Overview In 2020, Guatemala was the number 69 economy in the world in terms of GDP (current US$), the number 81 in total exports, the number 78 in total imports,
the number 116 economy in terms of GDP per capita (current US$) and the number 78 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Guatemala are Bananas ($1.16B), Nutmeg, mace and cardamons ($1.14B), Coffee ($684M), Raw Sugar ($598M), and Palm Oil ($466M), exporting mostly to United States ($3.87B), El Salvador ($1.32B), Honduras ($1.02B), Nicaragua ($660M), and Mexico ($466M).
In 2020, Guatemala was the world's biggest exporter of Nutmeg, mace and cardamons ($1.14B)
Imports The top imports of Guatemala are Refined Petroleum ($1.57B), Broadcasting Equipment ($647M), Packaged Medicaments ($538M), Cars ($383M), and Delivery Trucks ($341M), importing mostly from United States ($6.01B), China ($2.43B), Mexico ($2.08B), El Salvador ($876M), and Costa Rica ($633M).
In 2020, Guatemala was the world's biggest importer of Iron Ingots ($54.4M)
Location Guatemala borders Belize, El Salvador, Honduras, and Mexico by land.