2022
Exports
$26kWorld Rnk 101 / 198
Flag Rnk 877 / 1099
2022
PRODUCT COMPLEXITY IN Electrical Resistors
0.88Rnk 215 / 1025
2022
Imports
$1.07MWorld Rnk 90 / 214
Flag Rnk 762 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $26k in Electrical Resistors, making it the 101st largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 877th most exported product in Guatemala. The main destination of Electrical Resistors exports from Guatemala are: Nicaragua ($10.2k), El Salvador ($7.34k), Honduras ($5k), Costa Rica ($1.38k), and Panama ($1.07k).

The fastest growing export markets for Electrical Resistors of Guatemala between 2021 and 2022 were El Salvador ($5.62k), Panama ($699), and Colombia ($388).

Imports In 2022, Guatemala imported $1.07M in Electrical Resistors, becoming the 90th largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 762nd most imported product in Guatemala. Guatemala imports Electrical Resistors primarily from: United States ($298k), Brazil ($242k), China ($143k), Italy ($80.4k), and Germany ($75.8k).

The fastest growing import markets in Electrical Resistors for Guatemala between 2021 and 2022 were China ($89.1k), Germany ($46.2k), and Argentina ($19.8k).

Latest Trends

Aug 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 Electrical Resistors. 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)$26k
IMPORTS (2022)$1.07M
NET TRADE (2022)-$1.04M

In 2022, Guatemala exported $26k in Electrical Resistors. The main destinations of Guatemala exports on Electrical Resistors were Nicaragua ($10.2k), El Salvador ($7.34k), Honduras ($5k), Costa Rica ($1.38k), and Panama ($1.07k).

In 2022, Guatemala imported $1.07M in Electrical Resistors, mainly from United States ($298k), Brazil ($242k), China ($143k), Italy ($80.4k), and Germany ($75.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$5.62k (326%)
Panama$699 (187%)
Colombia$388 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY Guatemala WERE (2021 - 2022):
Honduras-$8.33k (-62.5%)
Dominican Republic-$3.7k (-100%)
Nicaragua-$2.24k (-18%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Electrical Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, Guatemala's main importing competitors in Electrical Resistors were:

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Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $2.31k
TOP IMPORT POTENTIALChina+ $189k

Electrical Resistors’s highest export potential is Mexico. With an export gap of $2.31k.   Electrical Resistors’s highest import potential is China with an import gap of $189k.

See methodology.

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