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Guatemala's trade data reveals a dynamic economy with a diverse range of exports and imports. In 2021, Guatemala exported goods worth approximately $13.7 billion, with coffee, bananas, and palm oil being some of the top exports. The country imported goods valued at about $26.6 billion, indicating a trade deficit. Guatemala trades with numerous countries, with the United States being a significant export destination. The data also shows a focus on expanding market penetration and diversifying trade partners to enhance economic growth.
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United States: $5.1 billion (32.3% of total exports)
El Salvador: $2 billion (13%)
Honduras: $1.6 billion (10%)
Nicaragua: $998.2 million (6.3%)
Mexico: $692.8 million (4.4%)
Netherlands: $665 million (4.2%)
Costa Rica: $635.5 million (4%)
China: $427.1 million (2.7%)
Panama: $308.8 million (2%)
Spain: $301.3 million (1.9%)
Fruits and nuts: $1.6 billion (11% of total exports)
Knit or crochet clothing and accessories: $1.38 billion (9.7%)
Coffee, tea, and spices: $1.32 billion (9.3%)
Animal/vegetable fats, oils, and waxes: $1.1 billion (7.5%)
Sugar and sugar confectionery: $775.2 million (5.5%)
Plastics and plastic articles: $547.9 million (3.9%)
Paper and paper items: $449 million (3.2%)
Vegetables: $409.3 million (2.9%)
Beverages, spirits, and vinegar: $402.6 million (2.8%)
Pharmaceuticals: $397.5 million (2.8%)
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