2022
Exports
$49.5MWorld Rnk 59 / 208
Flag Rnk 68 / 1099
2022
PRODUCT COMPLEXITY IN Iron Structures
0.5Rnk 363 / 1025
2022
Imports
$84MWorld Rnk 91 / 224
Flag Rnk 71 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $49.5M in Iron Structures, making it the 59th largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 68th most exported product in Guatemala. The main destination of Iron Structures exports from Guatemala are: El Salvador ($23.7M), Honduras ($7.83M), Nicaragua ($7.82M), Costa Rica ($5.56M), and Panama ($2.71M).

The fastest growing export markets for Iron Structures of Guatemala between 2021 and 2022 were El Salvador ($9.52M), Honduras ($5.52M), and Costa Rica ($2.53M).

Imports In 2022, Guatemala imported $84M in Iron Structures, becoming the 91st largest importer of Iron Structures in the world. At the same year, Iron Structures was the 71st most imported product in Guatemala. Guatemala imports Iron Structures primarily from: China ($19.2M), Honduras ($18.5M), El Salvador ($17.9M), Mexico ($7.27M), and Spain ($4.55M).

The fastest growing import markets in Iron Structures for Guatemala between 2021 and 2022 were China ($9.94M), El Salvador ($4.52M), and Mexico ($1.96M).

Latest Trends

Oct 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 Iron Structures. 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)$49.5M
IMPORTS (2022)$84M
NET TRADE (2022)-$34.5M

In 2022, Guatemala exported $49.5M in Iron Structures. The main destinations of Guatemala exports on Iron Structures were El Salvador ($23.7M), Honduras ($7.83M), Nicaragua ($7.82M), Costa Rica ($5.56M), and Panama ($2.71M).

In 2022, Guatemala imported $84M in Iron Structures, mainly from China ($19.2M), Honduras ($18.5M), El Salvador ($17.9M), Mexico ($7.27M), and Spain ($4.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$9.52M (67.1%)
Honduras$5.52M (239%)
Costa Rica$2.53M (83.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY Guatemala WERE (2021 - 2022):
Mexico-$586k (-77.5%)
Chile-$496k (-100%)
Bolivia-$466k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Iron Structures were:
China $18.3B
Germany $5.23B
Poland $3.63B
In 2022, Guatemala's main importing competitors in Iron Structures were:

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Trade Value of Iron Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPanama+ $954k
TOP IMPORT POTENTIALChina+ $9.43M

Iron Structures’s highest export potential is Panama. With an export gap of $954k.   Iron Structures’s highest import potential is China with an import gap of $9.43M.

See methodology.

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