2022
Exports
$49MWorld Rnk 29 / 186
Flag Rnk 70 / 1099
2022
PRODUCT COMPLEXITY IN Wood Crates
0.3Rnk 451 / 1025
2022
Imports
$16.9MWorld Rnk 41 / 216
Flag Rnk 288 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $49M in Wood Crates, making it the 29th largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 70th most exported product in Guatemala. The main destination of Wood Crates exports from Guatemala are: United States ($25.1M), Honduras ($16.2M), El Salvador ($3.77M), Mexico ($2.1M), and Guatemala ($1.19M).

The fastest growing export markets for Wood Crates of Guatemala between 2021 and 2022 were United States ($9.11M), Honduras ($7.78M), and Guatemala ($786k).

Imports In 2022, Guatemala imported $16.9M in Wood Crates, becoming the 41st largest importer of Wood Crates in the world. At the same year, Wood Crates was the 288th most imported product in Guatemala. Guatemala imports Wood Crates primarily from: Costa Rica ($10.2M), Nicaragua ($2.35M), Honduras ($1.93M), Guatemala ($1.19M), and United States ($330k).

The fastest growing import markets in Wood Crates for Guatemala between 2021 and 2022 were Costa Rica ($7.53M), Nicaragua ($1.74M), and Honduras ($1.1M).

COMPANIES In 2023, leading companies such as Costco Wholesale (1) were at the forefront of shipping Wood Crates from Guatemala to the United States.

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 Wood Crates. 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)$49M
IMPORTS (2022)$16.9M
NET TRADE (2022)$32.1M

In 2022, Guatemala exported $49M in Wood Crates. The main destinations of Guatemala exports on Wood Crates were United States ($25.1M), Honduras ($16.2M), El Salvador ($3.77M), Mexico ($2.1M), and Guatemala ($1.19M).

In 2022, Guatemala imported $16.9M in Wood Crates, mainly from Costa Rica ($10.2M), Nicaragua ($2.35M), Honduras ($1.93M), Guatemala ($1.19M), and United States ($330k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$9.11M (56.9%)
Honduras$7.78M (92.1%)
Guatemala$786k (194%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY Guatemala WERE (2021 - 2022):
Panama-$592k (-99.7%)
Costa Rica-$370k (-56.3%)
Mexico-$317k (-13.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Wood Crates were:
In 2022, Guatemala's main importing competitors in Wood Crates were:

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $1.81M
TOP IMPORT POTENTIALUnited States+ $225k

Wood Crates’s highest export potential is Mexico. With an export gap of $1.81M.   Wood Crates’s highest import potential is United States with an import gap of $225k.

See methodology.

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