2022
Exports
$2.09kWorld Rnk 108 / 138
Flag Rnk 96 / 96
2022
PRODUCT COMPLEXITY IN Silk
0.43Rnk 394 / 1025
2022
Imports
$1.05MWorld Rnk 75 / 196
Flag Rnk 89 / 96
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $2.09k in Silk, making it the 108th largest exporter of Silk in the world. At the same year, Silk was the 96th most exported product in Guatemala. The main destination of Silk exports from Guatemala are: United States ($1.11k), Austria ($861), Honduras ($60), El Salvador ($43), and Nicaragua ($12).

The fastest growing export markets for Silk of Guatemala between 2021 and 2022 were Austria ($861), El Salvador ($43), and Honduras ($21).

Imports In 2022, Guatemala imported $1.05M in Silk, becoming the 75th largest importer of Silk in the world. At the same year, Silk was the 89th most imported product in Guatemala. Guatemala imports Silk primarily from: China ($746k), India ($49.8k), Japan ($47.2k), Panama ($46.8k), and United States ($44.3k).

The fastest growing import markets in Silk for Guatemala between 2021 and 2022 were China ($378k), India ($49.6k), and Panama ($37.7k).

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. 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)$2.09k
IMPORTS (2022)$1.05M
NET TRADE (2022)-$1.05M

In 2022, Guatemala exported $2.09k in Silk. The main destinations of Guatemala exports on Silk were United States ($1.11k), Austria ($861), Honduras ($60), El Salvador ($43), and Nicaragua ($12).

In 2022, Guatemala imported $1.05M in Silk, mainly from China ($746k), India ($49.8k), Japan ($47.2k), Panama ($46.8k), and United States ($44.3k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Silk EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Austria$861 (1%)
El Salvador$43 (1%)
Honduras$21 (53.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk BY Guatemala WERE (2021 - 2022):
Norway-$985 (-100%)
Nicaragua-$189 (-94%)
United States-$183 (-14.2%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Silk were:
In 2022, Guatemala's main importing competitors in Silk were:
Italy $323M
India $305M

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Trade Value of Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.63k
TOP IMPORT POTENTIALItaly+ $13.7k

Silk’s highest export potential is United States. With an export gap of $2.63k.   Silk’s highest import potential is Italy with an import gap of $13.7k.

See methodology.

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