2022
Exports
$1.3kWorld Rnk 107 / 142
Flag Rnk 1014 / 1099
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$207kWorld Rnk 97 / 188
Flag Rnk 961 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.3k in Tool Plates, making it the 107th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 1014th most exported product in Guatemala. The main destination of Tool Plates exports from Guatemala are: Honduras ($1.3k) and Cuba ($1).

The fastest growing export markets for Tool Plates of Guatemala between 2021 and 2022 were Honduras ($1.3k) and Cuba ($1).

Imports In 2022, Guatemala imported $207k in Tool Plates, becoming the 97th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 961st most imported product in Guatemala. Guatemala imports Tool Plates primarily from: United States ($48.7k), Spain ($38.8k), China ($16.9k), Portugal ($12.5k), and South Korea ($11.8k).

The fastest growing import markets in Tool Plates for Guatemala between 2021 and 2022 were United States ($17.8k), Sweden ($9.11k), and United Kingdom ($6.85k).

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 Tool Plates. 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)$1.3k
IMPORTS (2022)$207k
NET TRADE (2022)-$205k

In 2022, Guatemala exported $1.3k in Tool Plates. The main destinations of Guatemala exports on Tool Plates were Honduras ($1.3k) and Cuba ($1).

In 2022, Guatemala imported $207k in Tool Plates, mainly from United States ($48.7k), Spain ($38.8k), China ($16.9k), Portugal ($12.5k), and South Korea ($11.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$1.3k (1%)
Cuba$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Guatemala WERE (2021 - 2022):El Salvador-$990 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Guatemala's main importing competitors in Tool Plates were:

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $794
TOP IMPORT POTENTIALGermany+ $39k

Tool Plates’s highest export potential is United States. With an export gap of $794.   Tool Plates’s highest import potential is Germany with an import gap of $39k.

See methodology.

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