2022
Exports
$434kWorld Rnk 53 / 110
Flag Rnk 555 / 1099
2022
PRODUCT COMPLEXITY IN Hormones
0.61Rnk 317 / 1025
2022
Imports
$8.34MWorld Rnk 53 / 188
Flag Rnk 412 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $434k in Hormones, making it the 53rd largest exporter of Hormones in the world. At the same year, Hormones was the 555th most exported product in Guatemala. The main destination of Hormones exports from Guatemala are: El Salvador ($148k), Costa Rica ($82.6k), Dominican Republic ($67.5k), Honduras ($62.5k), and Barbados ($42.5k).

The fastest growing export markets for Hormones of Guatemala between 2021 and 2022 were El Salvador ($79.2k), Barbados ($42.5k), and France ($26.8k).

Imports In 2022, Guatemala imported $8.34M in Hormones, becoming the 53rd largest importer of Hormones in the world. At the same year, Hormones was the 412th most imported product in Guatemala. Guatemala imports Hormones primarily from: India ($2.88M), China ($1.81M), Switzerland ($1.07M), Malaysia ($653k), and United States ($625k).

The fastest growing import markets in Hormones for Guatemala between 2021 and 2022 were India ($2.03M), Switzerland ($762k), and China ($708k).

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 Hormones. 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)$434k
IMPORTS (2022)$8.34M
NET TRADE (2022)-$7.9M

In 2022, Guatemala exported $434k in Hormones. The main destinations of Guatemala exports on Hormones were El Salvador ($148k), Costa Rica ($82.6k), Dominican Republic ($67.5k), Honduras ($62.5k), and Barbados ($42.5k).

In 2022, Guatemala imported $8.34M in Hormones, mainly from India ($2.88M), China ($1.81M), Switzerland ($1.07M), Malaysia ($653k), and United States ($625k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$79.2k (116%)
Barbados$42.5k (1%)
France$26.8k (670%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY Guatemala WERE (2021 - 2022):
Dominican Republic-$12.7k (-15.9%)
Costa Rica-$12.6k (-13.2%)
Honduras-$8.65k (-12.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $64.5k
TOP IMPORT POTENTIALUnited States+ $637k

Hormones’s highest export potential is France. With an export gap of $64.5k.   Hormones’s highest import potential is United States with an import gap of $637k.

See methodology.

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