2023
Exports
$1.55MWorld Rnk 72 / 208
Flag Rnk 370 / 1091
2023
PRODUCT COMPLEXITY IN Iron Housewares
-0.77Rnk 774 / 1025
2023
Imports
$27MWorld Rnk 71 / 224
Flag Rnk 215 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $1.55M in Iron Housewares, making it the 72nd largest exporter of Iron Housewares in the world. At the same year, Iron Housewares was the 370th most exported product in Guatemala. The main destination of Iron Housewares exports from Guatemala are: Honduras ($956k), El Salvador ($249k), United States ($116k), Nicaragua ($76.2k), and Panama ($76k).

The fastest growing export markets for Iron Housewares of Guatemala between 2022 and 2023 were United States ($22.8k), Belize ($5.81k), and Ecuador ($2.56k).

Imports In 2023, Guatemala imported $27M in Iron Housewares, becoming the 71st largest importer of Iron Housewares in the world. At the same year, Iron Housewares was the 215th most imported product in Guatemala. Guatemala imports Iron Housewares primarily from: China ($17.7M), Mexico ($3.38M), United States ($2.35M), India ($1.47M), and Romania ($426k).

The fastest growing import markets in Iron Housewares for Guatemala between 2022 and 2023 were China ($1.33M), Romania ($424k), and Cambodia ($43.7k).

Latest Trends

Jan 2025

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 Iron Housewares. 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 (2023)$1.55M
IMPORTS (2023)$27M
NET TRADE (2023)-$25.4M

In 2023, Guatemala exported $1.55M in Iron Housewares. The main destinations of Guatemala exports on Iron Housewares were Honduras ($956k), El Salvador ($249k), United States ($116k), Nicaragua ($76.2k), and Panama ($76k).

In 2023, Guatemala imported $27M in Iron Housewares, mainly from China ($17.7M), Mexico ($3.38M), United States ($2.35M), India ($1.47M), and Romania ($426k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Housewares EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
United States$22.8k (24.5%)
Belize$5.81k (118%)
Ecuador$2.56k (215%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Housewares BY Guatemala WERE (2022 - 2023):
Honduras-$571k (-37.4%)
El Salvador-$329k (-56.9%)
Nicaragua-$304k (-79.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Iron Housewares were:
China $9.72B
India $649M
In 2023, Guatemala's main importing competitors in Iron Housewares were:

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Trade Value of Iron Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $413k
TOP IMPORT POTENTIALChina+ $3M

Iron Housewares’s highest export potential is Mexico. With an export gap of $413k.   Iron Housewares’s highest import potential is China with an import gap of $3M.

See methodology.

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