2023
Exports
$112kWorld Rnk 80 / 196
Flag Rnk 718 / 1091
2023
PRODUCT COMPLEXITY IN Wrenches
1.5Rnk 44 / 1025
2023
Imports
$7.78MWorld Rnk 65 / 221
Flag Rnk 434 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $112k in Wrenches, making it the 80th largest exporter of Wrenches in the world. At the same year, Wrenches was the 718th most exported product in Guatemala. The main destination of Wrenches exports from Guatemala are: El Salvador ($55.4k), Venezuela ($20.6k), Honduras ($12k), Nicaragua ($10.8k), and Chile ($4.86k).

The fastest growing export markets for Wrenches of Guatemala between 2022 and 2023 were Venezuela ($11.6k), Ecuador ($2.38k), and Guyana ($1.96k).

Imports In 2023, Guatemala imported $7.78M in Wrenches, becoming the 65th largest importer of Wrenches in the world. At the same year, Wrenches was the 434th most imported product in Guatemala. Guatemala imports Wrenches primarily from: China ($4.38M), Chinese Taipei ($1.18M), United States ($1.14M), Mexico ($315k), and India ($238k).

The fastest growing import markets in Wrenches for Guatemala between 2022 and 2023 were United States ($179k), Mexico ($141k), and Vietnam ($61.3k).

Latest Trends

Jan 2025

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 Wrenches. 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 (2023)$112k
IMPORTS (2023)$7.78M
NET TRADE (2023)-$7.67M

In 2023, Guatemala exported $112k in Wrenches. The main destinations of Guatemala exports on Wrenches were El Salvador ($55.4k), Venezuela ($20.6k), Honduras ($12k), Nicaragua ($10.8k), and Chile ($4.86k).

In 2023, Guatemala imported $7.78M in Wrenches, mainly from China ($4.38M), Chinese Taipei ($1.18M), United States ($1.14M), Mexico ($315k), and India ($238k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Venezuela$11.6k (128%)
Ecuador$2.38k (813%)
Guyana$1.96k (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Guatemala WERE (2022 - 2023):
El Salvador-$158k (-74%)
Honduras-$40.1k (-77%)
Costa Rica-$14.5k (-92.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Wrenches were:
In 2023, Guatemala's main importing competitors in Wrenches were:

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $20.2k
TOP IMPORT POTENTIALIndia+ $206k

Wrenches’s highest export potential is Mexico. With an export gap of $20.2k.   Wrenches’s highest import potential is India with an import gap of $206k.

See methodology.

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