2022
Exports
$7.74MWorld Rnk 62 / 213
Flag Rnk 197 / 1099
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Shirts
-1.22Rnk 883 / 1025
2022
Imports
$9.35MWorld Rnk 78 / 219
Flag Rnk 389 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $7.74M in Non-Knit Men's Shirts, making it the 62nd largest exporter of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 197th most exported product in Guatemala. The main destination of Non-Knit Men's Shirts exports from Guatemala are: United States ($3.9M), El Salvador ($2M), Honduras ($720k), Costa Rica ($268k), and Nicaragua ($189k).

The fastest growing export markets for Non-Knit Men's Shirts of Guatemala between 2021 and 2022 were United States ($2.51M), South Korea ($86.2k), and Nicaragua ($67.6k).

Imports In 2022, Guatemala imported $9.35M in Non-Knit Men's Shirts, becoming the 78th largest importer of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 389th most imported product in Guatemala. Guatemala imports Non-Knit Men's Shirts primarily from: China ($2.39M), Bangladesh ($988k), El Salvador ($964k), Vietnam ($733k), and India ($500k).

The fastest growing import markets in Non-Knit Men's Shirts for Guatemala between 2021 and 2022 were China ($1.03M), Bangladesh ($610k), and Vietnam ($498k).

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 Non-Knit Men's Shirts. 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)$7.74M
IMPORTS (2022)$9.35M
NET TRADE (2022)-$1.61M

In 2022, Guatemala exported $7.74M in Non-Knit Men's Shirts. The main destinations of Guatemala exports on Non-Knit Men's Shirts were United States ($3.9M), El Salvador ($2M), Honduras ($720k), Costa Rica ($268k), and Nicaragua ($189k).

In 2022, Guatemala imported $9.35M in Non-Knit Men's Shirts, mainly from China ($2.39M), Bangladesh ($988k), El Salvador ($964k), Vietnam ($733k), and India ($500k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Shirts EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$2.51M (180%)
South Korea$86.2k (122%)
Nicaragua$67.6k (55.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Shirts BY Guatemala WERE (2021 - 2022):
El Salvador-$359k (-15.2%)
Canada-$25.9k (-22%)
United Kingdom-$11.7k (-86%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Non-Knit Men's Shirts were:
In 2022, Guatemala's main importing competitors in Non-Knit Men's Shirts were:

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Trade Value of Non-Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.95M
TOP IMPORT POTENTIALBangladesh+ $1.01M

Non-Knit Men's Shirts’s highest export potential is United States. With an export gap of $3.95M.   Non-Knit Men's Shirts’s highest import potential is Bangladesh with an import gap of $1.01M.

See methodology.

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