2022
Exports
$5.74MWorld Rnk 49 / 190
Flag Rnk 227 / 1099
2022
PRODUCT COMPLEXITY IN Batteries
0.69Rnk 280 / 1025
2022
Imports
$14.4MWorld Rnk 69 / 225
Flag Rnk 308 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $5.74M in Batteries, making it the 49th largest exporter of Batteries in the world. At the same year, Batteries was the 227th most exported product in Guatemala. The main destination of Batteries exports from Guatemala are: Nicaragua ($1.64M), Honduras ($1.16M), El Salvador ($1.14M), Costa Rica ($610k), and Dominican Republic ($505k).

The fastest growing export markets for Batteries of Guatemala between 2021 and 2022 were Dominican Republic ($489k), Nicaragua ($387k), and United States ($164k).

Imports In 2022, Guatemala imported $14.4M in Batteries, becoming the 69th largest importer of Batteries in the world. At the same year, Batteries was the 308th most imported product in Guatemala. Guatemala imports Batteries primarily from: China ($4.24M), United States ($3.4M), Brazil ($2.59M), Costa Rica ($1.88M), and Indonesia ($965k).

The fastest growing import markets in Batteries for Guatemala between 2021 and 2022 were China ($1.75M), United States ($820k), and Mexico ($105k).

Latest Trends

Sep 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 Batteries. 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)$5.74M
IMPORTS (2022)$14.4M
NET TRADE (2022)-$8.66M

In 2022, Guatemala exported $5.74M in Batteries. The main destinations of Guatemala exports on Batteries were Nicaragua ($1.64M), Honduras ($1.16M), El Salvador ($1.14M), Costa Rica ($610k), and Dominican Republic ($505k).

In 2022, Guatemala imported $14.4M in Batteries, mainly from China ($4.24M), United States ($3.4M), Brazil ($2.59M), Costa Rica ($1.88M), and Indonesia ($965k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Dominican Republic$489k (3.07k%)
Nicaragua$387k (30.9%)
United States$164k (30.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY Guatemala WERE (2021 - 2022):
Panama-$667k (-68%)
Colombia-$415k (-99.9%)
Costa Rica-$305k (-33.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $408k
TOP IMPORT POTENTIALChina+ $1.28M

Batteries’s highest export potential is United States. With an export gap of $408k.   Batteries’s highest import potential is China with an import gap of $1.28M.

See methodology.

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