2023
Exports
$3.72MWorld Rnk 58 / 175
Flag Rnk 260 / 1091
2023
PRODUCT COMPLEXITY IN Bandages
0.86Rnk 224 / 1025
2023
Imports
$12.8MWorld Rnk 65 / 221
Flag Rnk 329 / 1187
2023
ECONOMIC COMPLEXITY of Guatemala
-0.21Rnk 73 / 132

About

Exports In 2023, Guatemala exported $3.72M in Bandages, making it the 58th largest exporter of Bandages in the world. At the same year, Bandages was the 260th most exported product in Guatemala. The main destination of Bandages exports from Guatemala are: United States ($2.37M), Honduras ($650k), Costa Rica ($250k), Nicaragua ($101k), and Mexico ($90.4k).

The fastest growing export markets for Bandages of Guatemala between 2022 and 2023 were Costa Rica ($211k), Honduras ($200k), and Nicaragua ($46.4k).

Imports In 2023, Guatemala imported $12.8M in Bandages, becoming the 65th largest importer of Bandages in the world. At the same year, Bandages was the 329th most imported product in Guatemala. Guatemala imports Bandages primarily from: China ($4.26M), Mexico ($3.13M), United States ($2.75M), Colombia ($634k), and El Salvador ($289k).

The fastest growing import markets in Bandages for Guatemala between 2022 and 2023 were United States ($890k), Brazil ($282k), and India ($146k).

Latest Trends

Feb 2025

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 Bandages. 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 (2023)$3.72M
IMPORTS (2023)$12.8M
NET TRADE (2023)-$9.12M

In 2023, Guatemala exported $3.72M in Bandages. The main destinations of Guatemala exports on Bandages were United States ($2.37M), Honduras ($650k), Costa Rica ($250k), Nicaragua ($101k), and Mexico ($90.4k).

In 2023, Guatemala imported $12.8M in Bandages, mainly from China ($4.26M), Mexico ($3.13M), United States ($2.75M), Colombia ($634k), and El Salvador ($289k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Guatemala WERE (2022 - 2023):
Costa Rica$211k (548%)
Honduras$200k (44.3%)
Nicaragua$46.4k (85.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Guatemala WERE (2022 - 2023):
Mexico-$120k (-57%)
El Salvador-$35.6k (-43.7%)
Ecuador-$3.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guatemala's main exporting competitors in Bandages were:
In 2023, Guatemala's main importing competitors in Bandages were:

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.46M
TOP IMPORT POTENTIALChina+ $1.26M

Bandages’s highest export potential is United States. With an export gap of $1.46M.   Bandages’s highest import potential is China with an import gap of $1.26M.

See methodology.

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