2022
Exports
$4.9MWorld Rnk 88 / 222
Flag Rnk 240 / 1099
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$37.7MWorld Rnk 94 / 225
Flag Rnk 156 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $4.9M in Other Iron Products, making it the 88th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 240th most exported product in Guatemala. The main destination of Other Iron Products exports from Guatemala are: Honduras ($1.13M), Brazil ($1.08M), El Salvador ($776k), Costa Rica ($631k), and United States ($494k).

The fastest growing export markets for Other Iron Products of Guatemala between 2021 and 2022 were Brazil ($1.03M), United States ($400k), and Costa Rica ($295k).

Imports In 2022, Guatemala imported $37.7M in Other Iron Products, becoming the 94th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 156th most imported product in Guatemala. Guatemala imports Other Iron Products primarily from: China ($15.4M), United States ($5.01M), Costa Rica ($3.85M), Mexico ($3.61M), and Peru ($1.74M).

The fastest growing import markets in Other Iron Products for Guatemala between 2021 and 2022 were China ($5.97M), Peru ($513k), and France ($431k).

Latest Trends

Nov 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 Iron Products. 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)$4.9M
IMPORTS (2022)$37.7M
NET TRADE (2022)-$32.8M

In 2022, Guatemala exported $4.9M in Other Iron Products. The main destinations of Guatemala exports on Other Iron Products were Honduras ($1.13M), Brazil ($1.08M), El Salvador ($776k), Costa Rica ($631k), and United States ($494k).

In 2022, Guatemala imported $37.7M in Other Iron Products, mainly from China ($15.4M), United States ($5.01M), Costa Rica ($3.85M), Mexico ($3.61M), and Peru ($1.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Brazil$1.03M (2.2k%)
United States$400k (425%)
Costa Rica$295k (87.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Guatemala WERE (2021 - 2022):
Honduras-$420k (-27.2%)
Nicaragua-$86.6k (-25.1%)
Colombia-$83.5k (-91%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.23M
TOP IMPORT POTENTIALChina+ $7.03M

Other Iron Products’s highest export potential is United States. With an export gap of $1.23M.   Other Iron Products’s highest import potential is China with an import gap of $7.03M.

See methodology.

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