2022
Exports
$9.93MWorld Rnk 68 / 158
Flag Rnk 173 / 1099
2022
PRODUCT COMPLEXITY IN Rough Wood
-1.3Rnk 908 / 1025
2022
Imports
$415kWorld Rnk 130 / 205
Flag Rnk 887 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $9.93M in Rough Wood, making it the 68th largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 173rd most exported product in Guatemala. The main destination of Rough Wood exports from Guatemala are: India ($4.94M), China ($4M), Vietnam ($857k), El Salvador ($61.7k), and Italy ($35.8k).

The fastest growing export markets for Rough Wood of Guatemala between 2021 and 2022 were Vietnam ($713k), El Salvador ($61.7k), and Italy ($35.8k).

Imports In 2022, Guatemala imported $415k in Rough Wood, becoming the 130th largest importer of Rough Wood in the world. At the same year, Rough Wood was the 887th most imported product in Guatemala. Guatemala imports Rough Wood primarily from: United States ($199k), Honduras ($170k), Belgium ($35.1k), Venezuela ($8.29k), and Panama ($1.2k).

The fastest growing import markets in Rough Wood for Guatemala between 2021 and 2022 were Honduras ($132k), Belgium ($35.1k), and Venezuela ($8.29k).

Latest Trends

Aug 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 Rough Wood. 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)$9.93M
IMPORTS (2022)$415k
NET TRADE (2022)$9.52M

In 2022, Guatemala exported $9.93M in Rough Wood. The main destinations of Guatemala exports on Rough Wood were India ($4.94M), China ($4M), Vietnam ($857k), El Salvador ($61.7k), and Italy ($35.8k).

In 2022, Guatemala imported $415k in Rough Wood, mainly from United States ($199k), Honduras ($170k), Belgium ($35.1k), Venezuela ($8.29k), and Panama ($1.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rough Wood EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Vietnam$713k (495%)
El Salvador$61.7k (1%)
Italy$35.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rough Wood BY Guatemala WERE (2021 - 2022):
China-$2.39M (-37.4%)
United States-$63.9k (-100%)
Honduras-$30.7k (-99.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Rough Wood were:
In 2022, Guatemala's main importing competitors in Rough Wood were:

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Trade Value of Rough Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.49M
TOP IMPORT POTENTIALUnited States+ $162k

Rough Wood’s highest export potential is China. With an export gap of $3.49M.   Rough Wood’s highest import potential is United States with an import gap of $162k.

See methodology.

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