2022
Exports
$321MWorld Rnk 15 / 180
Flag Rnk 11 / 1099
2022
PRODUCT COMPLEXITY IN Light Rubberized Knitted Fabric
-0.28Rnk 640 / 1025
2022
Imports
$282MWorld Rnk 31 / 215
Flag Rnk 14 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $321M in Light Rubberized Knitted Fabric, making it the 15th largest exporter of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 11th most exported product in Guatemala. The main destination of Light Rubberized Knitted Fabric exports from Guatemala are: Nicaragua ($173M), El Salvador ($116M), Honduras ($26M), Dominican Republic ($2.92M), and Haiti ($1.09M).

The fastest growing export markets for Light Rubberized Knitted Fabric of Guatemala between 2021 and 2022 were El Salvador ($34.9M), Nicaragua ($23.7M), and Honduras ($3.86M).

Imports In 2022, Guatemala imported $282M in Light Rubberized Knitted Fabric, becoming the 31st largest importer of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 14th most imported product in Guatemala. Guatemala imports Light Rubberized Knitted Fabric primarily from: China ($83.5M), United States ($74.5M), El Salvador ($59.8M), Honduras ($31.6M), and South Korea ($11.5M).

The fastest growing import markets in Light Rubberized Knitted Fabric for Guatemala between 2021 and 2022 were El Salvador ($23.3M), United States ($14M), and India ($2.25M).

Latest Trends

Sep 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 Light Rubberized Knitted Fabric. 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)$321M
IMPORTS (2022)$282M
NET TRADE (2022)$38.2M

In 2022, Guatemala exported $321M in Light Rubberized Knitted Fabric. The main destinations of Guatemala exports on Light Rubberized Knitted Fabric were Nicaragua ($173M), El Salvador ($116M), Honduras ($26M), Dominican Republic ($2.92M), and Haiti ($1.09M).

In 2022, Guatemala imported $282M in Light Rubberized Knitted Fabric, mainly from China ($83.5M), United States ($74.5M), El Salvador ($59.8M), Honduras ($31.6M), and South Korea ($11.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Light Rubberized Knitted Fabric EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$34.9M (43%)
Nicaragua$23.7M (15.8%)
Honduras$3.86M (17.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Rubberized Knitted Fabric BY Guatemala WERE (2021 - 2022):
Haiti-$813k (-42.8%)
Dominican Republic-$449k (-13.3%)
Venezuela-$131k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Light Rubberized Knitted Fabric were:
In 2022, Guatemala's main importing competitors in Light Rubberized Knitted Fabric were:

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Trade Value of Light Rubberized Knitted Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.1k
TOP IMPORT POTENTIALChina+ $65.3k

Light Rubberized Knitted Fabric’s highest export potential is United States. With an export gap of $29.1k.   Light Rubberized Knitted Fabric’s highest import potential is China with an import gap of $65.3k.

See methodology.

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