2022
Exports
$194kWorld Rnk 68 / 105
Flag Rnk 666 / 1099
2022
PRODUCT COMPLEXITY IN Silicates
-0.58Rnk 717 / 1025
2022
Imports
$9.72MWorld Rnk 30 / 193
Flag Rnk 382 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $194k in Silicates, making it the 68th largest exporter of Silicates in the world. At the same year, Silicates was the 666th most exported product in Guatemala. The main destination of Silicates exports from Guatemala are: El Salvador ($109k), Costa Rica ($26.6k), Panama ($23.5k), Dominican Republic ($10.6k), and Honduras ($9.92k).

The fastest growing export markets for Silicates of Guatemala between 2021 and 2022 were Panama ($23.5k) and Mexico ($3.54k).

Imports In 2022, Guatemala imported $9.72M in Silicates, becoming the 30th largest importer of Silicates in the world. At the same year, Silicates was the 382nd most imported product in Guatemala. Guatemala imports Silicates primarily from: China ($5.1M), United States ($1.53M), Mexico ($1.31M), Colombia ($975k), and Egypt ($411k).

The fastest growing import markets in Silicates for Guatemala between 2021 and 2022 were China ($2.7M), Mexico ($283k), and Colombia ($40.6k).

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 Silicates. 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)$194k
IMPORTS (2022)$9.72M
NET TRADE (2022)-$9.52M

In 2022, Guatemala exported $194k in Silicates. The main destinations of Guatemala exports on Silicates were El Salvador ($109k), Costa Rica ($26.6k), Panama ($23.5k), Dominican Republic ($10.6k), and Honduras ($9.92k).

In 2022, Guatemala imported $9.72M in Silicates, mainly from China ($5.1M), United States ($1.53M), Mexico ($1.31M), Colombia ($975k), and Egypt ($411k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicates EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Panama$23.5k (1%)
Mexico$3.54k (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicates BY Guatemala WERE (2021 - 2022):
Nicaragua-$26.6k (-80.6%)
Dominican Republic-$25k (-70.2%)
El Salvador-$20k (-15.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silicates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $17.2k
TOP IMPORT POTENTIALEgypt+ $86.2k

Silicates’s highest export potential is Mexico. With an export gap of $17.2k.   Silicates’s highest import potential is Egypt with an import gap of $86.2k.

See methodology.

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