2022
Exports
$83kWorld Rnk 61 / 101
Flag Rnk 768 / 1099
2022
PRODUCT COMPLEXITY IN Carbides
-0.24Rnk 626 / 1025
2022
Imports
$2.08MWorld Rnk 61 / 175
Flag Rnk 673 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $83k in Carbides, making it the 61st largest exporter of Carbides in the world. At the same year, Carbides was the 768th most exported product in Guatemala. The main destination of Carbides exports from Guatemala are: Honduras ($46.8k), Panama ($32.1k), and Nicaragua ($4.2k).

The fastest growing export markets for Carbides of Guatemala between 2021 and 2022 were Honduras ($30k), Panama ($7.36k), and Nicaragua ($3.55k).

Imports In 2022, Guatemala imported $2.08M in Carbides, becoming the 61st largest importer of Carbides in the world. At the same year, Carbides was the 673rd most imported product in Guatemala. Guatemala imports Carbides primarily from: Mexico ($1.4M), China ($470k), Brazil ($203k), United States ($1.2k), and Nicaragua ($1.07k).

The fastest growing import markets in Carbides for Guatemala between 2021 and 2022 were Mexico ($507k), China ($234k), and United States ($1.09k).

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 Carbides. 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)$83k
IMPORTS (2022)$2.08M
NET TRADE (2022)-$1.99M

In 2022, Guatemala exported $83k in Carbides. The main destinations of Guatemala exports on Carbides were Honduras ($46.8k), Panama ($32.1k), and Nicaragua ($4.2k).

In 2022, Guatemala imported $2.08M in Carbides, mainly from Mexico ($1.4M), China ($470k), Brazil ($203k), United States ($1.2k), and Nicaragua ($1.07k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbides EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$30k (180%)
Panama$7.36k (29.8%)
Nicaragua$3.55k (544%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbides BY Guatemala WERE (2021 - 2022):
Mexico-$41.9k (-100%)
Dominican Republic-$335 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Carbides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.39k
TOP IMPORT POTENTIALChina+ $288k

Carbides’s highest export potential is United States. With an export gap of $1.39k.   Carbides’s highest import potential is China with an import gap of $288k.

See methodology.

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