2022
Exports
$106kWorld Rnk 45 / 120
Flag Rnk 739 / 1099
2022
PRODUCT COMPLEXITY IN Natural Cork Articles
-0.86Rnk 792 / 1025
2022
Imports
$2.04MWorld Rnk 36 / 201
Flag Rnk 675 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $106k in Natural Cork Articles, making it the 45th largest exporter of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 739th most exported product in Guatemala. The main destination of Natural Cork Articles exports from Guatemala are: Portugal ($103k), Panama ($3.56k), El Salvador ($76), Nicaragua ($57), and Belize ($53).

The fastest growing export markets for Natural Cork Articles of Guatemala between 2021 and 2022 were Portugal ($103k), Panama ($3.2k), and Belize ($53).

Imports In 2022, Guatemala imported $2.04M in Natural Cork Articles, becoming the 36th largest importer of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 675th most imported product in Guatemala. Guatemala imports Natural Cork Articles primarily from: Portugal ($1.48M), Spain ($315k), Italy ($189k), Mexico ($47.2k), and China ($3.57k).

The fastest growing import markets in Natural Cork Articles for Guatemala between 2021 and 2022 were Portugal ($932k), Spain ($162k), and Italy ($65.2k).

COMPANIES In 2023, leading companies such as One Banana (1) were at the forefront of shipping Natural Cork Articles 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 Natural Cork Articles. 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)$106k
IMPORTS (2022)$2.04M
NET TRADE (2022)-$1.93M

In 2022, Guatemala exported $106k in Natural Cork Articles. The main destinations of Guatemala exports on Natural Cork Articles were Portugal ($103k), Panama ($3.56k), El Salvador ($76), Nicaragua ($57), and Belize ($53).

In 2022, Guatemala imported $2.04M in Natural Cork Articles, mainly from Portugal ($1.48M), Spain ($315k), Italy ($189k), Mexico ($47.2k), and China ($3.57k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural Cork Articles EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Portugal$103k (1.14M%)
Panama$3.2k (896%)
Belize$53 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural Cork Articles BY Guatemala WERE (2021 - 2022):
Honduras-$400 (-100%)
Costa Rica-$332 (-100%)
El Salvador-$318 (-80.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Natural Cork Articles were:
In 2022, Guatemala's main importing competitors in Natural Cork Articles were:

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Trade Value of Natural Cork Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPanama+ $2.44k
TOP IMPORT POTENTIALMexico+ $36.6k

Natural Cork Articles’s highest export potential is Panama. With an export gap of $2.44k.   Natural Cork Articles’s highest import potential is Mexico with an import gap of $36.6k.

See methodology.

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