2022
Exports
$1.97kWorld Rnk 95 / 133
Flag Rnk 998 / 1099
2022
PRODUCT COMPLEXITY IN Silk Fabrics
0.43Rnk 394 / 1025
2022
Imports
$159kWorld Rnk 98 / 192
Flag Rnk 978 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.97k in Silk Fabrics, making it the 95th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 998th most exported product in Guatemala. The main destination of Silk Fabrics exports from Guatemala are: United States ($1.11k) and Austria ($861).

The fastest growing export markets for Silk Fabrics of Guatemala between 2021 and 2022 were Austria ($861).

Imports In 2022, Guatemala imported $159k in Silk Fabrics, becoming the 98th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 978th most imported product in Guatemala. Guatemala imports Silk Fabrics primarily from: Panama ($46.8k), China ($41.7k), United States ($27.1k), El Salvador ($19.2k), and South Korea ($16.3k).

The fastest growing import markets in Silk Fabrics for Guatemala between 2021 and 2022 were Panama ($38k), China ($28.8k), and South Korea ($5.79k).

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 Silk Fabrics. 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)$1.97k
IMPORTS (2022)$159k
NET TRADE (2022)-$157k

In 2022, Guatemala exported $1.97k in Silk Fabrics. The main destinations of Guatemala exports on Silk Fabrics were United States ($1.11k) and Austria ($861).

In 2022, Guatemala imported $159k in Silk Fabrics, mainly from Panama ($46.8k), China ($41.7k), United States ($27.1k), El Salvador ($19.2k), and South Korea ($16.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):Austria$861 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Guatemala WERE (2021 - 2022):
Norway-$985 (-100%)
United States-$183 (-14.2%)
Honduras-$39 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Guatemala's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.19k
TOP IMPORT POTENTIALChina+ $35.9k

Silk Fabrics’s highest export potential is United States. With an export gap of $2.19k.   Silk Fabrics’s highest import potential is China with an import gap of $35.9k.

See methodology.

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