2022
Exports
$4.91MWorld Rnk 56 / 152
Flag Rnk 239 / 1099
2022
PRODUCT COMPLEXITY IN Monofilament
0.32Rnk 437 / 1025
2022
Imports
$42.1MWorld Rnk 45 / 218
Flag Rnk 142 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $4.91M in Monofilament, making it the 56th largest exporter of Monofilament in the world. At the same year, Monofilament was the 239th most exported product in Guatemala. The main destination of Monofilament exports from Guatemala are: Honduras ($1.89M), El Salvador ($1.38M), Costa Rica ($716k), Mexico ($346k), and Nicaragua ($220k).

The fastest growing export markets for Monofilament of Guatemala between 2021 and 2022 were Costa Rica ($556k), Honduras ($540k), and El Salvador ($535k).

Imports In 2022, Guatemala imported $42.1M in Monofilament, becoming the 45th largest importer of Monofilament in the world. At the same year, Monofilament was the 142nd most imported product in Guatemala. Guatemala imports Monofilament primarily from: China ($31M), Mexico ($2.45M), United States ($2.26M), Spain ($1.81M), and Hong Kong ($1.76M).

The fastest growing import markets in Monofilament for Guatemala between 2021 and 2022 were China ($5.69M), Hong Kong ($1.29M), and Germany ($919k).

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 Monofilament. 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)$4.91M
IMPORTS (2022)$42.1M
NET TRADE (2022)-$37.2M

In 2022, Guatemala exported $4.91M in Monofilament. The main destinations of Guatemala exports on Monofilament were Honduras ($1.89M), El Salvador ($1.38M), Costa Rica ($716k), Mexico ($346k), and Nicaragua ($220k).

In 2022, Guatemala imported $42.1M in Monofilament, mainly from China ($31M), Mexico ($2.45M), United States ($2.26M), Spain ($1.81M), and Hong Kong ($1.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Monofilament EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Costa Rica$556k (349%)
Honduras$540k (40.1%)
El Salvador$535k (63.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Monofilament BY Guatemala WERE (2021 - 2022):
Philippines-$1.68M (-100%)
Mexico-$33.1k (-8.73%)
China-$2.37k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Monofilament by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMexico+ $445k
TOP IMPORT POTENTIALGermany+ $1.12M

Monofilament’s highest export potential is Mexico. With an export gap of $445k.   Monofilament’s highest import potential is Germany with an import gap of $1.12M.

See methodology.

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