2022
Exports
$1.07MWorld Rnk 88 / 167
Flag Rnk 430 / 1099
2022
PRODUCT COMPLEXITY IN Tractors
0.95Rnk 194 / 1025
2022
Imports
$48.8MWorld Rnk 94 / 215
Flag Rnk 128 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $1.07M in Tractors, making it the 88th largest exporter of Tractors in the world. At the same year, Tractors was the 430th most exported product in Guatemala. The main destination of Tractors exports from Guatemala are: El Salvador ($683k), Honduras ($256k), Belize ($94.5k), Nicaragua ($20.1k), and Costa Rica ($11.6k).

The fastest growing export markets for Tractors of Guatemala between 2021 and 2022 were El Salvador ($27.5k), Belize ($21.9k), and Nicaragua ($2.01k).

Imports In 2022, Guatemala imported $48.8M in Tractors, becoming the 94th largest importer of Tractors in the world. At the same year, Tractors was the 128th most imported product in Guatemala. Guatemala imports Tractors primarily from: United States ($16.6M), Brazil ($15.4M), Mexico ($10.8M), India ($3.49M), and China ($1.28M).

The fastest growing import markets in Tractors for Guatemala between 2021 and 2022 were Brazil ($8.15M), India ($804k), and Italy ($378k).

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 Tractors. 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)$1.07M
IMPORTS (2022)$48.8M
NET TRADE (2022)-$47.7M

In 2022, Guatemala exported $1.07M in Tractors. The main destinations of Guatemala exports on Tractors were El Salvador ($683k), Honduras ($256k), Belize ($94.5k), Nicaragua ($20.1k), and Costa Rica ($11.6k).

In 2022, Guatemala imported $48.8M in Tractors, mainly from United States ($16.6M), Brazil ($15.4M), Mexico ($10.8M), India ($3.49M), and China ($1.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
El Salvador$27.5k (4.19%)
Belize$21.9k (30.2%)
Nicaragua$2.01k (11.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Guatemala WERE (2021 - 2022):
Honduras-$691k (-73%)
Costa Rica-$278k (-96%)
United States-$91.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tractors by Exporters

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