2018
Exports
$2.59kWorld Rnk 110 / 133
Flag Rnk 984 / 1099
2022
PRODUCT COMPLEXITY IN Raw Cotton
-2.57Rnk 1022 / 1025
2018
Imports
$128MWorld Rnk 17 / 183
Flag Rnk 48 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2018, Guatemala exported $2.59k in Raw Cotton, making it the 110th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 984th most exported product in Guatemala. The main destination of Raw Cotton exports from Guatemala are: Switzerland ($2.41k), Netherlands ($183), and Canada ($1).

The fastest growing export markets for Raw Cotton of Guatemala between 2021 and 2022 were Switzerland ($2.41k), Netherlands ($183), and Canada ($1).

Imports In 2022, Guatemala imported $128M in Raw Cotton, becoming the 17th largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 48th most imported product in Guatemala. Guatemala imports Raw Cotton primarily from: United States ($127M), Mexico ($916k), El Salvador ($325k), and Panama ($1.72k).

The fastest growing import markets in Raw Cotton for Guatemala between 2021 and 2022 were United States ($59.6M), Mexico ($804k), and El Salvador ($325k).

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 Raw Cotton. 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)$2.59k
IMPORTS (2022)$128M
NET TRADE (2022)-$128M

In 2022, Guatemala exported $2.59k in Raw Cotton. The main destinations of Guatemala exports on Raw Cotton were Switzerland ($2.41k), Netherlands ($183), and Canada ($1).

In 2022, Guatemala imported $128M in Raw Cotton, mainly from United States ($127M), Mexico ($916k), El Salvador ($325k), and Panama ($1.72k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Switzerland$2.41k (1%)
Netherlands$183 (1%)
Canada$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Guatemala WERE (2021 - 2022):United States-$1.39k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Raw Cotton were:
In 2022, Guatemala's main importing competitors in Raw Cotton were:

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $2.16k
TOP IMPORT POTENTIALMexico+ $1.3M

Raw Cotton’s highest export potential is Switzerland. With an export gap of $2.16k.   Raw Cotton’s highest import potential is Mexico with an import gap of $1.3M.

See methodology.

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