Guatemala (GTM)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Guatemala - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | USA (USA) | 33.1% $4.88B | 29.2% $9.48B | 30.4% $14.36B |
| 2 | China (CHN) | 0.0% $0 | 19.7% $6.39B | 13.5% $6.39B |
| 3 | Mexico (MEX) | 4.9% $728.03M | 10.2% $3.32B | 8.6% $4.05B |
| 4 | El Salvador (SLV) | 13.2% $1.95B | 3.3% $1.08B | 6.4% $3.03B |
| 5 | Honduras (HND) | 11.3% $1.67B | 2.0% $645.23M | 4.9% $2.32B |
| 6 | Costa Rica (CRI) | 4.6% $674.40M | 2.9% $939.73M | 3.4% $1.61B |
| 7 | Nicaragua (NIC) | 7.2% $1.06B | 0.5% $173.25M | 2.6% $1.24B |
| 8 | Japan (JPN) | 0.8% $116.48M | 2.8% $906.18M | 2.2% $1.02B |
| 9 | Brazil (BRA) | 0.4% $55.10M | 2.4% $766.18M | 1.7% $821.28M |
| 10 | Colombia (COL) | 0.9% $127.01M | 2.0% $635.72M | 1.6% $762.73M |
- In 2024, Guatemala's total trade was $47.2B, ranking 64th globally.
- Total exports were $14.8B, while imports reached $32.5B, leading to a trade deficit of -$17.7B.
- The country's top export partner was the United States, accounting for 33.1% of total exports with a value of $4.9B.
- The leading import partner was also the United States, providing 29.2% of imports at a value of $9.5B, followed by China with a 19.7% share.
- Top exports included Fruit and nuts, edible; peel of citrus fruit or melons (HS2 08) at $1.6B and Apparel and clothing accessories; knitted or crocheted (HS2 61) at $1.5B.
- Key imports were Mineral fuels (HS2 27) valued at $5.0B and Vehicles (HS2 87) at $2.9B.
Guatemala's Trade Performance in 2024
In 2024, Guatemala ranked 72nd in global exports and 61st in imports. The country's total exports were valued at $14.8B and imports at $32.5B. This resulted in a negative trade balance of -$17.7B. The United States was Guatemala's most significant trading partner for both exports and imports. Exports to the United States were valued at $4.9B (33.1% of total), while imports from the United States stood at $9.5B (29.2% of total). Other major export destinations included El Salvador and Honduras. Key sources for imports included China and Mexico.
Top Products in Guatemalan Trade
Guatemala's primary exports in 2024 were agricultural goods and apparel. The leading export category was Fruit and nuts (HS2 08), which accounted for 11.1% of total exports with a value of $1.6B. This was followed by Knitted Apparel (HS2 61) at $1.5B. On the import side, Guatemala's largest expenditure was on Mineral fuels (HS2 27), totaling $5.0B or 15.3% of all imports. The second-largest import category was Vehicles (HS2 87), with a total value of $2.9B.
Exports
Guatemala - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Guatemala - export composition by product categories (Exports), 2024 (USD)
Guatemala - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Guatemala - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.