2023
Exports
$501World Rnk 92 / 103
Flag Rnk 1050 / 1091
2023
PRODUCT COMPLEXITY IN Stainless Steel Ingots
1.04Rnk 163 / 1025
2023
Imports
$463kWorld Rnk 64 / 173
Flag Rnk 864 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $501 in Stainless Steel Ingots, making it the 92nd largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 1050th most exported product in Guatemala. The main destination of Stainless Steel Ingots exports from Guatemala are: Honduras ($341) and Nicaragua ($160).

The fastest growing export markets for Stainless Steel Ingots of Guatemala between 2022 and 2023 were Honduras ($315) and Nicaragua ($160).

Imports In 2023, Guatemala imported $463k in Stainless Steel Ingots, becoming the 64th largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 864th most imported product in Guatemala. Guatemala imports Stainless Steel Ingots primarily from: China ($219k), United States ($113k), Turkey ($99.7k), Germany ($26k), and Spain ($4.25k).

The fastest growing import markets in Stainless Steel Ingots for Guatemala between 2022 and 2023 were China ($54.1k), Germany ($13.1k), and Spain ($4.25k).

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 Stainless Steel Ingots. 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)$501
IMPORTS (2023)$463k
NET TRADE (2023)-$463k

In 2023, Guatemala exported $501 in Stainless Steel Ingots. The main destinations of Guatemala exports on Stainless Steel Ingots were Honduras ($341) and Nicaragua ($160).

In 2023, Guatemala imported $463k in Stainless Steel Ingots, mainly from China ($219k), United States ($113k), Turkey ($99.7k), Germany ($26k), and Spain ($4.25k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Honduras$315 (1.21k%)
Nicaragua$160 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Guatemala WERE (2022 - 2023):El Salvador-$893 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Stainless Steel Ingots were:
In 2023, Guatemala's main importing competitors in Stainless Steel Ingots were:
India $1.42B
China $1.25B

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Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $852
TOP IMPORT POTENTIALUnited States+ $19.4k

Stainless Steel Ingots’s highest export potential is China. With an export gap of $852.   Stainless Steel Ingots’s highest import potential is United States with an import gap of $19.4k.

See methodology.

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