 products) indicates balanced import composition. Import substitution potential exists in technology and chemicals sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 2 primary products to 7 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

βš–οΈ Trade Balance Dynamics

-894.40 million
Trade Deficit β€’ 97.17% of total trade
PartnerExportsImportsBalance
Singapore$601,871$475.15M$-474.55M
Japan$237,019$136.78M$-136.55M
Malaysia$520,371$52.12M$-51.60M
Other Asia, nes$5.53M$36.55M$-31.02M
Greece$0$33.73M$-33.73M

Export-to-import ratio of 0.014 means exports cover 1.4% of import costs.

πŸ”— Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
Singapore$601,871$475.15M$-474.55M
Japan$237,019$136.78M$-136.55M
Malaysia$520,371$52.12M$-51.60M
Other Asia, nes$5.53M$36.55M$-31.02M
Greece$0$33.73M$-33.73M
China, Hong Kong SAR$1.62M$28.92M$-27.30M
Philippines$1.47M$22.66M$-21.19M
Italy$985,223$22.38M$-21.40M
Total$10.97M$808.29M$-797.32M

The Guam-Singapore relationship leads at 475.75 million in bilateral trade.View detailed analysis β†’

Additional major partnerships include Malaysia (52.64M total trade), Other Asia, nes (42.09M total trade), Greece (33.73M total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ€”850.57M across top 10 partnersβ€”provides resilience against bilateral tensions and regional disruptions.

πŸ† Competitive Position

Global rankings position Guam as the #215 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.000%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of technology-intensive products, indicates advanced industrial capabilities. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Guam's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inn.e.c. in heading no. 720, waste and scrap, handbags (whether or not . The revealed comparative advantage is strongest in product categories representing42.9% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 894.40M, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in high-value manufacturing.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Canada, Denmark, France, developing new product capabilities in adjacent product categories, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Guam's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Guam's position as the world's #215 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026