2018
Exports
$29.3MWorld Rnk 63 / 221
Flag Rnk 89 / 1091
2023
PRODUCT COMPLEXITY IN Other Furniture
0.25Rnk 478 / 1025
2018
Imports
$106MWorld Rnk 66 / 226
Flag Rnk 55 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2018, Guatemala exported $29.3M in Other Furniture, making it the 63rd largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 89th most exported product in Guatemala. The main destination of Other Furniture exports from Guatemala are: El Salvador ($10.9M), Honduras ($7.79M), Nicaragua ($4.43M), Costa Rica ($1.85M), and United States ($935k).

The fastest growing export markets for Other Furniture of Guatemala between 2022 and 2023 were Nicaragua ($1.65M), El Salvador ($1.36M), and Mexico ($351k).

Imports In 2023, Guatemala imported $106M in Other Furniture, becoming the 66th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 55th most imported product in Guatemala. Guatemala imports Other Furniture primarily from: China ($33.7M), United States ($16.5M), Mexico ($12.2M), Brazil ($10.6M), and El Salvador ($8.53M).

The fastest growing import markets in Other Furniture for Guatemala between 2022 and 2023 were Mexico ($5.31M), Brazil ($4.01M), and United States ($3.26M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Furniture. 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)$29.3M
IMPORTS (2023)$106M
NET TRADE (2023)-$76.9M

In 2023, Guatemala exported $29.3M in Other Furniture. The main destinations of Guatemala exports on Other Furniture were El Salvador ($10.9M), Honduras ($7.79M), Nicaragua ($4.43M), Costa Rica ($1.85M), and United States ($935k).

In 2023, Guatemala imported $106M in Other Furniture, mainly from China ($33.7M), United States ($16.5M), Mexico ($12.2M), Brazil ($10.6M), and El Salvador ($8.53M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Nicaragua$1.65M (59.2%)
El Salvador$1.36M (14.2%)
Mexico$351k (91.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Guatemala WERE (2022 - 2023):
Honduras-$961k (-11%)
Panama-$422k (-32.9%)
United States-$94.4k (-9.17%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Other Furniture were:
China $27.1B
Vietnam $8.56B
Germany $7.79B
In 2023, Guatemala's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.63M
TOP IMPORT POTENTIALChina+ $13.9M

Other Furniture’s highest export potential is United States. With an export gap of $3.63M.   Other Furniture’s highest import potential is China with an import gap of $13.9M.

See methodology.

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