2022
Exports
$1.4MWorld Rnk 79 / 187
Flag Rnk 387 / 1099
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$59MWorld Rnk 66 / 213
Flag Rnk 103 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.4M in Rubberworking Machinery, making it the 79th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 387th most exported product in Guatemala. The main destination of Rubberworking Machinery exports from Guatemala are: El Salvador ($712k), Mexico ($431k), Colombia ($84.5k), Panama ($39.8k), and Nicaragua ($38.2k).

The fastest growing export markets for Rubberworking Machinery of Guatemala between 2021 and 2022 were El Salvador ($669k), Mexico ($409k), and Colombia ($76.6k).

Imports In 2022, Guatemala imported $59M in Rubberworking Machinery, becoming the 66th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 103rd most imported product in Guatemala. Guatemala imports Rubberworking Machinery primarily from: China ($10.2M), Germany ($7.81M), Austria ($5.93M), Italy ($5.93M), and United States ($4.25M).

The fastest growing import markets in Rubberworking Machinery for Guatemala between 2021 and 2022 were Indonesia ($4.17M), Canada ($3.14M), and Germany ($2.21M).

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 Rubberworking Machinery. 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)$1.4M
IMPORTS (2022)$59M
NET TRADE (2022)-$57.6M

In 2022, Guatemala exported $1.4M in Rubberworking Machinery. The main destinations of Guatemala exports on Rubberworking Machinery were El Salvador ($712k), Mexico ($431k), Colombia ($84.5k), Panama ($39.8k), and Nicaragua ($38.2k).

In 2022, Guatemala imported $59M in Rubberworking Machinery, mainly from China ($10.2M), Germany ($7.81M), Austria ($5.93M), Italy ($5.93M), and United States ($4.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$669k (1.54k%)
Mexico$409k (1.87k%)
Colombia$76.6k (979%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Guatemala WERE (2021 - 2022):
Honduras-$175k (-88.9%)
Italy-$124k (-100%)
Panama-$38.2k (-49%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Guatemala's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $645k
TOP IMPORT POTENTIALChina+ $4.38M

Rubberworking Machinery’s highest export potential is Mexico. With an export gap of $645k.   Rubberworking Machinery’s highest import potential is China with an import gap of $4.38M.

See methodology.

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