2023
Exports
$570kWorld Rnk 90 / 151
Flag Rnk 488 / 1091
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$77.7MWorld Rnk 55 / 212
Flag Rnk 84 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $570k in Buses, making it the 90th largest exporter of Buses in the world. At the same year, Buses was the 488th most exported product in Guatemala. The main destination of Buses exports from Guatemala are: El Salvador ($322k), Belize ($231k), and Honduras ($16.8k).

The fastest growing export markets for Buses of Guatemala between 2022 and 2023 were El Salvador ($322k) and Belize ($89.9k).

Imports In 2023, Guatemala imported $77.7M in Buses, becoming the 55th largest importer of Buses in the world. At the same year, Buses was the 84th most imported product in Guatemala. Guatemala imports Buses primarily from: Japan ($37M), Brazil ($16.2M), South Korea ($13.3M), United States ($3.75M), and China ($3.1M).

The fastest growing import markets in Buses for Guatemala between 2022 and 2023 were Brazil ($15.4M), Japan ($10.6M), and South Korea ($6.85M).

Latest Trends

Jan 2025

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 Buses. 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 (2023)$570k
IMPORTS (2023)$77.7M
NET TRADE (2023)-$77.1M

In 2023, Guatemala exported $570k in Buses. The main destinations of Guatemala exports on Buses were El Salvador ($322k), Belize ($231k), and Honduras ($16.8k).

In 2023, Guatemala imported $77.7M in Buses, mainly from Japan ($37M), Brazil ($16.2M), South Korea ($13.3M), United States ($3.75M), and China ($3.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
El Salvador$322k (1%)
Belize$89.9k (63.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Guatemala WERE (2022 - 2023):
Costa Rica-$215k (-100%)
Honduras-$203k (-92.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Guatemala's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHonduras+ $18.6k
TOP IMPORT POTENTIALChina+ $1.74M

Buses’s highest export potential is Honduras. With an export gap of $18.6k.   Buses’s highest import potential is China with an import gap of $1.74M.

See methodology.

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