2023
Exports
$12kWorld Rnk 116 / 136
Flag Rnk 931 / 1091
2023
PRODUCT COMPLEXITY IN Silver
-0.85Rnk 794 / 1025
2023
Imports
$300kWorld Rnk 101 / 179
Flag Rnk 913 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $12k in Silver, making it the 116th largest exporter of Silver in the world. At the same year, Silver was the 931st most exported product in Guatemala. The main destination of Silver exports from Guatemala are: United States ($7.32k), Honduras ($2.59k), Dominican Republic ($937), Belize ($626), and Nicaragua ($497).

The fastest growing export markets for Silver of Guatemala between 2022 and 2023 were United States ($7.32k), Honduras ($2.46k), and Dominican Republic ($937).

Imports In 2023, Guatemala imported $300k in Silver, becoming the 101st largest importer of Silver in the world. At the same year, Silver was the 913th most imported product in Guatemala. Guatemala imports Silver primarily from: United States ($221k), Mexico ($36.6k), China ($28k), Italy ($6.86k), and Dominican Republic ($4.15k).

The fastest growing import markets in Silver for Guatemala between 2022 and 2023 were Mexico ($11.1k), Italy ($4.8k), and Dominican Republic ($4.15k).

Latest Trends

Dec 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 Silver. 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 (2023)$12k
IMPORTS (2023)$300k
NET TRADE (2023)-$288k

In 2023, Guatemala exported $12k in Silver. The main destinations of Guatemala exports on Silver were United States ($7.32k), Honduras ($2.59k), Dominican Republic ($937), Belize ($626), and Nicaragua ($497).

In 2023, Guatemala imported $300k in Silver, mainly from United States ($221k), Mexico ($36.6k), China ($28k), Italy ($6.86k), and Dominican Republic ($4.15k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
United States$7.32k (1%)
Honduras$2.46k (1.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Guatemala WERE (2022 - 2023):
El Salvador-$732 (-100%)
Nicaragua-$697 (-58.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Silver were:
In 2023, Guatemala's main importing competitors in Silver were:

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.19k
TOP IMPORT POTENTIALUnited States+ $146k

Silver’s highest export potential is United States. With an export gap of $1.19k.   Silver’s highest import potential is United States with an import gap of $146k.

See methodology.

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