2022
Exports
$2.58kWorld Rnk 116 / 151
Flag Rnk 985 / 1099
2022
PRODUCT COMPLEXITY IN Plaiting Products
-1.95Rnk 997 / 1025
2022
Imports
$160kWorld Rnk 121 / 211
Flag Rnk 977 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $2.58k in Plaiting Products, making it the 116th largest exporter of Plaiting Products in the world. At the same year, Plaiting Products was the 985th most exported product in Guatemala. The main destination of Plaiting Products exports from Guatemala are: El Salvador ($1.69k), Nicaragua ($504), Honduras ($190), Belize ($91), and Spain ($58).

The fastest growing export markets for Plaiting Products of Guatemala between 2021 and 2022 were El Salvador ($1.42k), Nicaragua ($490), and Spain ($58).

Imports In 2022, Guatemala imported $160k in Plaiting Products, becoming the 121st largest importer of Plaiting Products in the world. At the same year, Plaiting Products was the 977th most imported product in Guatemala. Guatemala imports Plaiting Products primarily from: China ($133k), El Salvador ($6.27k), Greece ($3.19k), Bangladesh ($2.77k), and United States ($2.68k).

The fastest growing import markets in Plaiting Products for Guatemala between 2021 and 2022 were China ($31.2k), Greece ($3.19k), and Bangladesh ($2.18k).

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 Plaiting 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)$2.58k
IMPORTS (2022)$160k
NET TRADE (2022)-$158k

In 2022, Guatemala exported $2.58k in Plaiting Products. The main destinations of Guatemala exports on Plaiting Products were El Salvador ($1.69k), Nicaragua ($504), Honduras ($190), Belize ($91), and Spain ($58).

In 2022, Guatemala imported $160k in Plaiting Products, mainly from China ($133k), El Salvador ($6.27k), Greece ($3.19k), Bangladesh ($2.77k), and United States ($2.68k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plaiting Products EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$1.42k (533%)
Nicaragua$490 (3.5k%)
Spain$58 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plaiting Products BY Guatemala WERE (2021 - 2022):
Honduras-$446 (-70.1%)
Costa Rica-$60 (-88.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Plaiting Products were:
China $364M
India $42.5M
France $20.2M
In 2022, Guatemala's main importing competitors in Plaiting Products were:

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Trade Value of Plaiting Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $664
TOP IMPORT POTENTIALChina+ $37.1k

Plaiting Products’s highest export potential is United States. With an export gap of $664.   Plaiting Products’s highest import potential is China with an import gap of $37.1k.

See methodology.

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