2022
Exports
$307kWorld Rnk 63 / 200
Flag Rnk 610 / 1099
2022
PRODUCT COMPLEXITY IN Wrenches
1.67Rnk 30 / 1025
2022
Imports
$7.64MWorld Rnk 61 / 219
Flag Rnk 428 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $307k in Wrenches, making it the 63rd largest exporter of Wrenches in the world. At the same year, Wrenches was the 610th most exported product in Guatemala. The main destination of Wrenches exports from Guatemala are: El Salvador ($199k), Honduras ($52.1k), Costa Rica ($16k), Nicaragua ($12.2k), and Venezuela ($9.05k).

The fastest growing export markets for Wrenches of Guatemala between 2021 and 2022 were El Salvador ($159k), Honduras ($31.1k), and Costa Rica ($12.6k).

Imports In 2022, Guatemala imported $7.64M in Wrenches, becoming the 61st largest importer of Wrenches in the world. At the same year, Wrenches was the 428th most imported product in Guatemala. Guatemala imports Wrenches primarily from: China ($4.08M), United States ($1.13M), Chinese Taipei ($888k), Mexico ($763k), and India ($330k).

The fastest growing import markets in Wrenches for Guatemala between 2021 and 2022 were China ($1.27M), Chinese Taipei ($213k), and India ($118k).

COMPANIES In 2023, leading companies such as Chiquita (89), EDT (Export, Development & Trade) (38), and Ayco Farms (30) were at the forefront of shipping Wrenches from Guatemala to the United States.

Latest Trends

Nov 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 Wrenches. 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)$307k
IMPORTS (2022)$7.64M
NET TRADE (2022)-$7.33M

In 2022, Guatemala exported $307k in Wrenches. The main destinations of Guatemala exports on Wrenches were El Salvador ($199k), Honduras ($52.1k), Costa Rica ($16k), Nicaragua ($12.2k), and Venezuela ($9.05k).

In 2022, Guatemala imported $7.64M in Wrenches, mainly from China ($4.08M), United States ($1.13M), Chinese Taipei ($888k), Mexico ($763k), and India ($330k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$159k (403%)
Honduras$31.1k (148%)
Costa Rica$12.6k (372%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Guatemala WERE (2021 - 2022):
Czechia-$7.97k (-100%)
United States-$4.82k (-100%)
Colombia-$2.91k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $20.2k
TOP IMPORT POTENTIALIndia+ $206k

Wrenches’s highest export potential is Mexico. With an export gap of $20.2k.   Wrenches’s highest import potential is India with an import gap of $206k.

See methodology.

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