2022
Exports
$260kWorld Rnk 75 / 158
Flag Rnk 632 / 1099
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$8.42MWorld Rnk 76 / 213
Flag Rnk 410 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $260k in Industrial Furnaces, making it the 75th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 632nd most exported product in Guatemala. The main destination of Industrial Furnaces exports from Guatemala are: El Salvador ($136k), Costa Rica ($69.6k), Honduras ($45.8k), Dominican Republic ($7.91k), and Belize ($978).

The fastest growing export markets for Industrial Furnaces of Guatemala between 2021 and 2022 were El Salvador ($102k), Costa Rica ($69.6k), and Honduras ($25.7k).

Imports In 2022, Guatemala imported $8.42M in Industrial Furnaces, becoming the 76th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 410th most imported product in Guatemala. Guatemala imports Industrial Furnaces primarily from: United States ($3.13M), United Kingdom ($1.49M), Italy ($1.28M), China ($678k), and Mexico ($464k).

The fastest growing import markets in Industrial Furnaces for Guatemala between 2021 and 2022 were United States ($903k), United Kingdom ($826k), and Australia ($169k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Industrial Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$260k
IMPORTS (2022)$8.42M
NET TRADE (2022)-$8.16M

In 2022, Guatemala exported $260k in Industrial Furnaces. The main destinations of Guatemala exports on Industrial Furnaces were El Salvador ($136k), Costa Rica ($69.6k), Honduras ($45.8k), Dominican Republic ($7.91k), and Belize ($978).

In 2022, Guatemala imported $8.42M in Industrial Furnaces, mainly from United States ($3.13M), United Kingdom ($1.49M), Italy ($1.28M), China ($678k), and Mexico ($464k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$102k (300%)
Costa Rica$69.6k (99.4k%)
Honduras$25.7k (128%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Guatemala WERE (2021 - 2022):
Panama-$2.75k (-100%)
Belize-$1.45k (-59.8%)
Grenada-$298 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Guatemala's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, Guatemala's main importing competitors in Industrial Furnaces were:

Explore Visualizations

Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHonduras+ $9.51k
TOP IMPORT POTENTIALChina+ $621k

Industrial Furnaces’s highest export potential is Honduras. With an export gap of $9.51k.   Industrial Furnaces’s highest import potential is China with an import gap of $621k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with