2022
PRODUCT COMPLEXITY IN Other Knit Garments
-1.33Rnk 917 / 1025
2022
Imports
falseWorld Rnk 86 / 217
Flag Rnk 494 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

The fastest growing export markets for Other Knit Garments of Guatemala between 2021 and 2022 were United States ($2.88M), Canada ($205k), and South Korea ($158k).

Imports In 2022, Guatemala imported $5.44M in Other Knit Garments, becoming the 86th largest importer of Other Knit Garments in the world. At the same year, Other Knit Garments was the 494th most imported product in Guatemala. Guatemala imports Other Knit Garments primarily from: United States ($1.04M), Spain ($922k), Mexico ($805k), Turkey ($633k), and Bangladesh ($551k).

The fastest growing import markets in Other Knit Garments for Guatemala between 2021 and 2022 were Mexico ($744k), Bangladesh ($361k), and Turkey ($348k).

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 Other Knit 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
IMPORTS (2022)$5.44M

In 2022, Guatemala imported $5.44M in Other Knit Garments, mainly from United States ($1.04M), Spain ($922k), Mexico ($805k), Turkey ($633k), and Bangladesh ($551k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Knit Garments EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$2.88M (52.1%)
Canada$205k (529%)
South Korea$158k (1.27k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Garments BY Guatemala WERE (2021 - 2022):
Australia-$273k (-95.9%)
Switzerland-$161k (-66.2%)
Saudi Arabia-$106k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Other Knit Garments were:
In 2022, Guatemala's main importing competitors in Other Knit Garments were:

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Trade Value of Other Knit Garments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $4.47M
TOP IMPORT POTENTIALChina+ $543k

Other Knit Garments’s highest export potential is United States. With an export gap of $4.47M.   Other Knit Garments’s highest import potential is China with an import gap of $543k.

See methodology.

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