2022
Exports
$1.36MWorld Rnk 68 / 190
Flag Rnk 392 / 1099
2022
PRODUCT COMPLEXITY IN High-voltage Protection Equipment
0.71Rnk 272 / 1025
2022
Imports
$12.1MWorld Rnk 86 / 218
Flag Rnk 331 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.36M in High-voltage Protection Equipment, making it the 68th largest exporter of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 392nd most exported product in Guatemala. The main destination of High-voltage Protection Equipment exports from Guatemala are: El Salvador ($1.15M), Panama ($67.6k), Honduras ($60.3k), Nicaragua ($24k), and Trinidad and Tobago ($20.7k).

The fastest growing export markets for High-voltage Protection Equipment of Guatemala between 2021 and 2022 were El Salvador ($1.06M), Panama ($63.7k), and Trinidad and Tobago ($20.7k).

Imports In 2022, Guatemala imported $12.1M in High-voltage Protection Equipment, becoming the 86th largest importer of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 331st most imported product in Guatemala. Guatemala imports High-voltage Protection Equipment primarily from: United States ($2.87M), Mexico ($2.48M), China ($1.29M), India ($1.29M), and Brazil ($1.16M).

The fastest growing import markets in High-voltage Protection Equipment for Guatemala between 2021 and 2022 were Mexico ($1.36M), United States ($609k), and China ($527k).

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 High-voltage Protection Equipment. 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)$1.36M
IMPORTS (2022)$12.1M
NET TRADE (2022)-$10.7M

In 2022, Guatemala exported $1.36M in High-voltage Protection Equipment. The main destinations of Guatemala exports on High-voltage Protection Equipment were El Salvador ($1.15M), Panama ($67.6k), Honduras ($60.3k), Nicaragua ($24k), and Trinidad and Tobago ($20.7k).

In 2022, Guatemala imported $12.1M in High-voltage Protection Equipment, mainly from United States ($2.87M), Mexico ($2.48M), China ($1.29M), India ($1.29M), and Brazil ($1.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING High-voltage Protection Equipment EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$1.06M (1.27k%)
Panama$63.7k (1.62k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF High-voltage Protection Equipment BY Guatemala WERE (2021 - 2022):
Dominican Republic-$71.3k (-94.5%)
Honduras-$23.1k (-27.7%)
Nicaragua-$16k (-40.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in High-voltage Protection Equipment were:
In 2022, Guatemala's main importing competitors in High-voltage Protection Equipment were:

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Trade Value of High-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $70.1k
TOP IMPORT POTENTIALMexico+ $1.98M

High-voltage Protection Equipment’s highest export potential is United States. With an export gap of $70.1k.   High-voltage Protection Equipment’s highest import potential is Mexico with an import gap of $1.98M.

See methodology.

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