2022
Exports
$395kWorld Rnk 88 / 160
Flag Rnk 84 / 96
2022
PRODUCT COMPLEXITY IN Wool & animal hair
0.58Rnk 333 / 1025
2022
Imports
$13.4MWorld Rnk 67 / 194
Flag Rnk 79 / 96
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $395k in Wool & animal hair, making it the 88th largest exporter of Wool & animal hair in the world. At the same year, Wool & animal hair was the 84th most exported product in Guatemala. The main destination of Wool & animal hair exports from Guatemala are: Mexico ($342k), Honduras ($15k), El Salvador ($10.7k), United States ($10.1k), and Nicaragua ($5.51k).

The fastest growing export markets for Wool & animal hair of Guatemala between 2021 and 2022 were Colombia ($4.61k), Portugal ($1.92k), and Nicaragua ($1.56k).

Imports In 2022, Guatemala imported $13.4M in Wool & animal hair, becoming the 67th largest importer of Wool & animal hair in the world. At the same year, Wool & animal hair was the 79th most imported product in Guatemala. Guatemala imports Wool & animal hair primarily from: Mexico ($8.47M), China ($3.8M), Italy ($810k), Belgium ($119k), and United States ($84.1k).

The fastest growing import markets in Wool & animal hair for Guatemala between 2021 and 2022 were Mexico ($5M), China ($1.3M), and Italy ($136k).

COMPANIES In 2023, leading companies such as EDT (Export, Development & Trade) (6) were at the forefront of shipping Wool & animal hair from Guatemala to the United States.

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 Wool & animal hair. 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)$395k
IMPORTS (2022)$13.4M
NET TRADE (2022)-$13M

In 2022, Guatemala exported $395k in Wool & animal hair. The main destinations of Guatemala exports on Wool & animal hair were Mexico ($342k), Honduras ($15k), El Salvador ($10.7k), United States ($10.1k), and Nicaragua ($5.51k).

In 2022, Guatemala imported $13.4M in Wool & animal hair, mainly from Mexico ($8.47M), China ($3.8M), Italy ($810k), Belgium ($119k), and United States ($84.1k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Wool & animal hair EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Colombia$4.61k (1%)
Portugal$1.92k (1%)
Nicaragua$1.56k (39.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool & animal hair BY Guatemala WERE (2021 - 2022):
Mexico-$189k (-35.6%)
United Kingdom-$25.7k (-95.8%)
United States-$3.91k (-27.9%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Wool & animal hair were:
China $2.23B
Italy $2.03B
In 2022, Guatemala's main importing competitors in Wool & animal hair were:
China $2.97B
Italy $1.62B

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Trade Value of Wool & animal hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $44.4k
TOP IMPORT POTENTIALItaly+ $213k

Wool & animal hair’s highest export potential is Mexico. With an export gap of $44.4k.   Wool & animal hair’s highest import potential is Italy with an import gap of $213k.

See methodology.

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