2022
Exports
$24.5MWorld Rnk 74 / 170
Flag Rnk 106 / 1099
2022
PRODUCT COMPLEXITY IN Cement
-1.46Rnk 943 / 1025
2022
Imports
$84.7MWorld Rnk 36 / 224
Flag Rnk 70 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $24.5M in Cement, making it the 74th largest exporter of Cement in the world. At the same year, Cement was the 106th most exported product in Guatemala. The main destination of Cement exports from Guatemala are: El Salvador ($10.7M), Belize ($7.14M), Colombia ($3.47M), Honduras ($2.51M), and Nicaragua ($698k).

The fastest growing export markets for Cement of Guatemala between 2021 and 2022 were El Salvador ($7.9M), Colombia ($1.08M), and Nicaragua ($484k).

Imports In 2022, Guatemala imported $84.7M in Cement, becoming the 36th largest importer of Cement in the world. At the same year, Cement was the 70th most imported product in Guatemala. Guatemala imports Cement primarily from: Vietnam ($55.9M), Honduras ($10.1M), Mexico ($5.77M), Algeria ($5.56M), and Turkey ($2.27M).

The fastest growing import markets in Cement for Guatemala between 2021 and 2022 were Honduras ($5.85M), Algeria ($4.67M), and Panama ($2.1M).

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 Cement. 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)$24.5M
IMPORTS (2022)$84.7M
NET TRADE (2022)-$60.2M

In 2022, Guatemala exported $24.5M in Cement. The main destinations of Guatemala exports on Cement were El Salvador ($10.7M), Belize ($7.14M), Colombia ($3.47M), Honduras ($2.51M), and Nicaragua ($698k).

In 2022, Guatemala imported $84.7M in Cement, mainly from Vietnam ($55.9M), Honduras ($10.1M), Mexico ($5.77M), Algeria ($5.56M), and Turkey ($2.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$7.9M (284%)
Colombia$1.08M (45%)
Nicaragua$484k (226%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Guatemala WERE (2021 - 2022):
Belize-$4M (-35.9%)
Honduras-$1.84M (-42.3%)
Mexico-$2.99k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNicaragua+ $116k
TOP IMPORT POTENTIALMexico+ $2.97M

Cement’s highest export potential is Nicaragua. With an export gap of $116k.   Cement’s highest import potential is Mexico with an import gap of $2.97M.

See methodology.

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