2022
Exports
$3.2MWorld Rnk 81 / 220
Flag Rnk 286 / 1099
2022
PRODUCT COMPLEXITY IN Other Cloth Articles
-1.53Rnk 950 / 1025
2022
Imports
$20.5MWorld Rnk 76 / 226
Flag Rnk 256 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $3.2M in Other Cloth Articles, making it the 81st largest exporter of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 286th most exported product in Guatemala. The main destination of Other Cloth Articles exports from Guatemala are: Honduras ($935k), United States ($737k), Mexico ($364k), El Salvador ($253k), and Nicaragua ($174k).

The fastest growing export markets for Other Cloth Articles of Guatemala between 2021 and 2022 were Mexico ($302k), Chile ($127k), and Democratic Republic of the Congo ($108k).

Imports In 2022, Guatemala imported $20.5M in Other Cloth Articles, becoming the 76th largest importer of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 256th most imported product in Guatemala. Guatemala imports Other Cloth Articles primarily from: China ($10.8M), Mexico ($3.64M), United States ($2.29M), Costa Rica ($728k), and El Salvador ($704k).

The fastest growing import markets in Other Cloth Articles for Guatemala between 2021 and 2022 were Pakistan ($570k), United States ($153k), and Argentina ($96.2k).

Latest Trends

Aug 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 Other Cloth Articles. 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)$3.2M
IMPORTS (2022)$20.5M
NET TRADE (2022)-$17.3M

In 2022, Guatemala exported $3.2M in Other Cloth Articles. The main destinations of Guatemala exports on Other Cloth Articles were Honduras ($935k), United States ($737k), Mexico ($364k), El Salvador ($253k), and Nicaragua ($174k).

In 2022, Guatemala imported $20.5M in Other Cloth Articles, mainly from China ($10.8M), Mexico ($3.64M), United States ($2.29M), Costa Rica ($728k), and El Salvador ($704k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cloth Articles EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Mexico$302k (487%)
Chile$127k (23.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cloth Articles BY Guatemala WERE (2021 - 2022):
United States-$4.82M (-86.7%)
Honduras-$340k (-26.7%)
Panama-$269k (-76.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Other Cloth Articles were:
In 2022, Guatemala's main importing competitors in Other Cloth Articles were:

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Trade Value of Other Cloth Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.68M
TOP IMPORT POTENTIALChina+ $3.49M

Other Cloth Articles’s highest export potential is United States. With an export gap of $1.68M.   Other Cloth Articles’s highest import potential is China with an import gap of $3.49M.

See methodology.

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