2022
Exports
$6.01MWorld Rnk 58 / 203
Flag Rnk 225 / 1099
2022
PRODUCT COMPLEXITY IN Other Wood Articles
-0.26Rnk 632 / 1025
2022
Imports
$5.79MWorld Rnk 76 / 225
Flag Rnk 479 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $6.01M in Other Wood Articles, making it the 58th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 225th most exported product in Guatemala. The main destination of Other Wood Articles exports from Guatemala are: Italy ($1.95M), United States ($1.67M), El Salvador ($667k), Canada ($654k), and France ($338k).

The fastest growing export markets for Other Wood Articles of Guatemala between 2021 and 2022 were United States ($639k), Canada ($624k), and France ($106k).

Imports In 2022, Guatemala imported $5.79M in Other Wood Articles, becoming the 76th largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 479th most imported product in Guatemala. Guatemala imports Other Wood Articles primarily from: China ($4.22M), Honduras ($312k), Russia ($236k), United States ($165k), and El Salvador ($156k).

The fastest growing import markets in Other Wood Articles for Guatemala between 2021 and 2022 were Ecuador ($146k), India ($77k), and Mexico ($56.6k).

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 Wood 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)$6.01M
IMPORTS (2022)$5.79M
NET TRADE (2022)$227k

In 2022, Guatemala exported $6.01M in Other Wood Articles. The main destinations of Guatemala exports on Other Wood Articles were Italy ($1.95M), United States ($1.67M), El Salvador ($667k), Canada ($654k), and France ($338k).

In 2022, Guatemala imported $5.79M in Other Wood Articles, mainly from China ($4.22M), Honduras ($312k), Russia ($236k), United States ($165k), and El Salvador ($156k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$639k (61.7%)
Canada$624k (2.1k%)
France$106k (45.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY Guatemala WERE (2021 - 2022):
Panama-$108k (-75.5%)
Germany-$55.7k (-96.7%)
Netherlands-$17k (-50.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Other Wood Articles were:
China $4.03B
In 2022, Guatemala's main importing competitors in Other Wood Articles were:

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Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.73M
TOP IMPORT POTENTIALChina+ $851k

Other Wood Articles’s highest export potential is United States. With an export gap of $1.73M.   Other Wood Articles’s highest import potential is China with an import gap of $851k.

See methodology.

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