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Guatemala trade in 2024

In 2024, Guatemala exported $15.4 billion and imported $32.8 billion, a trade deficit of $17.4 billion. It was the world's 84th-largest exporter, with 0.07% of world exports. Its top export was bananas (10.2% of the total) and its main trading partner was the United States (31% of its trade).

Summary

Exports
$15.4billion
Imports
$32.8billion
Trade balance
-$17.4billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Bananas (10.2%) and coffee (6.7%) together make up 16.9% of its exports.

  1. Bananas$1.6 billion · 10.2%
    Main partner: United States
  2. Coffee$1 billion · 6.7%
    Main partner: United States
  3. Cane and beet sugar$805 million · 5.2%
    Main partner: United States
  4. Palm oil$563 million · 3.7%
    Main partner: Netherlands
  5. Sweaters and pullovers$538 million · 3.5%
    Main partner: United States
  6. Nutmeg, mace and cardamom$527 million · 3.4%
    Main partner: Saudi Arabia
  7. T-shirts$459 million · 3%
    Main partner: United States
  8. Melons, watermelons and papayas$369 million · 2.4%
    Main partner: United States
  9. Medicines in measured doses or retail packs$328 million · 2.1%
    Main partner: Nicaragua
  10. Women's knitted blouses$245 million · 1.6%
    Main partner: United States

What it imports

Refined petroleum (12.1%) and cars (3.5%) together make up 15.5% of its imports.

  1. Refined petroleum$4 billion · 12.1%
    Main partner: United States
  2. Cars$1.1 billion · 3.5%
    Main partner: Japan
  3. Monitors and projectors$1.1 billion · 3.3%
    Main partner: China
  4. Trucks$887 million · 2.7%
    Main partner: Argentina
  5. Medicines in measured doses or retail packs$821 million · 2.5%
    Main partner: India
  6. Other food preparations$569 million · 1.7%
    Main partner: Costa Rica
  7. Natural gas and LPG$528 million · 1.6%
    Main partner: United States
  8. Corn$512 million · 1.6%
    Main partner: United States
  9. Motorcycles$439 million · 1.3%
    Main partner: China
  10. Polyethylene$365 million · 1.1%
    Main partner: United States
By Harmonized System chapter (96)
ChapterExportsImports
08 · Fruit and nuts$2.2 billion$183 million
61 · Knitted clothing$1.6 billion$219 million
09 · Coffee, tea and spices$1.6 billion$40 million
17 · Sugar and sweets$1 billion$136 million
15 · Fats and oils$777 million$357 million
39 · Plastics$527 million$1.7 billion
22 · Beverages and spirits$450 million$288 million
07 · Vegetables$448 million$121 million
48 · Paper and paperboard$405 million$948 million
34 · Soap and cleaning products$402 million$265 million
21 · Food preparations$383 million$908 million
38 · Miscellaneous chemicals$340 million$446 million
30 · Pharmaceuticals$340 million$1.1 billion
19 · Baked goods and cereal products$336 million$445 million
27 · Oil, gas and coal$328 million$5 billion
72 · Iron and steel$249 million$1.2 billion
73 · Iron and steel products$230 million$500 million
40 · Rubber$226 million$317 million
60 · Knitted fabric$224 million$208 million
33 · Perfumes and cosmetics$216 million$559 million
20 · Preserved fruit and vegetables$216 million$305 million
84 · Mechanical machinery$209 million$2.7 billion
62 · Woven clothing$190 million$191 million
76 · Aluminum$184 million$326 million
12 · Oilseeds and grains$153 million$113 million
16 · Prepared meat and fish$141 million$127 million
23 · Animal feed and food waste$139 million$506 million
06 · Live plants and flowers$135 million$15 million
44 · Wood$119 million$144 million
32 · Dyes, paints and tanning agents$105 million$287 million
94 · Furniture and lighting$93 million$296 million
52 · Cotton$91 million$491 million
85 · Electrical and electronic equipment$90 million$2.7 billion
25 · Salt, stone and cement$76 million$144 million
24 · Tobacco$73 million$28 million
64 · Footwear$72 million$296 million
63 · Home textiles and used clothing$69 million$294 million
03 · Fish and seafood$67 million$161 million
29 · Organic chemicals$61 million$529 million
69 · Ceramics$60 million$171 million
31 · Fertilizers$59 million$451 million
87 · Vehicles$50 million$3 billion
28 · Inorganic chemicals$49 million$191 million
70 · Glass$48 million$132 million
54 · Synthetic filaments$46 million$149 million
96 · Other manufactured goods$44 million$112 million
42 · Leather goods and bags$44 million$95 million
55 · Synthetic staple fibers$40 million$119 million
49 · Books and printed matter$33 million$103 million
11 · Milling products and malt$33 million$151 million
56 · Felt, nonwovens and rope$32 million$46 million
47 · Wood pulp$32 million$84 million
90 · Precision and medical instruments$32 million$365 million
95 · Toys and sports gear$26 million$221 million
26 · Ores and slag$25 million$306 thousand
74 · Copper$25 million$20 million
18 · Cocoa and chocolate$22 million$89 million
04 · Dairy, eggs and honey$17 million$411 million
71 · Gems and precious metals$15 million$79 million
58 · Special fabrics and lace$13 million$41 million
13 · Gums and plant extracts$13 million$17 million
02 · Meat and offal$13 million$471 million
35 · Glues, starches and enzymes$13 million$88 million
83 · Miscellaneous metal goods$12 million$186 million
82 · Tools and cutlery$10 million$138 million
01 · Live animals$9 million$30 million
97 · Art and antiques$8 million$603 thousand
36 · Explosives and matches$7 million$23 million
88 · Aircraft and spacecraft$7 million$84 million
68 · Stone, plaster and cement articles$6 million$73 million
10 · Cereals$6 million$835 million
14 · Other plant products$4 million$384 thousand
57 · Carpets and rugs$4 million$10 million
41 · Hides and leather$3 million$23 million
65 · Hats$3 million$34 million
59 · Coated and technical textiles$2 million$25 million
05 · Other animal products$1 million$6 million
79 · Zinc$997 thousand$19 million
86 · Railway equipment$852 thousand$7 million
37 · Photographic goods$642 thousand$18 million
46 · Wicker and basketware$590 thousand$689 thousand
93 · Weapons and ammunition$532 thousand$46 million
51 · Wool$390 thousand$16 million
66 · Umbrellas and canes$285 thousand$6 million
91 · Watches and clocks$282 thousand$22 million
89 · Ships and boats$224 thousand$23 million
53 · Other plant fibers$166 thousand$2 million
67 · Feathers and artificial flowers$122 thousand$9 million
92 · Musical instruments$105 thousand$23 million
78 · Lead$71 thousand$774 thousand
45 · Cork$47 thousand$1 million
75 · Nickel$46 thousand$485 thousand
43 · Fur and fur goods$42 thousand$399 thousand
80 · Tin$25 thousand$726 thousand
81 · Other base metals$23 thousand$3 million
50 · Silk$10 thousand$719 thousand

Trading partners

The United States is its main destination (34.1% of exports) and source (29.5% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
United States5.334.1%Sea
El Salvador1.710.9%Land
Honduras1.38.6%Land
Nicaragua16.5%Sea
Mexico0.744.8%Land
Costa Rica0.644.2%Sea
Netherlands0.513.3%Sea
Canada0.483.1%Sea
Dominican Republic0.322.1%Sea
Panama0.322.1%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
United States9.729.5%Sea
China6.419.5%Sea
Mexico3.310.1%Land
El Salvador1.23.8%Land
Costa Rica13%Sea
Japan0.892.7%Sea
Brazil0.772.3%Sea
India0.752.3%Sea
Honduras0.72.1%Land
Colombia0.621.9%Sea

Overview 1995–2024

In 2024, Guatemala accounted for 0.07% of world exports, compared with 0.06% in 1995.

Exports and imports

Exports grew 5-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 15.4
  • Imports 32.8
  • Balance -17.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3 billion$3.8 billion-$836 million
1996$3.1 billion$3.8 billion-$653 million
1997$3.6 billion$4.5 billion-$926 million
1998$3.8 billion$5.4 billion-$1.6 billion
1999$3.9 billion$5.3 billion-$1.4 billion
2000$4.1 billion$5.8 billion-$1.7 billion
2001$4 billion$6.4 billion-$2.4 billion
2002$4.2 billion$7.2 billion-$3 billion
2003$4.6 billion$7.7 billion-$3.2 billion
2004$5 billion$8.7 billion-$3.7 billion
2005$6.1 billion$11 billion-$4.9 billion
2006$5.6 billion$10.6 billion-$5 billion
2007$7.6 billion$14 billion-$6.4 billion
2008$8.8 billion$15 billion-$6.2 billion
2009$8.3 billion$12 billion-$3.6 billion
2010$9.9 billion$14.2 billion-$4.3 billion
2011$12.2 billion$16.8 billion-$4.6 billion
2012$11.7 billion$17.4 billion-$5.6 billion
2013$11.7 billion$17.9 billion-$6.2 billion
2014$12.2 billion$18.7 billion-$6.5 billion
2015$12.3 billion$18.1 billion-$5.8 billion
2016$12.2 billion$17.3 billion-$5.1 billion
2017$12.5 billion$18.7 billion-$6.3 billion
2018$12 billion$19.9 billion-$7.9 billion
2019$12.3 billion$20.3 billion-$7.9 billion
2020$12.3 billion$18.5 billion-$6.2 billion
2021$14.7 billion$26.9 billion-$12.2 billion
2022$17 billion$32.2 billion-$15.2 billion
2023$15.3 billion$30.6 billion-$15.3 billion
2024$15.4 billion$32.8 billion-$17.4 billion

World rank

Guatemala fell from 76th to 84th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 76th in 1995
  • 84th in 2024

Source: CEPII BACI

Show the numbers
YearRank
199576th
199678th
199778th
199878th
199977th
200081st
200181st
200282nd
200383rd
200485th
200588th
200693rd
200790th
200894th
200986th
201085th
201188th
201288th
201391st
201489th
201583rd
201682nd
201785th
201889th
201988th
202085th
202185th
202287th
202389th
202484th

What it sells

Fruit and nuts became its top export group: from 8% to 14%

% of exports by Harmonized System chapter.

  • Other 44%
  • Vegetables 3%
  • Beverages and spirits 3%
  • Plastics 3%
  • Fats and oils 5%
  • Sugar and sweets 7%
  • Coffee, tea and spices 10%
  • Knitted clothing 11%
  • Fruit and nuts 14%

Source: CEPII BACI

Show the numbers
Chapter19952024
Fruit and nuts7.9%14%
Knitted clothing3.7%10.6%
Coffee, tea and spices25.5%10.2%
Sugar and sweets11.5%6.7%
Fats and oils0.53%5%
Plastics1.3%3.4%
Beverages and spirits0.69%2.9%
Vegetables2.9%2.9%
Other46%44.3%

Who it trades with

China went from 1% to 13% of Guatemala's trade

% of total trade (exports + imports) with each partner.

  • United States 31%
  • China 13%
  • Mexico 8%
  • El Salvador 6%
  • Honduras 4%

Source: CEPII BACI

Show the numbers
Partner19952024
United States42.1%31%
China1.1%13.4%
Mexico6.1%8.4%
El Salvador7%6.1%
Honduras2.6%4.2%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Jaguar Energy power stationPower · 1.8 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Guatemala City$136.8 billion (PPP, 2021 dollars)
  • Quetzaltenango$23.8 billion (PPP, 2021 dollars)
  • Tapachula$20.3 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Neighboring countries

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