2022
Exports
$1.89MWorld Rnk 80 / 198
Flag Rnk 351 / 1099
2022
PRODUCT COMPLEXITY IN Air Conditioners
0.55Rnk 346 / 1025
2022
Imports
$38.9MWorld Rnk 99 / 224
Flag Rnk 154 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.89M in Air Conditioners, making it the 80th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 351st most exported product in Guatemala. The main destination of Air Conditioners exports from Guatemala are: El Salvador ($818k), Nicaragua ($327k), United States ($299k), Dominican Republic ($200k), and Honduras ($118k).

The fastest growing export markets for Air Conditioners of Guatemala between 2021 and 2022 were El Salvador ($600k), United States ($285k), and Nicaragua ($263k).

Imports In 2022, Guatemala imported $38.9M in Air Conditioners, becoming the 99th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 154th most imported product in Guatemala. Guatemala imports Air Conditioners primarily from: China ($20.3M), United States ($11.7M), Mexico ($1.72M), Italy ($1.68M), and South Korea ($1.19M).

The fastest growing import markets in Air Conditioners for Guatemala between 2021 and 2022 were China ($10.8M), Mexico ($1.43M), and Italy ($985k).

Latest Trends

Jul 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 Air Conditioners. 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)$1.89M
IMPORTS (2022)$38.9M
NET TRADE (2022)-$37M

In 2022, Guatemala exported $1.89M in Air Conditioners. The main destinations of Guatemala exports on Air Conditioners were El Salvador ($818k), Nicaragua ($327k), United States ($299k), Dominican Republic ($200k), and Honduras ($118k).

In 2022, Guatemala imported $38.9M in Air Conditioners, mainly from China ($20.3M), United States ($11.7M), Mexico ($1.72M), Italy ($1.68M), and South Korea ($1.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$600k (276%)
United States$285k (2.02k%)
Nicaragua$263k (414%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Guatemala WERE (2021 - 2022):
Costa Rica-$77.7k (-96.2%)
Honduras-$33.2k (-21.9%)
Belize-$4.57k (-64.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Air Conditioners were:
China $23.1B
In 2022, Guatemala's main importing competitors in Air Conditioners were:

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $768k
TOP IMPORT POTENTIALChina+ $6.81M

Air Conditioners’s highest export potential is United States. With an export gap of $768k.   Air Conditioners’s highest import potential is China with an import gap of $6.81M.

See methodology.

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