2022
Exports
$2.33MWorld Rnk 49 / 141
Flag Rnk 324 / 1099
2022
PRODUCT COMPLEXITY IN Pile Fabric
0.18Rnk 494 / 1025
2022
Imports
$39MWorld Rnk 37 / 195
Flag Rnk 152 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $2.33M in Pile Fabric, making it the 49th largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 324th most exported product in Guatemala. The main destination of Pile Fabric exports from Guatemala are: Costa Rica ($2.12M), United States ($109k), El Salvador ($85.4k), Honduras ($11.4k), and Nicaragua ($8k).

The fastest growing export markets for Pile Fabric of Guatemala between 2021 and 2022 were Costa Rica ($1.44M), Honduras ($11.2k), and United States ($7.85k).

Imports In 2022, Guatemala imported $39M in Pile Fabric, becoming the 37th largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 152nd most imported product in Guatemala. Guatemala imports Pile Fabric primarily from: China ($31.6M), United States ($4.06M), South Korea ($1.31M), El Salvador ($1.14M), and Hong Kong ($670k).

The fastest growing import markets in Pile Fabric for Guatemala between 2021 and 2022 were China ($13.9M), United States ($3.18M), and South Korea ($519k).

Latest Trends

Sep 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 Pile Fabric. 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)$2.33M
IMPORTS (2022)$39M
NET TRADE (2022)-$36.7M

In 2022, Guatemala exported $2.33M in Pile Fabric. The main destinations of Guatemala exports on Pile Fabric were Costa Rica ($2.12M), United States ($109k), El Salvador ($85.4k), Honduras ($11.4k), and Nicaragua ($8k).

In 2022, Guatemala imported $39M in Pile Fabric, mainly from China ($31.6M), United States ($4.06M), South Korea ($1.31M), El Salvador ($1.14M), and Hong Kong ($670k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Costa Rica$1.44M (211%)
Honduras$11.2k (5.14k%)
United States$7.85k (7.75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pile Fabric BY Guatemala WERE (2021 - 2022):
Nicaragua-$186k (-95.9%)
El Salvador-$37k (-30.3%)
Belize-$5.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Pile Fabric were:
In 2022, Guatemala's main importing competitors in Pile Fabric were:

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Trade Value of Pile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $166k
TOP IMPORT POTENTIALEl Salvador+ $482k

Pile Fabric’s highest export potential is United States. With an export gap of $166k.   Pile Fabric’s highest import potential is El Salvador with an import gap of $482k.

See methodology.

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