Summary
- Guatemala → Mexico
- $744million
- Mexico → Guatemala
- $3.3billion
- Guatemala’s balance
- -$2.6billion
Balance
Guatemala’s trade balance with Mexico
Trade between Guatemala and Mexico grew 9.7-fold since 1995
USD billions (current). Guatemala’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.7
- Imports 3.3
- Balance -2.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $63 million | $357 million | -$295 million |
| 1996 | $98 million | $386 million | -$289 million |
| 1997 | $94 million | $487 million | -$393 million |
| 1998 | $109 million | $532 million | -$423 million |
| 1999 | $106 million | $545 million | -$439 million |
| 2000 | $115 million | $652 million | -$536 million |
| 2001 | $100 million | $590 million | -$491 million |
| 2002 | $110 million | $586 million | -$476 million |
| 2003 | $152 million | $600 million | -$449 million |
| 2004 | $217 million | $661 million | -$444 million |
| 2005 | $250 million | $932 million | -$682 million |
| 2006 | $342 million | $903 million | -$560 million |
| 2007 | $627 million | $1.2 billion | -$573 million |
| 2008 | $673 million | $1.4 billion | -$751 million |
| 2009 | $659 million | $1.2 billion | -$540 million |
| 2010 | $621 million | $1.5 billion | -$924 million |
| 2011 | $599 million | $1.9 billion | -$1.3 billion |
| 2012 | $661 million | $1.9 billion | -$1.2 billion |
| 2013 | $566 million | $1.9 billion | -$1.3 billion |
| 2014 | $493 million | $2 billion | -$1.5 billion |
| 2015 | $452 million | $2 billion | -$1.6 billion |
| 2016 | $484 million | $1.9 billion | -$1.5 billion |
| 2017 | $528 million | $2 billion | -$1.5 billion |
| 2018 | $536 million | $2.2 billion | -$1.6 billion |
| 2019 | $588 million | $2.2 billion | -$1.7 billion |
| 2020 | $485 million | $2.2 billion | -$1.7 billion |
| 2021 | $585 million | $2.7 billion | -$2.2 billion |
| 2022 | $676 million | $3.3 billion | -$2.6 billion |
| 2023 | $723 million | $3.3 billion | -$2.6 billion |
| 2024 | $744 million | $3.3 billion | -$2.6 billion |
What they sell each other
What Guatemala sells to Mexico
The top 10 headings in 2024, with their share of the total.
What Mexico sells to Guatemala
The top 10 headings in 2024, with their share of the total.
How it travels
Guatemala and Mexico traded $4.1 billion in 2024 (both directions together). They trade mostly over land: 86% of the value travels by truck, rail or pipeline.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Mexico was Guatemala’s 3rd largest trading partner (8% of its trade), and Guatemala was Mexico’s 21st (0.3%).
- Mexico in Guatemala’s trade
- 8.4%
- Mexico’s rank among Guatemala’s partners
- 3rd
- Guatemala in Mexico’s trade
- 0.3%
- Guatemala’s rank among Mexico’s partners
- 21st
Compare with
Other partners of Guatemala
Other partners of Mexico
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.