2022
Exports
$878kWorld Rnk 91 / 207
Flag Rnk 465 / 1099
2022
PRODUCT COMPLEXITY IN Felt or Coated Fabric Garments
-1.16Rnk 873 / 1025
2022
Imports
$11.7MWorld Rnk 71 / 221
Flag Rnk 340 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $878k in Felt or Coated Fabric Garments, making it the 91st largest exporter of Felt or Coated Fabric Garments in the world. At the same year, Felt or Coated Fabric Garments was the 465th most exported product in Guatemala. The main destination of Felt or Coated Fabric Garments exports from Guatemala are: Honduras ($531k), United States ($167k), El Salvador ($53.3k), Nicaragua ($50.8k), and Costa Rica ($17.6k).

The fastest growing export markets for Felt or Coated Fabric Garments of Guatemala between 2021 and 2022 were United States ($30.4k), Costa Rica ($17.3k), and El Salvador ($11.5k).

Imports In 2022, Guatemala imported $11.7M in Felt or Coated Fabric Garments, becoming the 71st largest importer of Felt or Coated Fabric Garments in the world. At the same year, Felt or Coated Fabric Garments was the 340th most imported product in Guatemala. Guatemala imports Felt or Coated Fabric Garments primarily from: United States ($4.14M), China ($2.75M), Panama ($1.63M), Mexico ($1.19M), and Chile ($456k).

The fastest growing import markets in Felt or Coated Fabric Garments for Guatemala between 2021 and 2022 were United States ($1.7M), Panama ($600k), and Chile ($425k).

COMPANIES In 2023, leading companies such as RECREATIONAL EQUIPMENT INC (3) were at the forefront of shipping Felt or Coated Fabric Garments from Guatemala to the United States.

Latest Trends

Mar 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 Felt or Coated Fabric Garments. 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)$878k
IMPORTS (2022)$11.7M
NET TRADE (2022)-$10.8M

In 2022, Guatemala exported $878k in Felt or Coated Fabric Garments. The main destinations of Guatemala exports on Felt or Coated Fabric Garments were Honduras ($531k), United States ($167k), El Salvador ($53.3k), Nicaragua ($50.8k), and Costa Rica ($17.6k).

In 2022, Guatemala imported $11.7M in Felt or Coated Fabric Garments, mainly from United States ($4.14M), China ($2.75M), Panama ($1.63M), Mexico ($1.19M), and Chile ($456k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt or Coated Fabric Garments EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
United States$30.4k (22.3%)
Costa Rica$17.3k (7.19k%)
El Salvador$11.5k (27.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt or Coated Fabric Garments BY Guatemala WERE (2021 - 2022):
Honduras-$158k (-22.9%)
Belize-$25.6k (-98.9%)
Nicaragua-$17.5k (-25.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Felt or Coated Fabric Garments were:
In 2022, Guatemala's main importing competitors in Felt or Coated Fabric Garments were:

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Trade Value of Felt or Coated Fabric Garments by Exporters

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