2023
Exports
$504kWorld Rnk 108 / 216
Flag Rnk 505 / 1091
2023
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.94Rnk 195 / 1025
2023
Imports
$15.7MWorld Rnk 91 / 224
Flag Rnk 306 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $504k in Electrical Power Accessories, making it the 108th largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 505th most exported product in Guatemala. The main destination of Electrical Power Accessories exports from Guatemala are: El Salvador ($197k), Peru ($130k), Honduras ($110k), Belize ($20.5k), and United States ($19.6k).

The fastest growing export markets for Electrical Power Accessories of Guatemala between 2022 and 2023 were Peru ($130k), El Salvador ($20.3k), and Belize ($19.3k).

Imports In 2023, Guatemala imported $15.7M in Electrical Power Accessories, becoming the 91st largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 306th most imported product in Guatemala. Guatemala imports Electrical Power Accessories primarily from: China ($5.79M), United States ($2.79M), Mexico ($1.91M), Brazil ($1.5M), and Germany ($626k).

The fastest growing import markets in Electrical Power Accessories for Guatemala between 2022 and 2023 were Mexico ($1.04M), United States ($744k), and China ($388k).

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 Electrical Power Accessories. 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)$504k
IMPORTS (2023)$15.7M
NET TRADE (2023)-$15.2M

In 2023, Guatemala exported $504k in Electrical Power Accessories. The main destinations of Guatemala exports on Electrical Power Accessories were El Salvador ($197k), Peru ($130k), Honduras ($110k), Belize ($20.5k), and United States ($19.6k).

In 2023, Guatemala imported $15.7M in Electrical Power Accessories, mainly from China ($5.79M), United States ($2.79M), Mexico ($1.91M), Brazil ($1.5M), and Germany ($626k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Peru$130k (1%)
El Salvador$20.3k (11.5%)
Belize$19.3k (1.65k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Guatemala WERE (2022 - 2023):
United States-$226k (-92%)
Honduras-$152k (-57.9%)
Nicaragua-$43.1k (-87.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Electrical Power Accessories were:
In 2023, Guatemala's main importing competitors in Electrical Power Accessories were:

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $496k
TOP IMPORT POTENTIALChina+ $2.12M

Electrical Power Accessories’s highest export potential is United States. With an export gap of $496k.   Electrical Power Accessories’s highest import potential is China with an import gap of $2.12M.

See methodology.

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