2022
Exports
$4MWorld Rnk 60 / 161
Flag Rnk 262 / 1099
2022
PRODUCT COMPLEXITY IN Other Inorganic Acids
0.33Rnk 431 / 1025
2022
Imports
$8.12MWorld Rnk 65 / 214
Flag Rnk 418 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $4M in Other Inorganic Acids, making it the 60th largest exporter of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 262nd most exported product in Guatemala. The main destination of Other Inorganic Acids exports from Guatemala are: El Salvador ($1.22M), Mexico ($962k), Honduras ($718k), Uruguay ($623k), and Colombia ($267k).

The fastest growing export markets for Other Inorganic Acids of Guatemala between 2021 and 2022 were Mexico ($501k), Colombia ($267k), and Dominican Republic ($22.5k).

Imports In 2022, Guatemala imported $8.12M in Other Inorganic Acids, becoming the 65th largest importer of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 418th most imported product in Guatemala. Guatemala imports Other Inorganic Acids primarily from: United States ($3.7M), Mexico ($1.03M), China ($915k), Brazil ($596k), and Costa Rica ($543k).

The fastest growing import markets in Other Inorganic Acids for Guatemala between 2021 and 2022 were United States ($719k), Brazil ($353k), and Chinese Taipei ($221k).

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 Other Inorganic Acids. 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)$4M
IMPORTS (2022)$8.12M
NET TRADE (2022)-$4.12M

In 2022, Guatemala exported $4M in Other Inorganic Acids. The main destinations of Guatemala exports on Other Inorganic Acids were El Salvador ($1.22M), Mexico ($962k), Honduras ($718k), Uruguay ($623k), and Colombia ($267k).

In 2022, Guatemala imported $8.12M in Other Inorganic Acids, mainly from United States ($3.7M), Mexico ($1.03M), China ($915k), Brazil ($596k), and Costa Rica ($543k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Inorganic Acids EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Mexico$501k (109%)
Colombia$267k (61.7k%)
Dominican Republic$22.5k (37.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inorganic Acids BY Guatemala WERE (2021 - 2022):
El Salvador-$720k (-37.1%)
Panama-$337k (-100%)
Honduras-$314k (-30.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Inorganic Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMexico+ $742k
TOP IMPORT POTENTIALChina+ $684k

Other Inorganic Acids’s highest export potential is Mexico. With an export gap of $742k.   Other Inorganic Acids’s highest import potential is China with an import gap of $684k.

See methodology.

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