2022
Exports
$19.3kWorld Rnk 94 / 144
Flag Rnk 898 / 1099
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces
1.17Rnk 112 / 1025
2022
Imports
$917kWorld Rnk 112 / 209
Flag Rnk 779 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $19.3k in Liquid Fuel Furnaces, making it the 94th largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 898th most exported product in Guatemala. The main destination of Liquid Fuel Furnaces exports from Guatemala are: Nicaragua ($10.1k), Honduras ($4.75k), United States ($2.27k), El Salvador ($2.03k), and Belize ($139).

The fastest growing export markets for Liquid Fuel Furnaces of Guatemala between 2021 and 2022 were Honduras ($3.62k), United States ($2.24k), and El Salvador ($1.05k).

Imports In 2022, Guatemala imported $917k in Liquid Fuel Furnaces, becoming the 112th largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 779th most imported product in Guatemala. Guatemala imports Liquid Fuel Furnaces primarily from: United States ($309k), Mexico ($160k), China ($102k), France ($93k), and Germany ($88.6k).

The fastest growing import markets in Liquid Fuel Furnaces for Guatemala between 2021 and 2022 were Mexico ($96k), China ($78k), and Germany ($30k).

Latest Trends

Jul 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 Liquid Fuel Furnaces. 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)$19.3k
IMPORTS (2022)$917k
NET TRADE (2022)-$898k

In 2022, Guatemala exported $19.3k in Liquid Fuel Furnaces. The main destinations of Guatemala exports on Liquid Fuel Furnaces were Nicaragua ($10.1k), Honduras ($4.75k), United States ($2.27k), El Salvador ($2.03k), and Belize ($139).

In 2022, Guatemala imported $917k in Liquid Fuel Furnaces, mainly from United States ($309k), Mexico ($160k), China ($102k), France ($93k), and Germany ($88.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$3.62k (321%)
United States$2.24k (8.96k%)
El Salvador$1.05k (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY Guatemala WERE (2021 - 2022):
Dominican Republic-$8.9k (-100%)
Nicaragua-$4.92k (-32.7%)
Belize-$694 (-83.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Liquid Fuel Furnaces were:
In 2022, Guatemala's main importing competitors in Liquid Fuel Furnaces were:

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Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.89k
TOP IMPORT POTENTIALChina+ $98.1k

Liquid Fuel Furnaces’s highest export potential is United States. With an export gap of $6.89k.   Liquid Fuel Furnaces’s highest import potential is China with an import gap of $98.1k.

See methodology.

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