2022
Exports
$3.47MWorld Rnk 61 / 177
Flag Rnk 274 / 1099
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$10.2MWorld Rnk 77 / 221
Flag Rnk 373 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $3.47M in Bandages, making it the 61st largest exporter of Bandages in the world. At the same year, Bandages was the 274th most exported product in Guatemala. The main destination of Bandages exports from Guatemala are: United States ($2.36M), Honduras ($451k), Mexico ($210k), Costa Rica ($126k), and El Salvador ($107k).

The fastest growing export markets for Bandages of Guatemala between 2021 and 2022 were United States ($1.22M), Mexico ($91.8k), and Nicaragua ($33.6k).

Imports In 2022, Guatemala imported $10.2M in Bandages, becoming the 77th largest importer of Bandages in the world. At the same year, Bandages was the 373rd most imported product in Guatemala. Guatemala imports Bandages primarily from: China ($4.02M), Mexico ($2.25M), United States ($1.93M), Colombia ($514k), and El Salvador ($322k).

The fastest growing import markets in Bandages for Guatemala between 2021 and 2022 were China ($2.24M), Mexico ($287k), and El Salvador ($158k).

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 Bandages. 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)$3.47M
IMPORTS (2022)$10.2M
NET TRADE (2022)-$6.74M

In 2022, Guatemala exported $3.47M in Bandages. The main destinations of Guatemala exports on Bandages were United States ($2.36M), Honduras ($451k), Mexico ($210k), Costa Rica ($126k), and El Salvador ($107k).

In 2022, Guatemala imported $10.2M in Bandages, mainly from China ($4.02M), Mexico ($2.25M), United States ($1.93M), Colombia ($514k), and El Salvador ($322k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$1.22M (107%)
Mexico$91.8k (77.5%)
Nicaragua$33.6k (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Guatemala WERE (2021 - 2022):
El Salvador-$48.7k (-31.2%)
Guatemala-$39.3k (-100%)
Honduras-$22.7k (-4.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.46M
TOP IMPORT POTENTIALChina+ $1.26M

Bandages’s highest export potential is United States. With an export gap of $1.46M.   Bandages’s highest import potential is China with an import gap of $1.26M.

See methodology.

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