Overview In 2019 Guatemala was the number 68 economy in the world in terms of GDP (current US$), the number 85 in total exports, the number 79 in total imports,
the number 110 economy in terms of GDP per capita (current US$) and the number 82 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Guatemala are Bananas ($1.16B), Raw Sugar ($707M), Coffee ($692M), Nutmeg, mace and cardamons ($653M), and Palm Oil ($399M), exporting mostly to United States ($3.92B), El Salvador ($1.38B), Honduras ($987M), Mexico ($571M), and Nicaragua ($552M).
In 2019, Guatemala was the world's biggest exporter of Nutmeg, mace and cardamons ($653M)
Imports The top imports of Guatemala are Refined Petroleum ($2.34B), Broadcasting Equipment ($579M), Packaged Medicaments ($488M), Cars ($483M), and Delivery Trucks ($332M), importing mostly from United States ($6.77B), China ($2.34B), Mexico ($2.15B), El Salvador ($965M), and Panama ($667M).
In 2019, Guatemala was the world's biggest importer of Iron Ingots ($63.1M)
Location Guatemala borders Belize, El Salvador, Honduras, and Mexico by land.