2022
Exports
$941kWorld Rnk 39 / 146
Flag Rnk 450 / 1099
2022
PRODUCT COMPLEXITY IN Hydraulic Brake Fluid
0.39Rnk 411 / 1025
2022
Imports
$3.72MWorld Rnk 61 / 216
Flag Rnk 563 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $941k in Hydraulic Brake Fluid, making it the 39th largest exporter of Hydraulic Brake Fluid in the world. At the same year, Hydraulic Brake Fluid was the 450th most exported product in Guatemala. The main destination of Hydraulic Brake Fluid exports from Guatemala are: Nicaragua ($524k), Dominican Republic ($187k), Honduras ($162k), El Salvador ($40.6k), and Costa Rica ($25.2k).

The fastest growing export markets for Hydraulic Brake Fluid of Guatemala between 2021 and 2022 were Nicaragua ($103k), Costa Rica ($15.7k), and Belize ($1.95k).

Imports In 2022, Guatemala imported $3.72M in Hydraulic Brake Fluid, becoming the 61st largest importer of Hydraulic Brake Fluid in the world. At the same year, Hydraulic Brake Fluid was the 563rd most imported product in Guatemala. Guatemala imports Hydraulic Brake Fluid primarily from: United States ($2.3M), Germany ($466k), Mexico ($389k), Italy ($118k), and India ($114k).

The fastest growing import markets in Hydraulic Brake Fluid for Guatemala between 2021 and 2022 were United States ($328k), Mexico ($158k), and Italy ($116k).

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 Hydraulic Brake Fluid. 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)$941k
IMPORTS (2022)$3.72M
NET TRADE (2022)-$2.78M

In 2022, Guatemala exported $941k in Hydraulic Brake Fluid. The main destinations of Guatemala exports on Hydraulic Brake Fluid were Nicaragua ($524k), Dominican Republic ($187k), Honduras ($162k), El Salvador ($40.6k), and Costa Rica ($25.2k).

In 2022, Guatemala imported $3.72M in Hydraulic Brake Fluid, mainly from United States ($2.3M), Germany ($466k), Mexico ($389k), Italy ($118k), and India ($114k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Brake Fluid EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Nicaragua$103k (24.5%)
Costa Rica$15.7k (166%)
Belize$1.95k (342%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Brake Fluid BY Guatemala WERE (2021 - 2022):
Honduras-$72.7k (-30.9%)
Dominican Republic-$63.5k (-25.4%)
El Salvador-$4.07k (-9.11%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Hydraulic Brake Fluid were:
In 2022, Guatemala's main importing competitors in Hydraulic Brake Fluid were:
Germany $75.7M
France $63.9M
China $53.1M

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Trade Value of Hydraulic Brake Fluid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEl Salvador+ $16.5k
TOP IMPORT POTENTIALGermany+ $117k

Hydraulic Brake Fluid’s highest export potential is El Salvador. With an export gap of $16.5k.   Hydraulic Brake Fluid’s highest import potential is Germany with an import gap of $117k.

See methodology.

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