2022
Exports
$662kWorld Rnk 52 / 194
Flag Rnk 496 / 1099
2022
PRODUCT COMPLEXITY IN Cutlery Sets
-0.066Rnk 570 / 1025
2022
Imports
$6.31MWorld Rnk 74 / 218
Flag Rnk 466 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $662k in Cutlery Sets, making it the 52nd largest exporter of Cutlery Sets in the world. At the same year, Cutlery Sets was the 496th most exported product in Guatemala. The main destination of Cutlery Sets exports from Guatemala are: Nicaragua ($208k), Honduras ($199k), El Salvador ($186k), Panama ($53.1k), and United Kingdom ($6.46k).

The fastest growing export markets for Cutlery Sets of Guatemala between 2021 and 2022 were Nicaragua ($150k), El Salvador ($109k), and Honduras ($101k).

Imports In 2022, Guatemala imported $6.31M in Cutlery Sets, becoming the 74th largest importer of Cutlery Sets in the world. At the same year, Cutlery Sets was the 466th most imported product in Guatemala. Guatemala imports Cutlery Sets primarily from: China ($4.58M), Brazil ($705k), United States ($250k), Mexico ($128k), and India ($127k).

The fastest growing import markets in Cutlery Sets for Guatemala between 2021 and 2022 were Brazil ($493k), Mexico ($92.3k), and China ($82.7k).

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 Cutlery Sets. 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)$662k
IMPORTS (2022)$6.31M
NET TRADE (2022)-$5.64M

In 2022, Guatemala exported $662k in Cutlery Sets. The main destinations of Guatemala exports on Cutlery Sets were Nicaragua ($208k), Honduras ($199k), El Salvador ($186k), Panama ($53.1k), and United Kingdom ($6.46k).

In 2022, Guatemala imported $6.31M in Cutlery Sets, mainly from China ($4.58M), Brazil ($705k), United States ($250k), Mexico ($128k), and India ($127k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutlery Sets EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Nicaragua$150k (260%)
El Salvador$109k (143%)
Honduras$101k (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutlery Sets BY Guatemala WERE (2021 - 2022):
Costa Rica-$54.5k (-99.6%)
Germany-$2.14k (-100%)
Paraguay-$1.23k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cutlery Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $14.7k
TOP IMPORT POTENTIALChina+ $260k

Cutlery Sets’s highest export potential is United Kingdom. With an export gap of $14.7k.   Cutlery Sets’s highest import potential is China with an import gap of $260k.

See methodology.

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