2023
Exports
$232kWorld Rnk 115 / 212
Flag Rnk 627 / 1091
2023
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.77Rnk 16 / 1025
2023
Imports
$15.1MWorld Rnk 84 / 223
Flag Rnk 310 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $232k in Interchangeable Tool Parts, making it the 115th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 627th most exported product in Guatemala. The main destination of Interchangeable Tool Parts exports from Guatemala are: Honduras ($81.2k), El Salvador ($34.1k), Nicaragua ($20.9k), Venezuela ($20k), and United States ($18.8k).

The fastest growing export markets for Interchangeable Tool Parts of Guatemala between 2022 and 2023 were Venezuela ($18.5k), Colombia ($13.4k), and Guyana ($8.99k).

Imports In 2023, Guatemala imported $15.1M in Interchangeable Tool Parts, becoming the 84th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 310th most imported product in Guatemala. Guatemala imports Interchangeable Tool Parts primarily from: China ($5.89M), United States ($2.88M), Spain ($1.8M), Mexico ($1.68M), and Germany ($831k).

The fastest growing import markets in Interchangeable Tool Parts for Guatemala between 2022 and 2023 were Mexico ($1.54M), United States ($475k), and China ($418k).

Latest Trends

Jan 2025

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 Interchangeable Tool Parts. 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 (2023)$232k
IMPORTS (2023)$15.1M
NET TRADE (2023)-$14.9M

In 2023, Guatemala exported $232k in Interchangeable Tool Parts. The main destinations of Guatemala exports on Interchangeable Tool Parts were Honduras ($81.2k), El Salvador ($34.1k), Nicaragua ($20.9k), Venezuela ($20k), and United States ($18.8k).

In 2023, Guatemala imported $15.1M in Interchangeable Tool Parts, mainly from China ($5.89M), United States ($2.88M), Spain ($1.8M), Mexico ($1.68M), and Germany ($831k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Venezuela$18.5k (1.25k%)
Colombia$13.4k (384%)
Guyana$8.99k (350%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Guatemala WERE (2022 - 2023):
El Salvador-$70.8k (-67.5%)
Mexico-$56.4k (-94.5%)
Ecuador-$11.1k (-64.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Guatemala's main exporting competitors in Interchangeable Tool Parts were:
In 2023, Guatemala's main importing competitors in Interchangeable Tool Parts were:

Explore Visualizations

Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $153k
TOP IMPORT POTENTIALChina+ $1.68M

Interchangeable Tool Parts’s highest export potential is Mexico. With an export gap of $153k.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $1.68M.

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