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Exports In 2022, Guatemala exported $123k in Wool Grease, making it the 36th largest exporter of Wool Grease in the world. At the same year, Wool Grease was the 721st most exported product in Guatemala. The main destination of Wool Grease exports from Guatemala are: Honduras ($62.1k), Costa Rica ($31.7k), El Salvador ($19.7k), Dominican Republic ($7.51k), and Nicaragua ($1.52k).

The fastest growing export markets for Wool Grease of Guatemala between 2021 and 2022 were Honduras ($12.9k), Nicaragua ($1.14k), and Belize ($125).

Imports In 2022, Guatemala imported $208k in Wool Grease, becoming the 67th largest importer of Wool Grease in the world. At the same year, Wool Grease was the 959th most imported product in Guatemala. Guatemala imports Wool Grease primarily from: Belgium ($116k), Japan ($36k), China ($32.4k), Australia ($12.9k), and Brazil ($8.96k).

The fastest growing import markets in Wool Grease for Guatemala between 2021 and 2022 were Australia ($12.9k), Brazil ($8.96k), and Belgium ($6.95k).

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 Wool Grease. 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)$123k
IMPORTS (2022)$208k
NET TRADE (2022)-$85.5k

In 2022, Guatemala exported $123k in Wool Grease. The main destinations of Guatemala exports on Wool Grease were Honduras ($62.1k), Costa Rica ($31.7k), El Salvador ($19.7k), Dominican Republic ($7.51k), and Nicaragua ($1.52k).

In 2022, Guatemala imported $208k in Wool Grease, mainly from Belgium ($116k), Japan ($36k), China ($32.4k), Australia ($12.9k), and Brazil ($8.96k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool Grease EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$12.9k (26.2%)
Nicaragua$1.14k (304%)
Belize$125 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool Grease BY Guatemala WERE (2021 - 2022):
Dominican Republic-$26.8k (-78.1%)
Costa Rica-$8.37k (-20.9%)
El Salvador-$6.71k (-25.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Wool Grease were:
In 2022, Guatemala's main importing competitors in Wool Grease were:

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Trade Value of Wool Grease by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.02k
TOP IMPORT POTENTIALChina+ $20.7k

Wool Grease’s highest export potential is United States. With an export gap of $1.02k.   Wool Grease’s highest import potential is China with an import gap of $20.7k.

See methodology.

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