2022
Exports
$208kWorld Rnk 71 / 130
Flag Rnk 662 / 1099
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$6.06MWorld Rnk 73 / 214
Flag Rnk 473 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $208k in Refractory Cements, making it the 71st largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 662nd most exported product in Guatemala. The main destination of Refractory Cements exports from Guatemala are: Honduras ($87k), Costa Rica ($40.2k), El Salvador ($39.7k), Panama ($21.8k), and Nicaragua ($13.5k).

The fastest growing export markets for Refractory Cements of Guatemala between 2021 and 2022 were Costa Rica ($37.2k), Panama ($21.8k), and El Salvador ($3.65k).

Imports In 2022, Guatemala imported $6.06M in Refractory Cements, becoming the 73rd largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 473rd most imported product in Guatemala. Guatemala imports Refractory Cements primarily from: Mexico ($2.17M), Spain ($1.49M), Austria ($838k), United States ($544k), and Colombia ($451k).

The fastest growing import markets in Refractory Cements for Guatemala between 2021 and 2022 were Austria ($499k), Spain ($391k), and Colombia ($371k).

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 Refractory Cements. 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)$208k
IMPORTS (2022)$6.06M
NET TRADE (2022)-$5.85M

In 2022, Guatemala exported $208k in Refractory Cements. The main destinations of Guatemala exports on Refractory Cements were Honduras ($87k), Costa Rica ($40.2k), El Salvador ($39.7k), Panama ($21.8k), and Nicaragua ($13.5k).

In 2022, Guatemala imported $6.06M in Refractory Cements, mainly from Mexico ($2.17M), Spain ($1.49M), Austria ($838k), United States ($544k), and Colombia ($451k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Costa Rica$37.2k (1.26k%)
Panama$21.8k (1%)
El Salvador$3.65k (10.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Guatemala WERE (2021 - 2022):
Honduras-$65.9k (-43.1%)
Nicaragua-$30.7k (-69.5%)
Mexico-$5.79k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEl Salvador+ $9.38k
TOP IMPORT POTENTIALUnited States+ $253k

Refractory Cements’s highest export potential is El Salvador. With an export gap of $9.38k.   Refractory Cements’s highest import potential is United States with an import gap of $253k.

See methodology.

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