2022
PRODUCT COMPLEXITY IN Footwear Parts
-0.62Rnk 735 / 1025
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported N/A in Footwear Parts, making it the 46th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 143rd most exported product in Guatemala. The main destination of Footwear Parts exports from Guatemala are: United States ($8.46M), El Salvador ($2.43M), Nicaragua ($814k), Costa Rica ($755k), and Honduras ($700k).

The fastest growing export markets for Footwear Parts of Guatemala between 2021 and 2022 were United States ($5.57M), Costa Rica ($155k), and Honduras ($111k).

The fastest growing import markets in Footwear Parts for Guatemala between 2021 and 2022 were United States ($478k), Italy ($137k), and Spain ($23.2k).

COMPANIES In 2023, leading companies such as Old Navy (18) and Gap (1) were at the forefront of shipping Footwear Parts 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 Footwear Parts. 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

In N/A, Guatemala exported N/A in Footwear Parts. The main destinations of Guatemala exports on Footwear Parts were United States ($8.46M), El Salvador ($2.43M), Nicaragua ($814k), Costa Rica ($755k), and Honduras ($700k).

In N/A, Guatemala imported N/A in Footwear Parts, mainly from China ($1.2M), United States ($966k), Mexico ($807k), Italy ($427k), and El Salvador ($374k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$5.57M (193%)
Costa Rica$155k (25.9%)
Honduras$111k (18.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Guatemala WERE (2021 - 2022):
El Salvador-$36.7k (-1.49%)
Dominican Republic-$34.2k (-44.7%)
Guatemala-$1.82k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Footwear Parts were:
China $4.26B
Italy $811M

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.7M
TOP IMPORT POTENTIALChina+ $843k

Footwear Parts’s highest export potential is United States. With an export gap of $1.7M.   Footwear Parts’s highest import potential is China with an import gap of $843k.

See methodology.

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