2022
Exports
$23.6kWorld Rnk 83 / 164
Flag Rnk 884 / 1099
2022
PRODUCT COMPLEXITY IN Wood Frames
-0.32Rnk 656 / 1025
2022
Imports
$408kWorld Rnk 75 / 206
Flag Rnk 890 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $23.6k in Wood Frames, making it the 83rd largest exporter of Wood Frames in the world. At the same year, Wood Frames was the 884th most exported product in Guatemala. The main destination of Wood Frames exports from Guatemala are: Dominican Republic ($9.08k), Honduras ($5.52k), Belize ($5.35k), United States ($2.7k), and El Salvador ($538).

The fastest growing export markets for Wood Frames of Guatemala between 2021 and 2022 were Dominican Republic ($7.68k), Belize ($5.35k), and United States ($1.65k).

Imports In 2022, Guatemala imported $408k in Wood Frames, becoming the 75th largest importer of Wood Frames in the world. At the same year, Wood Frames was the 890th most imported product in Guatemala. Guatemala imports Wood Frames primarily from: China ($376k), United Kingdom ($7.2k), Indonesia ($5.42k), Italy ($5.19k), and United States ($3.45k).

The fastest growing import markets in Wood Frames for Guatemala between 2021 and 2022 were China ($24.7k), Italy ($3.96k), and United Kingdom ($1.64k).

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 Wood Frames. 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)$23.6k
IMPORTS (2022)$408k
NET TRADE (2022)-$385k

In 2022, Guatemala exported $23.6k in Wood Frames. The main destinations of Guatemala exports on Wood Frames were Dominican Republic ($9.08k), Honduras ($5.52k), Belize ($5.35k), United States ($2.7k), and El Salvador ($538).

In 2022, Guatemala imported $408k in Wood Frames, mainly from China ($376k), United Kingdom ($7.2k), Indonesia ($5.42k), Italy ($5.19k), and United States ($3.45k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Frames EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Dominican Republic$7.68k (549%)
Belize$5.35k (1%)
United States$1.65k (158%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Frames BY Guatemala WERE (2021 - 2022):
Costa Rica-$22k (-98.4%)
El Salvador-$11.6k (-95.6%)
Honduras-$9.52k (-63.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wood Frames by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.52k
TOP IMPORT POTENTIALChina+ $70.1k

Wood Frames’s highest export potential is United States. With an export gap of $8.52k.   Wood Frames’s highest import potential is China with an import gap of $70.1k.

See methodology.

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