2022
Exports
$107kWorld Rnk 74 / 146
Flag Rnk 89 / 96
2022
PRODUCT COMPLEXITY IN Cork & cork articles
-0.17Rnk 605 / 1025
2022
Imports
$2.37MWorld Rnk 60 / 208
Flag Rnk 86 / 96
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $107k in Cork & cork articles, making it the 74th largest exporter of Cork & cork articles in the world. At the same year, Cork & cork articles was the 89th most exported product in Guatemala. The main destination of Cork & cork articles exports from Guatemala are: Portugal ($103k), Panama ($3.73k), Denmark ($110), El Salvador ($101), and France ($97).

The fastest growing export markets for Cork & cork articles of Guatemala between 2021 and 2022 were Portugal ($103k), Panama ($2.88k), and Denmark ($110).

Imports In 2022, Guatemala imported $2.37M in Cork & cork articles, becoming the 60th largest importer of Cork & cork articles in the world. At the same year, Cork & cork articles was the 86th most imported product in Guatemala. Guatemala imports Cork & cork articles primarily from: Portugal ($1.69M), Spain ($329k), Italy ($200k), Mexico ($71.2k), and China ($37.3k).

The fastest growing import markets in Cork & cork articles for Guatemala between 2021 and 2022 were Portugal ($883k), Spain ($136k), and Italy ($76.4k).

COMPANIES In 2023, leading companies such as One Banana (1) were at the forefront of shipping Cork & cork articles from Guatemala to the United States.

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 Cork & cork articles. 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)$107k
IMPORTS (2022)$2.37M
NET TRADE (2022)-$2.26M

In 2022, Guatemala exported $107k in Cork & cork articles. The main destinations of Guatemala exports on Cork & cork articles were Portugal ($103k), Panama ($3.73k), Denmark ($110), El Salvador ($101), and France ($97).

In 2022, Guatemala imported $2.37M in Cork & cork articles, mainly from Portugal ($1.69M), Spain ($329k), Italy ($200k), Mexico ($71.2k), and China ($37.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cork & cork articles EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Portugal$103k (1.14M%)
Panama$2.88k (337%)
Denmark$110 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cork & cork articles BY Guatemala WERE (2021 - 2022):
Honduras-$401 (-89.3%)
Nicaragua-$370 (-86.7%)
Costa Rica-$325 (-89%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Cork & cork articles were:
In 2022, Guatemala's main importing competitors in Cork & cork articles were:

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Trade Value of Cork & cork articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPanama+ $2.6k
TOP IMPORT POTENTIALChina+ $28.1k

Cork & cork articles’s highest export potential is Panama. With an export gap of $2.6k.   Cork & cork articles’s highest import potential is China with an import gap of $28.1k.

See methodology.

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