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2022
Exports $32.3MWorld Rnk 56 / 216
Flag Rnk 88 / 1099
2022
Destination $5.16M Honduras
2021 - 2022
FASTEST GROWING MARKET $5.16MHonduras
2022
PRODUCT COMPLEXITY IN Beauty Products0.42Rnk 400 / 1025
2022
Imports $53.9MWorld Rnk 80 / 223
Flag Rnk 113 / 1184
2022
Origin $1.79M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $1.79MChina
2022
ECONOMIC COMPLEXITY of Guatemala-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $32.3M in Beauty Products, making it the 56th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 88th most exported product in Guatemala. The main destination of Beauty Products exports from Guatemala are: Honduras ($12.2M), El Salvador ($7.53M), Nicaragua ($6.71M), Panama ($2.22M), and Dominican Republic ($1.74M).

The fastest growing export markets for Beauty Products of Guatemala between 2021 and 2022 were Honduras ($5.16M), Nicaragua ($942k), and Dominican Republic ($325k).

Imports In 2022, Guatemala imported $53.9M in Beauty Products, becoming the 80th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 113th most imported product in Guatemala. Guatemala imports Beauty Products primarily from: Mexico ($19M), Colombia ($6.28M), United States ($5.5M), China ($4.89M), and France ($3.39M).

The fastest growing import markets in Beauty Products for Guatemala between 2021 and 2022 were China ($1.79M), Mexico ($1.37M), and Germany ($1.29M).

Latest Trends

Nov 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 Beauty Products. 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)$32.3M
IMPORTS (2022)$53.9M
NET TRADE (2022)-$21.5M

In 2022, Guatemala exported $32.3M in Beauty Products. The main destinations of Guatemala exports on Beauty Products were Honduras ($12.2M), El Salvador ($7.53M), Nicaragua ($6.71M), Panama ($2.22M), and Dominican Republic ($1.74M).

In 2022, Guatemala imported $53.9M in Beauty Products, mainly from Mexico ($19M), Colombia ($6.28M), United States ($5.5M), China ($4.89M), and France ($3.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$5.16M (72.9%)
Nicaragua$942k (16.3%)
Dominican Republic$325k (22.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Guatemala WERE (2021 - 2022):
United States-$696k (-53.2%)
Ecuador-$135k (-78.4%)
Panama-$130k (-5.53%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Beauty Products were:
France $10.8B
South Korea $7.09B
United States $6.02B
In 2022, Guatemala's main importing competitors in Beauty Products were:
China $11.1B
United States $5.77B
Hong Kong $3.78B

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.89M
TOP IMPORT POTENTIALUnited States+ $4.52M

Beauty Products’s highest export potential is United States. With an export gap of $1.89M.   Beauty Products’s highest import potential is United States with an import gap of $4.52M.

See methodology.

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