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Guatemala Trade Summary

2020

Guatemala exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR GUATEMALA 2020

Overall Exports and Imports for Guatemala 2020

Exports and imports of Guatemala in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 11,658 million.
  • The total value of imports (CIF) was 18,198 million.
  • At the HS6 digit level, 3,295 products were exported to 147 countries and 4,119 products were imported from 134 countries.

Guatemala top 5 Export and Import partners 2020

Top five countries to which Guatemala exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Guatemala exports to United States worth US$ 3,764 million, with a partner share of 32.28 percent.
  2. Guatemala exports to El Salvador worth US$ 1,313 million, with a partner share of 11.27 percent.
  3. Guatemala exports to Honduras worth US$ 1,018 million, with a partner share of 8.74 percent.
  4. Guatemala exports to Nicaragua worth US$ 662 million, with a partner share of 5.68 percent.
  5. Guatemala exports to Mexico worth US$ 463 million, with a partner share of 3.97 percent.

Top five countries from which Guatemala imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Guatemala imports from United States worth US$ 6,295 million, with a partner share of 34.59 percent.
  2. Guatemala imports from China worth US$ 2,252 million, with a partner share of 12.37 percent.
  3. Guatemala imports from Mexico worth US$ 2,124 million, with a partner share of 11.67 percent.
  4. Guatemala imports from El Salvador worth US$ 975 million, with a partner share of 5.36 percent.
  5. Guatemala imports from Costa Rica worth US$ 688 million, with a partner share of 3.78 percent.

Guatemala Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Guatemala along with trade value are:

  1. Guatemala exported Cardamoms , worth US$ 1,136,580.94 million.
  2. Guatemala exported Bananas, including plantains, fresh or dried , worth US$ 955,618.53 million.
  3. Guatemala exported Coffee, not roasted or decaffeinated , worth US$ 651,964.28 million.
  4. Guatemala exported Crude palm oil , worth US$ 410,335.49 million.
  5. Guatemala exported Ferro-nickel , worth US$ 320,842.03 million.

The top five imported HS 6 digit level products from world by Guatemala along with trade value are

  1. Guatemala imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,630,820.90 million.
  2. Guatemala imported Transmission apparatus, for radioteleph incorpo , worth US$ 652,540.49 million.
  3. Guatemala imported Other medicaments of mixed or unmixed products, , worth US$ 485,406.42 million.
  4. Guatemala imported Maize (excl. seed) , worth US$ 297,217.19 million.
  5. Guatemala imported Other food preparations, nes , worth US$ 257,738.82 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Guatemala in 2020 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 2.60 percent.
  • The trade weighted average tariff was 1.59 .
  • The total duty free imports in thousands of US dollars were 12,794,478.18 and duty free tariff line items share was 68.49 percent.

Development Indicators 2020

Key Development Indicators of Guatemala in 2020 are below

  • Guatemala GDP in current US dollar was 77,715 million.
  • GNI per capita, Atlas method (current US$) was 4,490.00 .
  • Guatemala Trade balance: as % of GDP was -8.45.
  • Trade balance in current US$ was -6,570.00 million.
  • Trade as percentage of GDP was 41.14 .
  • Trade in services as percentage of GDP was 6.96 .

Trade Indicators 2020

Trade Indicators for Guatemala in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 3.36.
  • World Growth in percentage was -3.75 and Guatemala Country Growth was -0.24 .