2022
Exports
$460kWorld Rnk 40 / 112
Flag Rnk 547 / 1099
2022
PRODUCT COMPLEXITY IN Soapstone
-0.16Rnk 602 / 1025
2022
Imports
$759kWorld Rnk 77 / 195
Flag Rnk 803 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $460k in Soapstone, making it the 40th largest exporter of Soapstone in the world. At the same year, Soapstone was the 547th most exported product in Guatemala. The main destination of Soapstone exports from Guatemala are: El Salvador ($123k), Costa Rica ($110k), Nicaragua ($75.5k), Dominican Republic ($58.9k), and Panama ($34.5k).

The fastest growing export markets for Soapstone of Guatemala between 2021 and 2022 were Panama ($34.5k), Paraguay ($26.6k), and Costa Rica ($18.4k).

Imports In 2022, Guatemala imported $759k in Soapstone, becoming the 77th largest importer of Soapstone in the world. At the same year, Soapstone was the 803rd most imported product in Guatemala. Guatemala imports Soapstone primarily from: United States ($184k), China ($167k), Colombia ($143k), Mexico ($111k), and Panama ($50.6k).

The fastest growing import markets in Soapstone for Guatemala between 2021 and 2022 were United States ($143k), Colombia ($72.8k), and Panama ($50.6k).

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 Soapstone. 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)$460k
IMPORTS (2022)$759k
NET TRADE (2022)-$299k

In 2022, Guatemala exported $460k in Soapstone. The main destinations of Guatemala exports on Soapstone were El Salvador ($123k), Costa Rica ($110k), Nicaragua ($75.5k), Dominican Republic ($58.9k), and Panama ($34.5k).

In 2022, Guatemala imported $759k in Soapstone, mainly from United States ($184k), China ($167k), Colombia ($143k), Mexico ($111k), and Panama ($50.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Panama$34.5k (1%)
Paraguay$26.6k (1%)
Costa Rica$18.4k (19.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY Guatemala WERE (2021 - 2022):
Honduras-$91.8k (-74.7%)
Dominican Republic-$43k (-42.2%)
El Salvador-$41.1k (-25%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soapstone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $1.58k
TOP IMPORT POTENTIALChina+ $70.2k

Soapstone’s highest export potential is Mexico. With an export gap of $1.58k.   Soapstone’s highest import potential is China with an import gap of $70.2k.

See methodology.

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