2022
Exports
$3.27MWorld Rnk 28 / 99
Flag Rnk 285 / 1099
2022
PRODUCT COMPLEXITY IN Non-Retail Mixed Cotton Yarn
-0.61Rnk 731 / 1025
2022
Imports
$153MWorld Rnk 3 / 162
Flag Rnk 42 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $3.27M in Non-Retail Mixed Cotton Yarn, making it the 28th largest exporter of Non-Retail Mixed Cotton Yarn in the world. At the same year, Non-Retail Mixed Cotton Yarn was the 285th most exported product in Guatemala. The main destination of Non-Retail Mixed Cotton Yarn exports from Guatemala are: El Salvador ($1.96M), Honduras ($1.3M), Costa Rica ($125), Sweden ($92), and South Korea ($85).

The fastest growing export markets for Non-Retail Mixed Cotton Yarn of Guatemala between 2021 and 2022 were Sweden ($92), Costa Rica ($37), and Nicaragua ($2).

Imports In 2022, Guatemala imported $153M in Non-Retail Mixed Cotton Yarn, becoming the 3rd largest importer of Non-Retail Mixed Cotton Yarn in the world. At the same year, Non-Retail Mixed Cotton Yarn was the 42nd most imported product in Guatemala. Guatemala imports Non-Retail Mixed Cotton Yarn primarily from: Costa Rica ($39.6M), Vietnam ($27.1M), United States ($25.2M), El Salvador ($13.6M), and India ($13.5M).

The fastest growing import markets in Non-Retail Mixed Cotton Yarn for Guatemala between 2021 and 2022 were Costa Rica ($13.1M), United States ($10.1M), and Honduras ($3.85M).

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 Non-Retail Mixed Cotton Yarn. 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)$3.27M
IMPORTS (2022)$153M
NET TRADE (2022)-$150M

In 2022, Guatemala exported $3.27M in Non-Retail Mixed Cotton Yarn. The main destinations of Guatemala exports on Non-Retail Mixed Cotton Yarn were El Salvador ($1.96M), Honduras ($1.3M), Costa Rica ($125), Sweden ($92), and South Korea ($85).

In 2022, Guatemala imported $153M in Non-Retail Mixed Cotton Yarn, mainly from Costa Rica ($39.6M), Vietnam ($27.1M), United States ($25.2M), El Salvador ($13.6M), and India ($13.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Mixed Cotton Yarn EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Sweden$92 (1%)
Costa Rica$37 (42%)
Nicaragua$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Mixed Cotton Yarn BY Guatemala WERE (2021 - 2022):
El Salvador-$2.35M (-54.5%)
South Korea-$529k (-100%)
Honduras-$452k (-25.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Non-Retail Mixed Cotton Yarn were:
In 2022, Guatemala's main importing competitors in Non-Retail Mixed Cotton Yarn were:

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Trade Value of Non-Retail Mixed Cotton Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHonduras+ $170k
TOP IMPORT POTENTIALChina+ $1.45M

Non-Retail Mixed Cotton Yarn’s highest export potential is Honduras. With an export gap of $170k.   Non-Retail Mixed Cotton Yarn’s highest import potential is China with an import gap of $1.45M.

See methodology.

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