2022
Exports
$33.1MWorld Rnk 57 / 195
Flag Rnk 51 / 96
2022
PRODUCT COMPLEXITY IN Man-made staple fibres
1.12Rnk 127 / 1025
2022
Imports
$190MWorld Rnk 52 / 218
Flag Rnk 37 / 96
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $33.1M in Man-made staple fibres, making it the 57th largest exporter of Man-made staple fibres in the world. At the same year, Man-made staple fibres was the 51st most exported product in Guatemala. The main destination of Man-made staple fibres exports from Guatemala are: Honduras ($15.4M), El Salvador ($7.68M), Nicaragua ($2.34M), Mexico ($2.25M), and Costa Rica ($2.14M).

The fastest growing export markets for Man-made staple fibres of Guatemala between 2021 and 2022 were El Salvador ($3.68M), Honduras ($1.72M), and Dominican Republic ($1.25M).

Imports In 2022, Guatemala imported $190M in Man-made staple fibres, becoming the 52nd largest importer of Man-made staple fibres in the world. At the same year, Man-made staple fibres was the 37th most imported product in Guatemala. Guatemala imports Man-made staple fibres primarily from: China ($92.9M), United States ($16.4M), El Salvador ($16.1M), Nicaragua ($14.1M), and India ($9.9M).

The fastest growing import markets in Man-made staple fibres for Guatemala between 2021 and 2022 were China ($18.1M), Nicaragua ($7.35M), and South Korea ($1.72M).

COMPANIES In 2023, leading companies such as Classic Fruit Company (2) and EDT (Export, Development & Trade) (1) were at the forefront of shipping Man-made staple fibres from Guatemala to the United States.

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 Man-made staple fibres. 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)$33.1M
IMPORTS (2022)$190M
NET TRADE (2022)-$157M

In 2022, Guatemala exported $33.1M in Man-made staple fibres. The main destinations of Guatemala exports on Man-made staple fibres were Honduras ($15.4M), El Salvador ($7.68M), Nicaragua ($2.34M), Mexico ($2.25M), and Costa Rica ($2.14M).

In 2022, Guatemala imported $190M in Man-made staple fibres, mainly from China ($92.9M), United States ($16.4M), El Salvador ($16.1M), Nicaragua ($14.1M), and India ($9.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Man-made staple fibres EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$3.68M (92.1%)
Honduras$1.72M (12.6%)
Dominican Republic$1.25M (272%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Man-made staple fibres BY Guatemala WERE (2021 - 2022):
Belize-$56.5k (-88.3%)
Peru-$30.3k (-100%)
Chile-$28.6k (-39.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Man-made staple fibres were:
In 2022, Guatemala's main importing competitors in Man-made staple fibres were:

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Trade Value of Man-made staple fibres by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $1.85M
TOP IMPORT POTENTIALIndia+ $3.17M

Man-made staple fibres’s highest export potential is Mexico. With an export gap of $1.85M.   Man-made staple fibres’s highest import potential is India with an import gap of $3.17M.

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