2022
Exports
$80.5MWorld Rnk 43 / 215
Flag Rnk 43 / 1099
2022
PRODUCT COMPLEXITY IN Knit Women's Suits
-1.27Rnk 900 / 1025
2022
Imports
$29MWorld Rnk 86 / 220
Flag Rnk 195 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $80.5M in Knit Women's Suits, making it the 43rd largest exporter of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 43rd most exported product in Guatemala. The main destination of Knit Women's Suits exports from Guatemala are: United States ($73.6M), El Salvador ($2.32M), Honduras ($1.17M), Mexico ($586k), and Canada ($492k).

The fastest growing export markets for Knit Women's Suits of Guatemala between 2021 and 2022 were United States ($16.4M), El Salvador ($569k), and Mexico ($434k).

Imports In 2022, Guatemala imported $29M in Knit Women's Suits, becoming the 86th largest importer of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 195th most imported product in Guatemala. Guatemala imports Knit Women's Suits primarily from: China ($14.6M), Mexico ($4.64M), United States ($1.47M), Bangladesh ($1.02M), and Honduras ($945k).

The fastest growing import markets in Knit Women's Suits for Guatemala between 2021 and 2022 were Mexico ($4.01M), China ($2.29M), and Bangladesh ($788k).

COMPANIES In 2023, leading companies such as Adidas (1) were at the forefront of shipping Knit Women's Suits from Guatemala to the United States.

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 Knit Women's Suits. 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)$80.5M
IMPORTS (2022)$29M
NET TRADE (2022)$51.5M

In 2022, Guatemala exported $80.5M in Knit Women's Suits. The main destinations of Guatemala exports on Knit Women's Suits were United States ($73.6M), El Salvador ($2.32M), Honduras ($1.17M), Mexico ($586k), and Canada ($492k).

In 2022, Guatemala imported $29M in Knit Women's Suits, mainly from China ($14.6M), Mexico ($4.64M), United States ($1.47M), Bangladesh ($1.02M), and Honduras ($945k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Suits EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$16.4M (28.6%)
El Salvador$569k (32.5%)
Mexico$434k (288%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Suits BY Guatemala WERE (2021 - 2022):
Honduras-$389k (-25%)
Costa Rica-$137k (-82.9%)
Netherlands-$107k (-63.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Knit Women's Suits were:
In 2022, Guatemala's main importing competitors in Knit Women's Suits were:

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Trade Value of Knit Women's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $28.8M
TOP IMPORT POTENTIALChina+ $3.79M

Knit Women's Suits’s highest export potential is United States. With an export gap of $28.8M.   Knit Women's Suits’s highest import potential is China with an import gap of $3.79M.

See methodology.

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