2022
Exports
$303kWorld Rnk 82 / 183
Flag Rnk 616 / 1099
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances
0.48Rnk 372 / 1025
2022
Imports
$11.3MWorld Rnk 74 / 221
Flag Rnk 348 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $303k in Therapeutic Appliances, making it the 82nd largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 616th most exported product in Guatemala. The main destination of Therapeutic Appliances exports from Guatemala are: Honduras ($185k), El Salvador ($79.5k), Nicaragua ($17k), Panama ($7.77k), and Costa Rica ($7.16k).

The fastest growing export markets for Therapeutic Appliances of Guatemala between 2021 and 2022 were El Salvador ($22.8k), Switzerland ($4.31k), and Costa Rica ($2.36k).

Imports In 2022, Guatemala imported $11.3M in Therapeutic Appliances, becoming the 74th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 348th most imported product in Guatemala. Guatemala imports Therapeutic Appliances primarily from: China ($4.1M), United States ($3.93M), Germany ($644k), New Zealand ($505k), and Mexico ($376k).

The fastest growing import markets in Therapeutic Appliances for Guatemala between 2021 and 2022 were Germany ($366k), Malaysia ($299k), and Costa Rica ($228k).

Latest Trends

Nov 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 Therapeutic Appliances. 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)$303k
IMPORTS (2022)$11.3M
NET TRADE (2022)-$11M

In 2022, Guatemala exported $303k in Therapeutic Appliances. The main destinations of Guatemala exports on Therapeutic Appliances were Honduras ($185k), El Salvador ($79.5k), Nicaragua ($17k), Panama ($7.77k), and Costa Rica ($7.16k).

In 2022, Guatemala imported $11.3M in Therapeutic Appliances, mainly from China ($4.1M), United States ($3.93M), Germany ($644k), New Zealand ($505k), and Mexico ($376k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$22.8k (40.1%)
Switzerland$4.31k (1%)
Costa Rica$2.36k (49.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Guatemala WERE (2021 - 2022):
Panama-$72.1k (-90.3%)
Nicaragua-$26.3k (-60.7%)
Belize-$17.2k (-96.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Therapeutic Appliances were:
In 2022, Guatemala's main importing competitors in Therapeutic Appliances were:

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSwitzerland+ $10.3k
TOP IMPORT POTENTIALChina+ $1.85M

Therapeutic Appliances’s highest export potential is Switzerland. With an export gap of $10.3k.   Therapeutic Appliances’s highest import potential is China with an import gap of $1.85M.

See methodology.

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