2022
Exports
$23MWorld Rnk 38 / 182
Flag Rnk 112 / 1099
2022
PRODUCT COMPLEXITY IN Aqueous Paints
-0.067Rnk 571 / 1025
2022
Imports
$34.6MWorld Rnk 42 / 223
Flag Rnk 165 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $23M in Aqueous Paints, making it the 38th largest exporter of Aqueous Paints in the world. At the same year, Aqueous Paints was the 112th most exported product in Guatemala. The main destination of Aqueous Paints exports from Guatemala are: Nicaragua ($7.03M), El Salvador ($4.79M), Panama ($4.43M), Honduras ($3.59M), and Peru ($2.2M).

The fastest growing export markets for Aqueous Paints of Guatemala between 2021 and 2022 were Panama ($1.38M), Nicaragua ($931k), and Peru ($404k).

Imports In 2022, Guatemala imported $34.6M in Aqueous Paints, becoming the 42nd largest importer of Aqueous Paints in the world. At the same year, Aqueous Paints was the 165th most imported product in Guatemala. Guatemala imports Aqueous Paints primarily from: El Salvador ($15.6M), Costa Rica ($7.07M), United States ($4.46M), Mexico ($2.55M), and Panama ($1.78M).

The fastest growing import markets in Aqueous Paints for Guatemala between 2021 and 2022 were El Salvador ($2.46M), United States ($1.28M), and Costa Rica ($630k).

Latest Trends

Aug 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 Aqueous Paints. 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)$23M
IMPORTS (2022)$34.6M
NET TRADE (2022)-$11.6M

In 2022, Guatemala exported $23M in Aqueous Paints. The main destinations of Guatemala exports on Aqueous Paints were Nicaragua ($7.03M), El Salvador ($4.79M), Panama ($4.43M), Honduras ($3.59M), and Peru ($2.2M).

In 2022, Guatemala imported $34.6M in Aqueous Paints, mainly from El Salvador ($15.6M), Costa Rica ($7.07M), United States ($4.46M), Mexico ($2.55M), and Panama ($1.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aqueous Paints EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Panama$1.38M (45.3%)
Nicaragua$931k (15.3%)
Peru$404k (22.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aqueous Paints BY Guatemala WERE (2021 - 2022):
Costa Rica-$183k (-20.6%)
El Salvador-$112k (-2.29%)
Mexico-$45.6k (-69.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Aqueous Paints by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMexico+ $148k
TOP IMPORT POTENTIALMexico+ $1.15M

Aqueous Paints’s highest export potential is Mexico. With an export gap of $148k.   Aqueous Paints’s highest import potential is Mexico with an import gap of $1.15M.

See methodology.

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