2022
Exports
$8.36kWorld Rnk 111 / 160
Flag Rnk 939 / 1099
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$1.13MWorld Rnk 90 / 212
Flag Rnk 759 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $8.36k in Metalworking Machines, making it the 111th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 939th most exported product in Guatemala. The main destination of Metalworking Machines exports from Guatemala are: El Salvador ($6.32k) and United States ($2.04k).

The fastest growing export markets for Metalworking Machines of Guatemala between 2021 and 2022 were United States ($1.04k).

Imports In 2022, Guatemala imported $1.13M in Metalworking Machines, becoming the 90th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 759th most imported product in Guatemala. Guatemala imports Metalworking Machines primarily from: China ($638k), India ($172k), United States ($132k), Mexico ($60.8k), and Germany ($47.1k).

The fastest growing import markets in Metalworking Machines for Guatemala between 2021 and 2022 were India ($36.4k), Chinese Taipei ($19.9k), and Germany ($19.1k).

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 Metalworking Machines. 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)$8.36k
IMPORTS (2022)$1.13M
NET TRADE (2022)-$1.13M

In 2022, Guatemala exported $8.36k in Metalworking Machines. The main destinations of Guatemala exports on Metalworking Machines were El Salvador ($6.32k) and United States ($2.04k).

In 2022, Guatemala imported $1.13M in Metalworking Machines, mainly from China ($638k), India ($172k), United States ($132k), Mexico ($60.8k), and Germany ($47.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):United States$1.04k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Guatemala WERE (2021 - 2022):
El Salvador-$6.25k (-49.7%)
Nicaragua-$1.95k (-100%)
Belize-$201 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.47k
TOP IMPORT POTENTIALChina+ $98.2k

Metalworking Machines’s highest export potential is United States. With an export gap of $5.47k.   Metalworking Machines’s highest import potential is China with an import gap of $98.2k.

See methodology.

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