2022
Exports
$815kWorld Rnk 38 / 140
Flag Rnk 472 / 1099
2022
PRODUCT COMPLEXITY IN Ornamental Trimmings
-0.27Rnk 635 / 1025
2022
Imports
$2.25MWorld Rnk 48 / 201
Flag Rnk 659 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $815k in Ornamental Trimmings, making it the 38th largest exporter of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 472nd most exported product in Guatemala. The main destination of Ornamental Trimmings exports from Guatemala are: Honduras ($507k), Mexico ($171k), United States ($69k), Colombia ($52.5k), and Costa Rica ($4.7k).

The fastest growing export markets for Ornamental Trimmings of Guatemala between 2021 and 2022 were Honduras ($174k), Mexico ($99.1k), and Colombia ($52.5k).

Imports In 2022, Guatemala imported $2.25M in Ornamental Trimmings, becoming the 48th largest importer of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 659th most imported product in Guatemala. Guatemala imports Ornamental Trimmings primarily from: China ($2.12M), France ($44.4k), Chinese Taipei ($27.6k), India ($24.1k), and United States ($10.8k).

The fastest growing import markets in Ornamental Trimmings for Guatemala between 2021 and 2022 were France ($38.6k), India ($6.41k), and Italy ($1.26k).

Latest Trends

Jul 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 Ornamental Trimmings. 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)$815k
IMPORTS (2022)$2.25M
NET TRADE (2022)-$1.44M

In 2022, Guatemala exported $815k in Ornamental Trimmings. The main destinations of Guatemala exports on Ornamental Trimmings were Honduras ($507k), Mexico ($171k), United States ($69k), Colombia ($52.5k), and Costa Rica ($4.7k).

In 2022, Guatemala imported $2.25M in Ornamental Trimmings, mainly from China ($2.12M), France ($44.4k), Chinese Taipei ($27.6k), India ($24.1k), and United States ($10.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ornamental Trimmings EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$174k (52.1%)
Mexico$99.1k (138%)
Colombia$52.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ornamental Trimmings BY Guatemala WERE (2021 - 2022):
El Salvador-$51.3k (-94.7%)
Peru-$2.95k (-74.5%)
Canada-$1.89k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Ornamental Trimmings were:
In 2022, Guatemala's main importing competitors in Ornamental Trimmings were:

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Trade Value of Ornamental Trimmings by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMexico+ $115k
TOP IMPORT POTENTIALMexico+ $29.9k

Ornamental Trimmings’s highest export potential is Mexico. With an export gap of $115k.   Ornamental Trimmings’s highest import potential is Mexico with an import gap of $29.9k.

See methodology.

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