2022
Exports
$806kWorld Rnk 53 / 109
Flag Rnk 473 / 1099
2022
PRODUCT COMPLEXITY IN Flat-Rolled Iron
1.12Rnk 129 / 1025
2022
Imports
$19.9MWorld Rnk 40 / 182
Flag Rnk 261 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $806k in Flat-Rolled Iron, making it the 53rd largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 473rd most exported product in Guatemala. The main destination of Flat-Rolled Iron exports from Guatemala are: El Salvador ($603k), Belize ($153k), China ($20.6k), Costa Rica ($17.1k), and Belgium ($11.9k).

The fastest growing export markets for Flat-Rolled Iron of Guatemala between 2021 and 2022 were El Salvador ($436k), Belize ($22.8k), and Belgium ($11.9k).

Imports In 2022, Guatemala imported $19.9M in Flat-Rolled Iron, becoming the 40th largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 261st most imported product in Guatemala. Guatemala imports Flat-Rolled Iron primarily from: China ($8.89M), El Salvador ($5.45M), South Korea ($4.71M), United States ($280k), and Chinese Taipei ($181k).

The fastest growing import markets in Flat-Rolled Iron for Guatemala between 2021 and 2022 were China ($5.74M), South Korea ($3.16M), and El Salvador ($644k).

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 Flat-Rolled Iron. 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)$806k
IMPORTS (2022)$19.9M
NET TRADE (2022)-$19.1M

In 2022, Guatemala exported $806k in Flat-Rolled Iron. The main destinations of Guatemala exports on Flat-Rolled Iron were El Salvador ($603k), Belize ($153k), China ($20.6k), Costa Rica ($17.1k), and Belgium ($11.9k).

In 2022, Guatemala imported $19.9M in Flat-Rolled Iron, mainly from China ($8.89M), El Salvador ($5.45M), South Korea ($4.71M), United States ($280k), and Chinese Taipei ($181k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Iron EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$436k (262%)
Belize$22.8k (17.5%)
Belgium$11.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Iron BY Guatemala WERE (2021 - 2022):
Nicaragua-$3k (-99.2%)
Honduras-$87 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Flat-Rolled Iron were:
In 2022, Guatemala's main importing competitors in Flat-Rolled Iron were:

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Trade Value of Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $51.3k
TOP IMPORT POTENTIALUnited States+ $213k

Flat-Rolled Iron’s highest export potential is China. With an export gap of $51.3k.   Flat-Rolled Iron’s highest import potential is United States with an import gap of $213k.

See methodology.

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