2023
Exports
$15.3MWorld Rnk 32 / 195
Flag Rnk 131 / 1091
2023
PRODUCT COMPLEXITY IN Knit Babies' Garments
-1.57Rnk 954 / 1025
2023
Imports
$4.69MWorld Rnk 88 / 216
Flag Rnk 519 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $15.3M in Knit Babies' Garments, making it the 32nd largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 131st most exported product in Guatemala. The main destination of Knit Babies' Garments exports from Guatemala are: United States ($13.6M), Mexico ($524k), Canada ($398k), United Kingdom ($264k), and El Salvador ($125k).

The fastest growing export markets for Knit Babies' Garments of Guatemala between 2022 and 2023 were United Kingdom ($121k), Belgium ($54.3k), and Nicaragua ($20.5k).

Imports In 2023, Guatemala imported $4.69M 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 519th most imported product in Guatemala. Guatemala imports Knit Babies' Garments primarily from: China ($1.7M), United States ($505k), Colombia ($322k), El Salvador ($284k), and Cambodia ($282k).

The fastest growing import markets in Knit Babies' Garments for Guatemala between 2022 and 2023 were Mexico ($108k), El Salvador ($73.3k), and Brazil ($54.7k).

Latest Trends

Jan 2025

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 (2023)$15.3M
IMPORTS (2023)$4.69M
NET TRADE (2023)$10.6M

In 2023, Guatemala exported $15.3M in Knit Babies' Garments. The main destinations of Guatemala exports on Knit Babies' Garments were United States ($13.6M), Mexico ($524k), Canada ($398k), United Kingdom ($264k), and El Salvador ($125k).

In 2023, Guatemala imported $4.69M in Knit Babies' Garments, mainly from China ($1.7M), United States ($505k), Colombia ($322k), El Salvador ($284k), and Cambodia ($282k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
United Kingdom$121k (84.9%)
Belgium$54.3k (11.7k%)
Nicaragua$20.5k (192%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Guatemala WERE (2022 - 2023):
United States-$7.91M (-36.8%)
Mexico-$409k (-43.8%)
Italy-$121k (-94.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Knit Babies' Garments were:
In 2023, Guatemala's main importing competitors in Knit Babies' Garments were:

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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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