2022
Exports
$58.8MWorld Rnk 19 / 134
Flag Rnk 59 / 1099
2022
PRODUCT COMPLEXITY IN Non-Retail Pure Cotton Yarn
-1.83Rnk 984 / 1025
2022
Imports
$232MWorld Rnk 14 / 187
Flag Rnk 20 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $58.8M in Non-Retail Pure Cotton Yarn, making it the 19th largest exporter of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 59th most exported product in Guatemala. The main destination of Non-Retail Pure Cotton Yarn exports from Guatemala are: Honduras ($50.3M), El Salvador ($7.12M), Dominican Republic ($715k), South Korea ($309k), and United States ($259k).

The fastest growing export markets for Non-Retail Pure Cotton Yarn of Guatemala between 2021 and 2022 were Honduras ($17.8M), El Salvador ($1.47M), and South Korea ($242k).

Imports In 2022, Guatemala imported $232M in Non-Retail Pure Cotton Yarn, becoming the 14th largest importer of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 20th most imported product in Guatemala. Guatemala imports Non-Retail Pure Cotton Yarn primarily from: United States ($68.3M), India ($45M), El Salvador ($31.4M), Nicaragua ($23.2M), and Honduras ($21.7M).

The fastest growing import markets in Non-Retail Pure Cotton Yarn for Guatemala between 2021 and 2022 were Nicaragua ($16M), United States ($11.6M), and Pakistan ($6.71M).

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 Non-Retail Pure 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 (2022)$58.8M
IMPORTS (2022)$232M
NET TRADE (2022)-$173M

In 2022, Guatemala exported $58.8M in Non-Retail Pure Cotton Yarn. The main destinations of Guatemala exports on Non-Retail Pure Cotton Yarn were Honduras ($50.3M), El Salvador ($7.12M), Dominican Republic ($715k), South Korea ($309k), and United States ($259k).

In 2022, Guatemala imported $232M in Non-Retail Pure Cotton Yarn, mainly from United States ($68.3M), India ($45M), El Salvador ($31.4M), Nicaragua ($23.2M), and Honduras ($21.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Pure Cotton Yarn EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$17.8M (54.9%)
El Salvador$1.47M (26.1%)
South Korea$242k (357%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Pure Cotton Yarn BY Guatemala WERE (2021 - 2022):
United States-$679k (-72.4%)
India-$118k (-100%)
Mexico-$64.8k (-75.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Non-Retail Pure Cotton Yarn were:
In 2022, Guatemala's main importing competitors in Non-Retail Pure Cotton Yarn were:

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Trade Value of Non-Retail Pure Cotton Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $650k
TOP IMPORT POTENTIALVietnam+ $3.41M

Non-Retail Pure Cotton Yarn’s highest export potential is United States. With an export gap of $650k.   Non-Retail Pure Cotton Yarn’s highest import potential is Vietnam with an import gap of $3.41M.

See methodology.

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