2022
Exports
$3.89MWorld Rnk 82 / 224
Flag Rnk 264 / 1099
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$75.7MWorld Rnk 85 / 224
Flag Rnk 82 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $3.89M in Valves, making it the 82nd largest exporter of Valves in the world. At the same year, Valves was the 264th most exported product in Guatemala. The main destination of Valves exports from Guatemala are: Honduras ($1.1M), El Salvador ($1.05M), Nicaragua ($698k), Costa Rica ($334k), and United States ($229k).

The fastest growing export markets for Valves of Guatemala between 2021 and 2022 were El Salvador ($266k), Honduras ($108k), and United States ($90.9k).

Imports In 2022, Guatemala imported $75.7M in Valves, becoming the 85th largest importer of Valves in the world. At the same year, Valves was the 82nd most imported product in Guatemala. Guatemala imports Valves primarily from: China ($28.2M), United States ($19.1M), Mexico ($8.93M), Spain ($3.06M), and Germany ($2.93M).

The fastest growing import markets in Valves for Guatemala between 2021 and 2022 were China ($6.44M), United States ($3.91M), and Germany ($753k).

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 Valves. 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)$3.89M
IMPORTS (2022)$75.7M
NET TRADE (2022)-$71.8M

In 2022, Guatemala exported $3.89M in Valves. The main destinations of Guatemala exports on Valves were Honduras ($1.1M), El Salvador ($1.05M), Nicaragua ($698k), Costa Rica ($334k), and United States ($229k).

In 2022, Guatemala imported $75.7M in Valves, mainly from China ($28.2M), United States ($19.1M), Mexico ($8.93M), Spain ($3.06M), and Germany ($2.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$266k (33.9%)
Honduras$108k (10.8%)
United States$90.9k (65.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Guatemala WERE (2021 - 2022):
Panama-$138k (-62.6%)
Belize-$120k (-60.4%)
Nicaragua-$92.8k (-11.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $809k
TOP IMPORT POTENTIALChina+ $9.52M

Valves’s highest export potential is United States. With an export gap of $809k.   Valves’s highest import potential is China with an import gap of $9.52M.

See methodology.

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