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Pricing

2022
Flag → Flag
Exports $10.1BRnk 36 / 219
2022
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Top Product $3.92BRefined Petroleum
2022
Flag → Flag
Exports $5.23BRnk 1 / 162
2022
Flag → Flag
Top Product $1.01BBananas
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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Economic Complexity (ECI) ECI -0.24Rnk 73 / 124
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
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GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
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GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

United States-Guatemala In 2022, United States exported $10.1B to Guatemala. The main products that United States exported to Guatemala are Refined Petroleum ($3.92B), Petroleum Gas ($372M), and Corn ($331M). During the last 27 years the exports of United States to Guatemala have increased at an annualized rate of 6.77%, from $1.72B in 1995 to $10.1B in 2022.

In 2017, United States exported services to Guatemala worth $1.7B, with Travel ($823M), Transportation ($395M), and Financial services ($184M) being the largest in terms of value.

Guatemala-United States In 2022, Guatemala exported $5.23B to United States. The main products that Guatemala exported to United States were Bananas ($1.01B), Knit Sweaters ($515M), and Coffee ($498M). During the last 27 years the exports of Guatemala to United States have increased at an annualized rate of 6.84%, from $875M in 1995 to $5.23B in 2022.

In 2022, Guatemala did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.24), and 84 in total exports ($16.4B).

COMPANIES In 2023, leading companies such as CHIQUITA FRESH NORTH AMERICA LLC (74.5k), SOL GROUP MARKETING COMPANY (44.1k), and DOLE FRESH FRUIT COMPANY (35.5k) were at the forefront of exporting goods from Guatemala to the United States. Conversely, HIGH Q INTERNATIONAL, S.A (21.2k), CHIQUITA GUATEMALA SOCIEDAD ANONIMA (15.6k), and HIGH Q, INTERNATIONAL, S.A. (14.1k) were notable for importing Guatemala products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $827M and imported $389M from Guatemala, resulting in a positive trade balance of $438M. Between January 2023 and January 2024 the exports of United States have decreased by $-110M (-11.7%) from $936M to $827M, while imports increased by $4M (1.04%) from $385M to $389M.

Trade In January 2024, the top exports of United States to Guatemala were Refined Petroleum ($445M), Commodities not elsewhere specified ($47.3M), Corn ($39.7M), Soybean Meal ($29.7M), and Telephones ($21.9M). In January 2024 the top imports of United States from Guatemala were Bananas ($72.9M), Knit Sweaters ($50.6M), Knit T-shirts ($41.1M), Melons ($41.1M), and Raw Sugar ($27.3M).

Origins In January 2024 the exports of United States were mainly from Texas ($195M), Louisiana ($148M), Florida ($109M), California ($70.3M), and Mississippi ($54.8M), while imports destinations were mainly Florida ($142M), Texas ($49M), California ($45.5M), North Carolina ($14.5M), and New York ($13.4M).

Growth In January 2024, the decrease in United States's year-by-year exports to Guatemala was explained primarily by an decrease in product exports in Wheat ($-28.2M or -90.9%), Soybean Oil ($-23.7M or -99.9%), and Vinyl Chloride Polymers ($-6.96M or -71.2%). In January 2024, the increase in United States's year-by-year imports  from Guatemala was explained primarily by an increase in product imports  in Melons ($11.7M or 40.1%), Raw Sugar ($9.79M or 56%), and Flavored Water ($3.1M or 223%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)$-110M(-11.7%)
IMPORT GROWTH (January 2023 - January 2024)$4M(1.04%)
MAIN EXPORTER (January 2024)Texas$195M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Guatemala and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $10.1B to Guatemala. The main products exported from United States to Guatemala were Refined Petroleum ($3.92B), Petroleum Gas ($372M), and Corn ($331M). During the last 27 years the exports of United States to Guatemala have increased at an annualized rate of 6.77%, from $1.72B in 1995 to $10.1B in 2022.

In 2022, Guatemala exported $5.23B to United States. The main products exported from Guatemala to United States were Bananas ($1.01B), Knit Sweaters ($515M), and Coffee ($498M). During the last 27 years the exports of Guatemala to United States have increased at an annualized rate of 6.84%, from $875M in 1995 to $5.23B in 2022.

Exports from United States (Flag) to Guatemala (Flag) (2022)

Exports from Guatemala (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Guatemala
Top DestinationUnited States$5.23B

This map shows whether countries import more from United States or Guatemala. Each country is colored based on the difference in imports they receive from United States and Guatemala or the difference in the growth in imports.

In 2021, countries that imported more from United States than Guatemala were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Guatemala than United States were Syria ($9.07M) and Wallis and Futuna ($257k).

Difference in imports from Guatemala (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Guatemala

Flow
Scale

This chart compares trade between United States and Guatemala by product, considering products traded by both, United States and Guatemala.

During 2022, United States had a large net trade with Guatemala in the exports of Mineral Products ($4.55B), Machines ($869M), and Foodstuffs ($705M).

During 2022, Guatemala had a large net trade with United States in the exports of Vegetable Products ($2.28B), Textiles ($1.8B), and Foodstuffs ($458M).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Guatemala worth $1.7B, with Travel ($823M), Transportation ($395M), and Financial services ($184M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Guatemala (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Guatemala. Similarly, the more yellow a dot/product is, the more Guatemala has comparative advantage over United States.

Product Space of United States (Flag) and Guatemala (Flag) (2022)

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