2022
Exports
$599kWorld Rnk 80 / 209
Flag Rnk 511 / 1099
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$23.8MWorld Rnk 75 / 222
Flag Rnk 227 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $599k in Electrical Lighting and Signalling Equipment, making it the 80th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 511th most exported product in Guatemala. The main destination of Electrical Lighting and Signalling Equipment exports from Guatemala are: Honduras ($269k), El Salvador ($232k), Costa Rica ($41.8k), Mexico ($37.4k), and Nicaragua ($16.2k).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Guatemala between 2021 and 2022 were Honduras ($73.9k), El Salvador ($61.6k), and Mexico ($24.4k).

Imports In 2022, Guatemala imported $23.8M in Electrical Lighting and Signalling Equipment, becoming the 75th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 227th most imported product in Guatemala. Guatemala imports Electrical Lighting and Signalling Equipment primarily from: China ($12.6M), Chinese Taipei ($4.87M), United States ($1.43M), Mexico ($1.05M), and Japan ($743k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Guatemala between 2021 and 2022 were China ($2.28M), Chinese Taipei ($444k), and Thailand ($382k).

Latest Trends

Oct 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 Electrical Lighting and Signalling Equipment. 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)$599k
IMPORTS (2022)$23.8M
NET TRADE (2022)-$23.2M

In 2022, Guatemala exported $599k in Electrical Lighting and Signalling Equipment. The main destinations of Guatemala exports on Electrical Lighting and Signalling Equipment were Honduras ($269k), El Salvador ($232k), Costa Rica ($41.8k), Mexico ($37.4k), and Nicaragua ($16.2k).

In 2022, Guatemala imported $23.8M in Electrical Lighting and Signalling Equipment, mainly from China ($12.6M), Chinese Taipei ($4.87M), United States ($1.43M), Mexico ($1.05M), and Japan ($743k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$73.9k (37.8%)
El Salvador$61.6k (36.2%)
Mexico$24.4k (189%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Guatemala WERE (2021 - 2022):
Costa Rica-$9.51k (-18.5%)
Belize-$2.41k (-75.6%)
Panama-$1.87k (-86.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Guatemala's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $148k
TOP IMPORT POTENTIALMexico+ $2.3M

Electrical Lighting and Signalling Equipment’s highest export potential is Mexico. With an export gap of $148k.   Electrical Lighting and Signalling Equipment’s highest import potential is Mexico with an import gap of $2.3M.

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