Guatemala

ECON COMPLEXITY (2018)

-0.51

RANK 89 OF 137

PRODUCT EXPORTS (2018)

$9.79B

RANK 89 OF 222

EXPORTS PER CAPITA (2018)

$568

RANK 203 OF 219

PRODUCT IMPORTS (2018)

$14.8B

RANK 68 OF 221

IMPORTS PER CAPITA (2018)

$855

RANK 206 of 219

SERVICE EXPORTS (2015)

$1.54B

RANK 100 OF 170

SERVICE IMPORTS (2015)

$2.52B

RANK 91 OF 170

GDP (2018)

$78.5B

CURRENT US$
RANK 69 OF 196

GDP GROWTH (2008-2018)

100%

CURRENT US$
RANK 30 OF 196

GDP PC (2018)

$4,549

CURRENT US$
RANK 113 OF 196

GDP PC GROWTH (2008-2018)

62.8%

Overview: This page contains the latest international trade data for Guatemala, including service trade data, and tariffs. In 2018 Guatemala was the number 69 economy in the world in terms of GDP (current US$), the number 89 in total exports, the number 86 in total imports, and the number 89 most complex economy according to the Economic Complexity Index (ECI). In 2018, Guatemala exported $9.79B and imported $14.8B, resulting in a negative trade balance of -$4.96B. In 2018, Guatemala’s exports per capita were $568 and its imports per capita were $855.

Trade: The top exports of Guatemala are Bananas ($1.35B), Coffee($775M), Knit Sweaters ($676M), Raw Sugar ($448M), and Knit T-shirts ($401M). The top imports of Guatemala are Refined Petroleum ($1.99B), Cars ($386M), Petroleum Gas ($257M), Broadcasting Equipment ($237M), and Packaged Medicaments($236M).

Destinations: Guatemala exports mostly to United States ($4.36B), El Salvador ($1.16B), Mexico ($506M), Nicaragua ($450M), and Canada ($434M), and imports mostly from United States ($5.27B), China ($2.34B), Mexico ($1.87B), El Salvador ($848M), and Costa Rica($571M).

Location: Guatemala borders Belize, El Salvador, Honduras, and Mexico by land.

Exports

In 2018 Guatemala exported a total of $9.79B, making it the number 89 exporter in the world. During the last five reported years the exports of Guatemala have changed by -$1.43B from $11.2B in 2013 to $9.79B in 2018.

The most recent exports are led by Bananas ($1.35B), Coffee ($775M), Knit Sweaters ($676M), Raw Sugar ($448M), and Knit T-shirts ($401M).

Imports

In 2018 Guatemala imported $14.8B, making it the number 86 trade destination in the world. During the last five reported years the imports of Guatemala changed by -$2.59B from $17.3B in 2013 to $14.8B in 2018.

The most recent imports of Guatemala are led by Refined Petroleum ($1.99B), Cars ($386M), Petroleum Gas ($257M), Broadcasting Equipment ($237M), and Packaged Medicaments ($236M).

Trade Balance

As of 2018 Guatemala had a negative trade balance of $3.5B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $772M in net imports.

Destinations

The most common destination for the exports of Guatemala are United States ($4.36B), El Salvador ($1.16B), Mexico ($506M), Nicaragua ($450M), and Canada ($434M).

Origins

The most common import partners for Guatemala are United States ($5.27B), China ($2.34B), Mexico ($1.87B), El Salvador ($848M), and Costa Rica ($571M).