2022
Exports
$1.92MWorld Rnk 42 / 182
Flag Rnk 348 / 1099
2022
PRODUCT COMPLEXITY IN Letter Stock
0.28Rnk 459 / 1025
2022
Imports
$1.73MWorld Rnk 62 / 221
Flag Rnk 706 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.92M in Letter Stock, making it the 42nd largest exporter of Letter Stock in the world. At the same year, Letter Stock was the 348th most exported product in Guatemala. The main destination of Letter Stock exports from Guatemala are: El Salvador ($645k), Honduras ($375k), Nicaragua ($282k), Dominican Republic ($212k), and Panama ($160k).

The fastest growing export markets for Letter Stock of Guatemala between 2021 and 2022 were Dominican Republic ($210k), El Salvador ($190k), and Panama ($75.2k).

Imports In 2022, Guatemala imported $1.73M in Letter Stock, becoming the 62nd largest importer of Letter Stock in the world. At the same year, Letter Stock was the 706th most imported product in Guatemala. Guatemala imports Letter Stock primarily from: China ($777k), United States ($611k), El Salvador ($167k), Mexico ($39.1k), and India ($34.1k).

The fastest growing import markets in Letter Stock for Guatemala between 2021 and 2022 were China ($472k), El Salvador ($68.7k), and United States ($61.5k).

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 Letter Stock. 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)$1.92M
IMPORTS (2022)$1.73M
NET TRADE (2022)$186k

In 2022, Guatemala exported $1.92M in Letter Stock. The main destinations of Guatemala exports on Letter Stock were El Salvador ($645k), Honduras ($375k), Nicaragua ($282k), Dominican Republic ($212k), and Panama ($160k).

In 2022, Guatemala imported $1.73M in Letter Stock, mainly from China ($777k), United States ($611k), El Salvador ($167k), Mexico ($39.1k), and India ($34.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Letter Stock EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Dominican Republic$210k (10.5k%)
El Salvador$190k (41.7%)
Panama$75.2k (88.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Letter Stock BY Guatemala WERE (2021 - 2022):
Haiti-$10k (-100%)
Canada-$77 (-58.8%)
Netherlands-$28 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Letter Stock were:
In 2022, Guatemala's main importing competitors in Letter Stock were:

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Trade Value of Letter Stock by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $160k
TOP IMPORT POTENTIALMexico+ $113k

Letter Stock’s highest export potential is United States. With an export gap of $160k.   Letter Stock’s highest import potential is Mexico with an import gap of $113k.

See methodology.

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