2022
Exports
$5.63MWorld Rnk 43 / 170
Flag Rnk 230 / 1099
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents
-0.03Rnk 556 / 1025
2022
Imports
$8.78MWorld Rnk 66 / 220
Flag Rnk 401 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $5.63M in Organic Composite Solvents, making it the 43rd largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 230th most exported product in Guatemala. The main destination of Organic Composite Solvents exports from Guatemala are: Nicaragua ($1.9M), Panama ($1.19M), El Salvador ($984k), Costa Rica ($730k), and Honduras ($631k).

The fastest growing export markets for Organic Composite Solvents of Guatemala between 2021 and 2022 were Panama ($711k), Nicaragua ($583k), and Costa Rica ($219k).

Imports In 2022, Guatemala imported $8.78M in Organic Composite Solvents, becoming the 66th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 401st most imported product in Guatemala. Guatemala imports Organic Composite Solvents primarily from: Mexico ($4.02M), United States ($1.67M), El Salvador ($735k), China ($546k), and Costa Rica ($437k).

The fastest growing import markets in Organic Composite Solvents for Guatemala between 2021 and 2022 were Mexico ($1.05M), China ($234k), and El Salvador ($180k).

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 Organic Composite Solvents. 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)$5.63M
IMPORTS (2022)$8.78M
NET TRADE (2022)-$3.15M

In 2022, Guatemala exported $5.63M in Organic Composite Solvents. The main destinations of Guatemala exports on Organic Composite Solvents were Nicaragua ($1.9M), Panama ($1.19M), El Salvador ($984k), Costa Rica ($730k), and Honduras ($631k).

In 2022, Guatemala imported $8.78M in Organic Composite Solvents, mainly from Mexico ($4.02M), United States ($1.67M), El Salvador ($735k), China ($546k), and Costa Rica ($437k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Panama$711k (150%)
Nicaragua$583k (44.3%)
Costa Rica$219k (42.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Guatemala WERE (2021 - 2022):
El Salvador-$419k (-29.9%)
Cuba-$8.05k (-100%)
Mexico-$2.31k (-85.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Organic Composite Solvents were:
In 2022, Guatemala's main importing competitors in Organic Composite Solvents were:

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $193k
TOP IMPORT POTENTIALUnited States+ $289k

Organic Composite Solvents’s highest export potential is United States. With an export gap of $193k.   Organic Composite Solvents’s highest import potential is United States with an import gap of $289k.

See methodology.

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