2023
Exports
$2.33MWorld Rnk 29 / 100
Flag Rnk 313 / 1091
2023
PRODUCT COMPLEXITY IN Non-Retail Mixed Cotton Yarn
-0.59Rnk 731 / 1025
2023
Imports
$104MWorld Rnk 3 / 163
Flag Rnk 57 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $2.33M in Non-Retail Mixed Cotton Yarn, making it the 29th largest exporter of Non-Retail Mixed Cotton Yarn in the world. At the same year, Non-Retail Mixed Cotton Yarn was the 313th most exported product in Guatemala. The main destination of Non-Retail Mixed Cotton Yarn exports from Guatemala are: Honduras ($1.36M), Dominican Republic ($834k), South Korea ($73.8k), El Salvador ($59.8k), and Costa Rica ($206).

The fastest growing export markets for Non-Retail Mixed Cotton Yarn of Guatemala between 2022 and 2023 were Dominican Republic ($834k), South Korea ($73.7k), and Honduras ($56.7k).

Imports In 2023, Guatemala imported $104M in Non-Retail Mixed Cotton Yarn, becoming the 3rd largest importer of Non-Retail Mixed Cotton Yarn in the world. At the same year, Non-Retail Mixed Cotton Yarn was the 57th most imported product in Guatemala. Guatemala imports Non-Retail Mixed Cotton Yarn primarily from: Costa Rica ($39M), Vietnam ($21.4M), Honduras ($8.93M), United States ($8M), and El Salvador ($7.22M).

The fastest growing import markets in Non-Retail Mixed Cotton Yarn for Guatemala between 2022 and 2023 were Nicaragua ($3.11M), Turkey ($46.8k), and Belgium ($890).

Latest Trends

Jan 2025

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-Retail Mixed Cotton Yarn. 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)$2.33M
IMPORTS (2023)$104M
NET TRADE (2023)-$102M

In 2023, Guatemala exported $2.33M in Non-Retail Mixed Cotton Yarn. The main destinations of Guatemala exports on Non-Retail Mixed Cotton Yarn were Honduras ($1.36M), Dominican Republic ($834k), South Korea ($73.8k), El Salvador ($59.8k), and Costa Rica ($206).

In 2023, Guatemala imported $104M in Non-Retail Mixed Cotton Yarn, mainly from Costa Rica ($39M), Vietnam ($21.4M), Honduras ($8.93M), United States ($8M), and El Salvador ($7.22M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Mixed Cotton Yarn EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
South Korea$73.7k (81.8k%)
Honduras$56.7k (4.35%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Mixed Cotton Yarn BY Guatemala WERE (2022 - 2023):
El Salvador-$1.92M (-97%)
Sweden-$99 (-100%)
Nicaragua-$2 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Non-Retail Mixed Cotton Yarn were:
In 2023, Guatemala's main importing competitors in Non-Retail Mixed Cotton Yarn were:

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Trade Value of Non-Retail Mixed Cotton Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHonduras+ $170k
TOP IMPORT POTENTIALChina+ $1.45M

Non-Retail Mixed Cotton Yarn’s highest export potential is Honduras. With an export gap of $170k.   Non-Retail Mixed Cotton Yarn’s highest import potential is China with an import gap of $1.45M.

See methodology.

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