2022
Exports
$353kWorld Rnk 78 / 213
Flag Rnk 587 / 1099
2022
PRODUCT COMPLEXITY IN Gaskets
1.44Rnk 64 / 1025
2022
Imports
$14.4MWorld Rnk 56 / 220
Flag Rnk 307 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $353k in Gaskets, making it the 78th largest exporter of Gaskets in the world. At the same year, Gaskets was the 587th most exported product in Guatemala. The main destination of Gaskets exports from Guatemala are: Honduras ($201k), Mexico ($43.9k), El Salvador ($43.5k), Nicaragua ($30.6k), and Belize ($23.8k).

The fastest growing export markets for Gaskets of Guatemala between 2021 and 2022 were Honduras ($92.2k), Mexico ($29.7k), and Nicaragua ($12.9k).

Imports In 2022, Guatemala imported $14.4M in Gaskets, becoming the 56th largest importer of Gaskets in the world. At the same year, Gaskets was the 307th most imported product in Guatemala. Guatemala imports Gaskets primarily from: United States ($3.66M), Chinese Taipei ($2.41M), China ($1.9M), Spain ($1.16M), and Peru ($940k).

The fastest growing import markets in Gaskets for Guatemala between 2021 and 2022 were China ($843k), Japan ($344k), and Spain ($249k).

Latest Trends

Sep 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 Gaskets. 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)$353k
IMPORTS (2022)$14.4M
NET TRADE (2022)-$14.1M

In 2022, Guatemala exported $353k in Gaskets. The main destinations of Guatemala exports on Gaskets were Honduras ($201k), Mexico ($43.9k), El Salvador ($43.5k), Nicaragua ($30.6k), and Belize ($23.8k).

In 2022, Guatemala imported $14.4M in Gaskets, mainly from United States ($3.66M), Chinese Taipei ($2.41M), China ($1.9M), Spain ($1.16M), and Peru ($940k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$92.2k (84.6%)
Mexico$29.7k (209%)
Nicaragua$12.9k (72.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Guatemala WERE (2021 - 2022):
United States-$18.1k (-81.6%)
Costa Rica-$8.14k (-73%)
Panama-$7.4k (-95.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $93.8k
TOP IMPORT POTENTIALMexico+ $778k

Gaskets’s highest export potential is Mexico. With an export gap of $93.8k.   Gaskets’s highest import potential is Mexico with an import gap of $778k.

See methodology.

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