Knit Sweaters in Guatemala | The Observatory of Economic Complexity

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Exports In 2022, Guatemala exported $553M in Knit Sweaters, making it the 22nd largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 5th most exported product in Guatemala. The main destination of Knit Sweaters exports from Guatemala are: United States ($515M), Canada ($8.06M), El Salvador ($6.34M), Netherlands ($4.66M), and Germany ($3.39M).

The fastest growing export markets for Knit Sweaters of Guatemala between 2021 and 2022 were United States ($118M), El Salvador ($5.26M), and Germany ($3.07M).

Imports In 2022, Guatemala imported $34.5M in Knit Sweaters, becoming the 78th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 167th most imported product in Guatemala. Guatemala imports Knit Sweaters primarily from: China ($9.75M), El Salvador ($5.43M), Mexico ($4.03M), United States ($3.05M), and Spain ($2.34M).

The fastest growing import markets in Knit Sweaters for Guatemala between 2021 and 2022 were Mexico ($3.57M), Bangladesh ($1.57M), and Vietnam ($612k).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (130), GUESS, INC. (80), and PVH CORP. (19) were at the forefront of shipping Knit Sweaters from Guatemala to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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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 Knit Sweaters. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$553M

IMPORTS (2022)$34.5M

NET TRADE (2022)$519M

In 2022, Guatemala exported $553M in Knit Sweaters. The main destinations of Guatemala exports on Knit Sweaters were United States ($515M), Canada ($8.06M), El Salvador ($6.34M), Netherlands ($4.66M), and Germany ($3.39M).

In 2022, Guatemala imported $34.5M in Knit Sweaters, mainly from China ($9.75M), El Salvador ($5.43M), Mexico ($4.03M), United States ($3.05M), and Spain ($2.34M).

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