2022
Exports
$278kWorld Rnk 65 / 138
Flag Rnk 627 / 1099
2022
PRODUCT COMPLEXITY IN Traffic Signals
1.02Rnk 165 / 1025
2022
Imports
$1.24MWorld Rnk 100 / 210
Flag Rnk 749 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $278k in Traffic Signals, making it the 65th largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 627th most exported product in Guatemala. The main destination of Traffic Signals exports from Guatemala are: Nicaragua ($134k), El Salvador ($107k), Honduras ($23k), Mexico ($9.72k), and Dominican Republic ($2.18k).

The fastest growing export markets for Traffic Signals of Guatemala between 2021 and 2022 were El Salvador ($99.3k), Nicaragua ($62.3k), and Mexico ($9.72k).

Imports In 2022, Guatemala imported $1.24M in Traffic Signals, becoming the 100th largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 749th most imported product in Guatemala. Guatemala imports Traffic Signals primarily from: Italy ($313k), United States ($312k), China ($299k), Mexico ($79.1k), and Brazil ($59.5k).

The fastest growing import markets in Traffic Signals for Guatemala between 2021 and 2022 were Italy ($127k), China ($99.3k), and Brazil ($58.2k).

Latest Trends

Aug 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 Traffic Signals. 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)$278k
IMPORTS (2022)$1.24M
NET TRADE (2022)-$961k

In 2022, Guatemala exported $278k in Traffic Signals. The main destinations of Guatemala exports on Traffic Signals were Nicaragua ($134k), El Salvador ($107k), Honduras ($23k), Mexico ($9.72k), and Dominican Republic ($2.18k).

In 2022, Guatemala imported $1.24M in Traffic Signals, mainly from Italy ($313k), United States ($312k), China ($299k), Mexico ($79.1k), and Brazil ($59.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$99.3k (1.24k%)
Nicaragua$62.3k (86.7%)
Mexico$9.72k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY Guatemala WERE (2021 - 2022):
Costa Rica-$6.71k (-96.8%)
Belize-$532 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Traffic Signals were:
In 2022, Guatemala's main importing competitors in Traffic Signals were:

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Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $28.9k
TOP IMPORT POTENTIALChina+ $151k

Traffic Signals’s highest export potential is Mexico. With an export gap of $28.9k.   Traffic Signals’s highest import potential is China with an import gap of $151k.

See methodology.

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