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2022
Exports $17.3MWorld Rnk 38 / 197
Flag Rnk 128 / 1099
2022
Destination $288k United States
2021 - 2022
FASTEST GROWING MARKET $288kMexico
2022
PRODUCT COMPLEXITY IN Knit Babies' Garments-1.54Rnk 952 / 1025
2022
Imports $5.51MWorld Rnk 88 / 216
Flag Rnk 492 / 1184
2022
Origin $170k China
2021 - 2022
FASTEST GROWING ORIGIN $170kIndia
2022
ECONOMIC COMPLEXITY of Guatemala-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $17.3M in Knit Babies' Garments, making it the 38th largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 128th most exported product in Guatemala. The main destination of Knit Babies' Garments exports from Guatemala are: United States ($15M), Mexico ($933k), Kuwait ($249k), Canada ($186k), and El Salvador ($158k).

The fastest growing export markets for Knit Babies' Garments of Guatemala between 2021 and 2022 were Mexico ($288k), Kuwait ($246k), and Italy ($106k).

Imports In 2022, Guatemala imported $5.51M in Knit Babies' Garments, becoming the 88th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 492nd most imported product in Guatemala. Guatemala imports Knit Babies' Garments primarily from: China ($2.15M), United States ($711k), Spain ($490k), Colombia ($268k), and Cambodia ($264k).

The fastest growing import markets in Knit Babies' Garments for Guatemala between 2021 and 2022 were India ($170k), Bangladesh ($163k), and Colombia ($89.4k).

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 Knit Babies' Garments. 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)$17.3M
IMPORTS (2022)$5.51M
NET TRADE (2022)$11.8M

In 2022, Guatemala exported $17.3M in Knit Babies' Garments. The main destinations of Guatemala exports on Knit Babies' Garments were United States ($15M), Mexico ($933k), Kuwait ($249k), Canada ($186k), and El Salvador ($158k).

In 2022, Guatemala imported $5.51M in Knit Babies' Garments, mainly from China ($2.15M), United States ($711k), Spain ($490k), Colombia ($268k), and Cambodia ($264k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Mexico$288k (44.6%)
Kuwait$246k (9.45k%)
Italy$106k (489%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Guatemala WERE (2021 - 2022):
United States-$12.1M (-44.8%)
Canada-$228k (-55.1%)
Spain-$66.8k (-95.8%)
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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 Knit Babies' Garments were:
China $2.45B
Bangladesh $1.29B
India $1.08B
In 2022, Guatemala's main importing competitors in Knit Babies' Garments were:
United States $2.31B
Germany $759M
United Kingdom $629M

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Trade Value of Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $5.89M
TOP IMPORT POTENTIALChina+ $772k

Knit Babies' Garments’s highest export potential is United States. With an export gap of $5.89M.   Knit Babies' Garments’s highest import potential is China with an import gap of $772k.

See methodology.

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