2022
Exports
$12.6MWorld Rnk 34 / 130
Flag Rnk 147 / 1099
2022
PRODUCT COMPLEXITY IN Non-Retail Synthetic Staple Fibers Yarn
-0.25Rnk 631 / 1025
2022
Imports
$50.1MWorld Rnk 36 / 193
Flag Rnk 123 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $12.6M in Non-Retail Synthetic Staple Fibers Yarn, making it the 34th largest exporter of Non-Retail Synthetic Staple Fibers Yarn in the world. At the same year, Non-Retail Synthetic Staple Fibers Yarn was the 147th most exported product in Guatemala. The main destination of Non-Retail Synthetic Staple Fibers Yarn exports from Guatemala are: Honduras ($7.33M), El Salvador ($2.86M), Costa Rica ($1.11M), United States ($854k), and Dominican Republic ($308k).

The fastest growing export markets for Non-Retail Synthetic Staple Fibers Yarn of Guatemala between 2021 and 2022 were El Salvador ($2.23M), Honduras ($1.11M), and Costa Rica ($879k).

Imports In 2022, Guatemala imported $50.1M in Non-Retail Synthetic Staple Fibers Yarn, becoming the 36th largest importer of Non-Retail Synthetic Staple Fibers Yarn in the world. At the same year, Non-Retail Synthetic Staple Fibers Yarn was the 123rd most imported product in Guatemala. Guatemala imports Non-Retail Synthetic Staple Fibers Yarn primarily from: United States ($8.77M), Nicaragua ($8.69M), El Salvador ($6.89M), China ($6.84M), and Honduras ($6.55M).

The fastest growing import markets in Non-Retail Synthetic Staple Fibers Yarn for Guatemala between 2021 and 2022 were Nicaragua ($4.6M), United States ($1.36M), and China ($1.13M).

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 Synthetic Staple Fibers 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)$12.6M
IMPORTS (2022)$50.1M
NET TRADE (2022)-$37.6M

In 2022, Guatemala exported $12.6M in Non-Retail Synthetic Staple Fibers Yarn. The main destinations of Guatemala exports on Non-Retail Synthetic Staple Fibers Yarn were Honduras ($7.33M), El Salvador ($2.86M), Costa Rica ($1.11M), United States ($854k), and Dominican Republic ($308k).

In 2022, Guatemala imported $50.1M in Non-Retail Synthetic Staple Fibers Yarn, mainly from United States ($8.77M), Nicaragua ($8.69M), El Salvador ($6.89M), China ($6.84M), and Honduras ($6.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Staple Fibers Yarn EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$2.23M (356%)
Honduras$1.11M (17.8%)
Costa Rica$879k (385%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Staple Fibers Yarn BY Guatemala WERE (2021 - 2022):
Mexico-$97.7k (-100%)
South Korea-$27.5k (-49.6%)
India-$5.4k (-100%)

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 Synthetic Staple Fibers Yarn were:
In 2022, Guatemala's main importing competitors in Non-Retail Synthetic Staple Fibers Yarn were:

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Trade Value of Non-Retail Synthetic Staple Fibers Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $895k
TOP IMPORT POTENTIALChina+ $2.12M

Non-Retail Synthetic Staple Fibers Yarn’s highest export potential is United States. With an export gap of $895k.   Non-Retail Synthetic Staple Fibers Yarn’s highest import potential is China with an import gap of $2.12M.

See methodology.

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