2022
Exports
$646kWorld Rnk 81 / 149
Flag Rnk 500 / 1099
2022
PRODUCT COMPLEXITY IN Other Steel Bars
0.29Rnk 456 / 1025
2022
Imports
$12.9MWorld Rnk 76 / 218
Flag Rnk 325 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $646k in Other Steel Bars, making it the 81st largest exporter of Other Steel Bars in the world. At the same year, Other Steel Bars was the 500th most exported product in Guatemala. The main destination of Other Steel Bars exports from Guatemala are: El Salvador ($306k), Nicaragua ($202k), Honduras ($70k), Belize ($31.1k), and Costa Rica ($29.2k).

The fastest growing export markets for Other Steel Bars of Guatemala between 2021 and 2022 were El Salvador ($234k), Nicaragua ($182k), and Costa Rica ($29.2k).

Imports In 2022, Guatemala imported $12.9M in Other Steel Bars, becoming the 76th largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 325th most imported product in Guatemala. Guatemala imports Other Steel Bars primarily from: Turkey ($7.78M), Mexico ($2.19M), China ($1.65M), Costa Rica ($498k), and Sweden ($241k).

The fastest growing import markets in Other Steel Bars for Guatemala between 2021 and 2022 were Turkey ($6.4M), Mexico ($1.96M), and Costa Rica ($489k).

Latest Trends

Jul 2024

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 Steel Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$646k
IMPORTS (2022)$12.9M
NET TRADE (2022)-$12.3M

In 2022, Guatemala exported $646k in Other Steel Bars. The main destinations of Guatemala exports on Other Steel Bars were El Salvador ($306k), Nicaragua ($202k), Honduras ($70k), Belize ($31.1k), and Costa Rica ($29.2k).

In 2022, Guatemala imported $12.9M in Other Steel Bars, mainly from Turkey ($7.78M), Mexico ($2.19M), China ($1.65M), Costa Rica ($498k), and Sweden ($241k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Steel Bars EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$234k (329%)
Nicaragua$182k (887%)
Costa Rica$29.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Guatemala WERE (2021 - 2022):
Belize-$140k (-81.8%)
Honduras-$24.7k (-26.1%)
Panama-$3.99k (-33.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Guatemala's main exporting competitors in Other Steel Bars were:
China $3.04B
Germany $1.79B
Japan $1.06B
In 2022, Guatemala's main importing competitors in Other Steel Bars were:

Explore Visualizations

Trade Value of Other Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCosta Rica+ $28.3k
TOP IMPORT POTENTIALChina+ $1.21M

Other Steel Bars’s highest export potential is Costa Rica. With an export gap of $28.3k.   Other Steel Bars’s highest import potential is China with an import gap of $1.21M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with