2022
Exports
$414kWorld Rnk 64 / 182
Flag Rnk 559 / 1099
2022
PRODUCT COMPLEXITY IN Cutting Blades
1.38Rnk 76 / 1025
2022
Imports
$8.02MWorld Rnk 62 / 219
Flag Rnk 421 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $414k in Cutting Blades, making it the 64th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 559th most exported product in Guatemala. The main destination of Cutting Blades exports from Guatemala are: Honduras ($217k), Belize ($74.9k), El Salvador ($47k), Nicaragua ($20.6k), and Costa Rica ($16.3k).

The fastest growing export markets for Cutting Blades of Guatemala between 2021 and 2022 were Honduras ($120k), Canada ($13.8k), and Costa Rica ($12.8k).

Imports In 2022, Guatemala imported $8.02M in Cutting Blades, becoming the 62nd largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 421st most imported product in Guatemala. Guatemala imports Cutting Blades primarily from: Colombia ($1.47M), United States ($1.37M), China ($826k), Australia ($680k), and Mexico ($680k).

The fastest growing import markets in Cutting Blades for Guatemala between 2021 and 2022 were China ($267k), Argentina ($245k), and Colombia ($224k).

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 Cutting Blades. 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)$414k
IMPORTS (2022)$8.02M
NET TRADE (2022)-$7.6M

In 2022, Guatemala exported $414k in Cutting Blades. The main destinations of Guatemala exports on Cutting Blades were Honduras ($217k), Belize ($74.9k), El Salvador ($47k), Nicaragua ($20.6k), and Costa Rica ($16.3k).

In 2022, Guatemala imported $8.02M in Cutting Blades, mainly from Colombia ($1.47M), United States ($1.37M), China ($826k), Australia ($680k), and Mexico ($680k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$120k (124%)
Canada$13.8k (1%)
Costa Rica$12.8k (364%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Guatemala WERE (2021 - 2022):
Belize-$47k (-38.6%)
Ecuador-$27.6k (-97.2%)
El Salvador-$10.6k (-18.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCanada+ $24k
TOP IMPORT POTENTIALChina+ $447k

Cutting Blades’s highest export potential is Canada. With an export gap of $24k.   Cutting Blades’s highest import potential is China with an import gap of $447k.

See methodology.

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