2022
Exports
$18.6kWorld Rnk 173 / 192
Flag Rnk 900 / 1099
2022
PRODUCT COMPLEXITY IN Gas Turbines
0.71Rnk 270 / 1025
2022
Imports
$2.13MWorld Rnk 137 / 207
Flag Rnk 670 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $18.6k in Gas Turbines, making it the 173rd largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 900th most exported product in Guatemala. The main destination of Gas Turbines exports from Guatemala are: United Kingdom ($11.7k), Honduras ($3.6k), United States ($2.74k), Canada ($500), and El Salvador ($72).

The fastest growing export markets for Gas Turbines of Guatemala between 2021 and 2022 were United Kingdom ($11.7k).

Imports In 2022, Guatemala imported $2.13M in Gas Turbines, becoming the 137th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 670th most imported product in Guatemala. Guatemala imports Gas Turbines primarily from: United States ($921k), Canada ($604k), Brazil ($250k), United Kingdom ($217k), and Portugal ($56.7k).

The fastest growing import markets in Gas Turbines for Guatemala between 2021 and 2022 were Canada ($563k), United Kingdom ($201k), and Portugal ($56.7k).

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 Gas Turbines. 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)$18.6k
IMPORTS (2022)$2.13M
NET TRADE (2022)-$2.12M

In 2022, Guatemala exported $18.6k in Gas Turbines. The main destinations of Guatemala exports on Gas Turbines were United Kingdom ($11.7k), Honduras ($3.6k), United States ($2.74k), Canada ($500), and El Salvador ($72).

In 2022, Guatemala imported $2.13M in Gas Turbines, mainly from United States ($921k), Canada ($604k), Brazil ($250k), United Kingdom ($217k), and Portugal ($56.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):United Kingdom$11.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Guatemala WERE (2021 - 2022):
Dominican Republic-$403k (-100%)
Belize-$199k (-100%)
Canada-$170k (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Gas Turbines were:
In 2022, Guatemala's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $23.9k
TOP IMPORT POTENTIALUnited States+ $1.2M

Gas Turbines’s highest export potential is United Kingdom. With an export gap of $23.9k.   Gas Turbines’s highest import potential is United States with an import gap of $1.2M.

See methodology.

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