2023
Exports
$6.97MWorld Rnk 62 / 212
Flag Rnk 197 / 1091
2023
PRODUCT COMPLEXITY IN Non-Knit Men's Shirts
-1.21Rnk 879 / 1025
2023
Imports
$12.1MWorld Rnk 73 / 221
Flag Rnk 338 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $6.97M in Non-Knit Men's Shirts, making it the 62nd largest exporter of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 197th most exported product in Guatemala. The main destination of Non-Knit Men's Shirts exports from Guatemala are: United States ($3.37M), El Salvador ($1.56M), Mexico ($506k), Costa Rica ($442k), and Honduras ($309k).

The fastest growing export markets for Non-Knit Men's Shirts of Guatemala between 2022 and 2023 were Mexico ($442k), Costa Rica ($172k), and Canada ($47.4k).

Imports In 2023, Guatemala imported $12.1M in Non-Knit Men's Shirts, becoming the 73rd largest importer of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 338th most imported product in Guatemala. Guatemala imports Non-Knit Men's Shirts primarily from: China ($2.75M), Bangladesh ($1.27M), El Salvador ($1.19M), Vietnam ($1.15M), and India ($913k).

The fastest growing import markets in Non-Knit Men's Shirts for Guatemala between 2022 and 2023 were United States ($434k), Vietnam ($419k), and China ($297k).

Latest Trends

Dec 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 Non-Knit Men's Shirts. 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 (2023)$6.97M
IMPORTS (2023)$12.1M
NET TRADE (2023)-$5.17M

In 2023, Guatemala exported $6.97M in Non-Knit Men's Shirts. The main destinations of Guatemala exports on Non-Knit Men's Shirts were United States ($3.37M), El Salvador ($1.56M), Mexico ($506k), Costa Rica ($442k), and Honduras ($309k).

In 2023, Guatemala imported $12.1M in Non-Knit Men's Shirts, mainly from China ($2.75M), Bangladesh ($1.27M), El Salvador ($1.19M), Vietnam ($1.15M), and India ($913k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Shirts EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Mexico$442k (693%)
Costa Rica$172k (63.6%)
Canada$47.4k (44.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Shirts BY Guatemala WERE (2022 - 2023):
Honduras-$411k (-57%)
United States-$312k (-8.48%)
El Salvador-$308k (-16.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Non-Knit Men's Shirts were:
China $2.28B
India $1.12B
In 2023, Guatemala's main importing competitors in Non-Knit Men's Shirts were:

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Trade Value of Non-Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.95M
TOP IMPORT POTENTIALBangladesh+ $1.01M

Non-Knit Men's Shirts’s highest export potential is United States. With an export gap of $3.95M.   Non-Knit Men's Shirts’s highest import potential is Bangladesh with an import gap of $1.01M.

See methodology.

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