2022
Exports
$4.03MWorld Rnk 70 / 194
Flag Rnk 260 / 1099
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$51.9MWorld Rnk 79 / 223
Flag Rnk 119 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $4.03M in Stone Processing Machines, making it the 70th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 260th most exported product in Guatemala. The main destination of Stone Processing Machines exports from Guatemala are: United States ($1.22M), Peru ($1.17M), Honduras ($1.07M), El Salvador ($468k), and Nicaragua ($36.3k).

The fastest growing export markets for Stone Processing Machines of Guatemala between 2021 and 2022 were United States ($1.22M), Peru ($1.17M), and Honduras ($830k).

Imports In 2022, Guatemala imported $51.9M in Stone Processing Machines, becoming the 79th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 119th most imported product in Guatemala. Guatemala imports Stone Processing Machines primarily from: United States ($12.2M), Italy ($9.1M), China ($8.95M), Spain ($6.19M), and Brazil ($5.51M).

The fastest growing import markets in Stone Processing Machines for Guatemala between 2021 and 2022 were United States ($5.9M), China ($3.87M), and Brazil ($3.49M).

COMPANIES In 2023, leading companies such as EDT (Export, Development & Trade) (1) were at the forefront of shipping Stone Processing Machines from Guatemala to the United States.

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 Stone Processing Machines. 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)$4.03M
IMPORTS (2022)$51.9M
NET TRADE (2022)-$47.8M

In 2022, Guatemala exported $4.03M in Stone Processing Machines. The main destinations of Guatemala exports on Stone Processing Machines were United States ($1.22M), Peru ($1.17M), Honduras ($1.07M), El Salvador ($468k), and Nicaragua ($36.3k).

In 2022, Guatemala imported $51.9M in Stone Processing Machines, mainly from United States ($12.2M), Italy ($9.1M), China ($8.95M), Spain ($6.19M), and Brazil ($5.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$1.22M (28.2k%)
Peru$1.17M (4.7M%)
Honduras$830k (342%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Guatemala WERE (2021 - 2022):
Nicaragua-$65.3k (-64.3%)
Panama-$51.9k (-93.7%)
Mexico-$32.1k (-66.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Guatemala's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.36M
TOP IMPORT POTENTIALChina+ $3.7M

Stone Processing Machines’s highest export potential is United States. With an export gap of $1.36M.   Stone Processing Machines’s highest import potential is China with an import gap of $3.7M.

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