2022
Exports
$300kWorld Rnk 31 / 111
Flag Rnk 618 / 1099
2022
PRODUCT COMPLEXITY IN Rubber Thread
0.38Rnk 414 / 1025
2022
Imports
$1.95MWorld Rnk 48 / 194
Flag Rnk 683 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $300k in Rubber Thread, making it the 31st largest exporter of Rubber Thread in the world. At the same year, Rubber Thread was the 618th most exported product in Guatemala. The main destination of Rubber Thread exports from Guatemala are: El Salvador ($268k), Nicaragua ($25.6k), Democratic Republic of the Congo ($3.28k), Honduras ($2.37k), and United States ($391).

The fastest growing export markets for Rubber Thread of Guatemala between 2021 and 2022 were El Salvador ($263k), Nicaragua ($770), and Democratic Republic of the Congo ($578).

Imports In 2022, Guatemala imported $1.95M in Rubber Thread, becoming the 48th largest importer of Rubber Thread in the world. At the same year, Rubber Thread was the 683rd most imported product in Guatemala. Guatemala imports Rubber Thread primarily from: Malaysia ($1.26M), China ($381k), Thailand ($165k), Chinese Taipei ($142k), and United States ($4.11k).

The fastest growing import markets in Rubber Thread for Guatemala between 2021 and 2022 were Malaysia ($209k), China ($99.5k), and Chinese Taipei ($23.6k).

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 Rubber Thread. 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)$300k
IMPORTS (2022)$1.95M
NET TRADE (2022)-$1.65M

In 2022, Guatemala exported $300k in Rubber Thread. The main destinations of Guatemala exports on Rubber Thread were El Salvador ($268k), Nicaragua ($25.6k), Democratic Republic of the Congo ($3.28k), Honduras ($2.37k), and United States ($391).

In 2022, Guatemala imported $1.95M in Rubber Thread, mainly from Malaysia ($1.26M), China ($381k), Thailand ($165k), Chinese Taipei ($142k), and United States ($4.11k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Thread EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$263k (4.74k%)
Nicaragua$770 (3.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Thread BY Guatemala WERE (2021 - 2022):
Honduras-$1.29k (-35.3%)
United States-$978 (-71.4%)
Indonesia-$910 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Rubber Thread were:
In 2022, Guatemala's main importing competitors in Rubber Thread were:

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Trade Value of Rubber Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHonduras+ $3.09k
TOP IMPORT POTENTIALThailand+ $80.8k

Rubber Thread’s highest export potential is Honduras. With an export gap of $3.09k.   Rubber Thread’s highest import potential is Thailand with an import gap of $80.8k.

See methodology.

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