2023
Exports
$889kWorld Rnk 81 / 221
Flag Rnk 442 / 1091
2023
PRODUCT COMPLEXITY IN Other Hand Tools
1.82Rnk 14 / 1025
2023
Imports
$19MWorld Rnk 64 / 225
Flag Rnk 267 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $889k in Other Hand Tools, making it the 81st largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 442nd most exported product in Guatemala. The main destination of Other Hand Tools exports from Guatemala are: El Salvador ($179k), Honduras ($127k), Venezuela ($120k), Panama ($118k), and Nicaragua ($85k).

The fastest growing export markets for Other Hand Tools of Guatemala between 2022 and 2023 were Panama ($107k), Venezuela ($82.5k), and Nicaragua ($35.1k).

Imports In 2023, Guatemala imported $19M in Other Hand Tools, becoming the 64th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 267th most imported product in Guatemala. Guatemala imports Other Hand Tools primarily from: China ($9.25M), United States ($3.81M), Mexico ($2.85M), Chinese Taipei ($770k), and Italy ($391k).

The fastest growing import markets in Other Hand Tools for Guatemala between 2022 and 2023 were United States ($852k), Italy ($307k), and Switzerland ($113k).

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 Other Hand Tools. 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)$889k
IMPORTS (2023)$19M
NET TRADE (2023)-$18.2M

In 2023, Guatemala exported $889k in Other Hand Tools. The main destinations of Guatemala exports on Other Hand Tools were El Salvador ($179k), Honduras ($127k), Venezuela ($120k), Panama ($118k), and Nicaragua ($85k).

In 2023, Guatemala imported $19M in Other Hand Tools, mainly from China ($9.25M), United States ($3.81M), Mexico ($2.85M), Chinese Taipei ($770k), and Italy ($391k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Panama$107k (1k%)
Venezuela$82.5k (218%)
Nicaragua$35.1k (70.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Guatemala WERE (2022 - 2023):
Honduras-$105k (-45.3%)
El Salvador-$51.8k (-22.5%)
Costa Rica-$41.7k (-38.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Other Hand Tools were:
In 2023, Guatemala's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $145k
TOP IMPORT POTENTIALChina+ $1.16M

Other Hand Tools’s highest export potential is United States. With an export gap of $145k.   Other Hand Tools’s highest import potential is China with an import gap of $1.16M.

See methodology.

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