2023
Exports
$64MWorld Rnk 17 / 132
Flag Rnk 51 / 1091
2023
PRODUCT COMPLEXITY IN Non-Retail Pure Cotton Yarn
-1.71Rnk 973 / 1025
2023
Imports
$135MWorld Rnk 14 / 192
Flag Rnk 42 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $64M in Non-Retail Pure Cotton Yarn, making it the 17th largest exporter of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 51st most exported product in Guatemala. The main destination of Non-Retail Pure Cotton Yarn exports from Guatemala are: Honduras ($60M), El Salvador ($1.52M), Nicaragua ($1.05M), Dominican Republic ($973k), and Vietnam ($230k).

The fastest growing export markets for Non-Retail Pure Cotton Yarn of Guatemala between 2022 and 2023 were Honduras ($9.7M), Nicaragua ($1.05M), and Dominican Republic ($249k).

Imports In 2023, Guatemala imported $135M 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 42nd most imported product in Guatemala. Guatemala imports Non-Retail Pure Cotton Yarn primarily from: United States ($29.4M), El Salvador ($28.3M), Honduras ($19.4M), India ($14.6M), and Vietnam ($11.5M).

The fastest growing import markets in Non-Retail Pure Cotton Yarn for Guatemala between 2022 and 2023 were Vietnam ($4.38M), Egypt ($2.75M), and Costa Rica ($2.25M).

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 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 (2023)$64M
IMPORTS (2023)$135M
NET TRADE (2023)-$71M

In 2023, Guatemala exported $64M in Non-Retail Pure Cotton Yarn. The main destinations of Guatemala exports on Non-Retail Pure Cotton Yarn were Honduras ($60M), El Salvador ($1.52M), Nicaragua ($1.05M), Dominican Republic ($973k), and Vietnam ($230k).

In 2023, Guatemala imported $135M in Non-Retail Pure Cotton Yarn, mainly from United States ($29.4M), El Salvador ($28.3M), Honduras ($19.4M), India ($14.6M), and Vietnam ($11.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Pure Cotton Yarn EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Honduras$9.7M (19.3%)
Nicaragua$1.05M (26.4M%)
Dominican Republic$249k (34.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Pure Cotton Yarn BY Guatemala WERE (2022 - 2023):
El Salvador-$2.61M (-63.2%)
United States-$221k (-97.2%)
Mexico-$10.9k (-51.2%)

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 Pure Cotton Yarn were:
In 2023, 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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