2023
Exports
$458MWorld Rnk 22 / 225
Flag Rnk 6 / 1091
2023
PRODUCT COMPLEXITY IN Knit T-shirts
-1.53Rnk 948 / 1025
2023
Imports
$42.5MWorld Rnk 76 / 225
Flag Rnk 152 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $458M in Knit T-shirts, making it the 22nd largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 6th most exported product in Guatemala. The main destination of Knit T-shirts exports from Guatemala are: United States ($396M), Mexico ($14.2M), Canada ($13.4M), El Salvador ($3.14M), and United Kingdom ($3.05M).

The fastest growing export markets for Knit T-shirts of Guatemala between 2022 and 2023 were China ($2.07M), Netherlands ($530k), and Costa Rica ($510k).

Imports In 2023, Guatemala imported $42.5M in Knit T-shirts, becoming the 76th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 152nd most imported product in Guatemala. Guatemala imports Knit T-shirts primarily from: Honduras ($12.3M), China ($7.08M), United States ($4.27M), Bangladesh ($3.02M), and Mexico ($2.53M).

The fastest growing import markets in Knit T-shirts for Guatemala between 2022 and 2023 were United States ($1.86M), Colombia ($584k), and Mexico ($568k).

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 Knit T-shirts. 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)$458M
IMPORTS (2023)$42.5M
NET TRADE (2023)$415M

In 2023, Guatemala exported $458M in Knit T-shirts. The main destinations of Guatemala exports on Knit T-shirts were United States ($396M), Mexico ($14.2M), Canada ($13.4M), El Salvador ($3.14M), and United Kingdom ($3.05M).

In 2023, Guatemala imported $42.5M in Knit T-shirts, mainly from Honduras ($12.3M), China ($7.08M), United States ($4.27M), Bangladesh ($3.02M), and Mexico ($2.53M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
China$2.07M (218%)
Netherlands$530k (50.5%)
Costa Rica$510k (51.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Guatemala WERE (2022 - 2023):
United States-$68.8M (-14.8%)
Nicaragua-$7.88M (-76.6%)
Mexico-$5.7M (-28.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Guatemala's main exporting competitors in Knit T-shirts were:
China $8.58B
Turkey $2.98B
In 2023, Guatemala's main importing competitors in Knit T-shirts were:

Explore Visualizations

Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $55.7M
TOP IMPORT POTENTIALHonduras+ $10.3M

Knit T-shirts’s highest export potential is United States. With an export gap of $55.7M.   Knit T-shirts’s highest import potential is Honduras with an import gap of $10.3M.

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