2023
Exports
$233kWorld Rnk 63 / 123
Flag Rnk 625 / 1091
2023
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.55Rnk 36 / 1025
2023
Imports
$24.3MWorld Rnk 19 / 183
Flag Rnk 227 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $233k in Textile Fiber Machinery, making it the 63rd largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 625th most exported product in Guatemala. The main destination of Textile Fiber Machinery exports from Guatemala are: Dominican Republic ($164k), El Salvador ($27.1k), Honduras ($20.2k), Mexico ($14.7k), and Venezuela ($2.34k).

The fastest growing export markets for Textile Fiber Machinery of Guatemala between 2022 and 2023 were Dominican Republic ($164k), El Salvador ($26.6k), and Honduras ($19.8k).

Imports In 2023, Guatemala imported $24.3M in Textile Fiber Machinery, becoming the 19th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 227th most imported product in Guatemala. Guatemala imports Textile Fiber Machinery primarily from: Japan ($6.72M), India ($5.61M), China ($4.67M), Spain ($2.1M), and Switzerland ($2M).

The fastest growing import markets in Textile Fiber Machinery for Guatemala between 2022 and 2023 were Japan ($3.37M), Switzerland ($1.92M), and Spain ($977k).

Latest Trends

Jan 2025

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 Textile Fiber Machinery. 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)$233k
IMPORTS (2023)$24.3M
NET TRADE (2023)-$24M

In 2023, Guatemala exported $233k in Textile Fiber Machinery. The main destinations of Guatemala exports on Textile Fiber Machinery were Dominican Republic ($164k), El Salvador ($27.1k), Honduras ($20.2k), Mexico ($14.7k), and Venezuela ($2.34k).

In 2023, Guatemala imported $24.3M in Textile Fiber Machinery, mainly from Japan ($6.72M), India ($5.61M), China ($4.67M), Spain ($2.1M), and Switzerland ($2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
El Salvador$26.6k (5.32k%)
Honduras$19.8k (4.77k%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Textile Fiber Machinery were:
In 2023, Guatemala's main importing competitors in Textile Fiber Machinery were:
China $627M
India $514M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEl Salvador+ $1.53k
TOP IMPORT POTENTIALGermany+ $590k

Textile Fiber Machinery’s highest export potential is El Salvador. With an export gap of $1.53k.   Textile Fiber Machinery’s highest import potential is Germany with an import gap of $590k.

See methodology.

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