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Guatemala Trade Summary

2021

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 2021

Overall Exports and Imports for Guatemala 2021

Exports and imports of Guatemala in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 13,736 million.
  • The total value of imports (CIF) was 26,594 million.
  • At the HS6 digit level, 3,376 products were exported to 138 countries and 4,164 products were imported from 188 countries.

Guatemala top 5 Export and Import partners 2021

Top five countries to which Guatemala exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Guatemala exports to United States worth US$ 4,372 million, with a partner share of 31.83 percent.
  2. Guatemala exports to El Salvador worth US$ 1,731 million, with a partner share of 12.60 percent.
  3. Guatemala exports to Honduras worth US$ 1,398 million, with a partner share of 10.18 percent.
  4. Guatemala exports to Nicaragua worth US$ 844 million, with a partner share of 6.14 percent.
  5. Guatemala exports to Mexico worth US$ 590 million, with a partner share of 4.30 percent.

Top five countries from which Guatemala imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Guatemala imports from United States worth US$ 8,732 million, with a partner share of 32.83 percent.
  2. Guatemala imports from China worth US$ 4,147 million, with a partner share of 15.59 percent.
  3. Guatemala imports from Mexico worth US$ 2,753 million, with a partner share of 10.35 percent.
  4. Guatemala imports from El Salvador worth US$ 1,206 million, with a partner share of 4.53 percent.
  5. Guatemala imports from Costa Rica worth US$ 772 million, with a partner share of 2.90 percent.

Guatemala Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Guatemala exported Bananas, including plantains, fresh or dried , worth US$ 929,828.91 million.
  2. Guatemala exported Coffee, not roasted or decaffeinated , worth US$ 926,599.51 million.
  3. Guatemala exported Cardamoms , worth US$ 659,102.28 million.
  4. Guatemala exported Crude palm oil , worth US$ 617,048.39 million.
  5. Guatemala exported Ferro-nickel , worth US$ 408,932.30 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$ 3,083,805.56 million.
  2. Guatemala imported Transmission apparatus, for radioteleph incorpo , worth US$ 775,145.68 million.
  3. Guatemala imported Other medicaments of mixed or unmixed products, , worth US$ 560,580.01 million.
  4. Guatemala imported Propane, liquefied , worth US$ 453,179.03 million.
  5. Guatemala imported Maize (excl. seed) , worth US$ 415,694.45 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Guatemala in 2021 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 3 percent.
  • The trade weighted average tariff was 1.72 .
  • The total duty free imports in thousands of US dollars were 17,787,364.32 and duty free tariff line items share was 65.86 percent.

Development Indicators 2021

Key Development Indicators of Guatemala in 2021 are below

  • Guatemala GDP in current US dollar was 86,053 million.
  • GNI per capita, Atlas method (current US$) was 4,930.00 .
  • Guatemala Trade balance: as % of GDP was -14.07.
  • Trade balance in current US$ was -12,105.00 million.
  • Trade as percentage of GDP was 49.49 .
  • Trade in services as percentage of GDP was 8.13 .

Trade Indicators 2021

Trade Indicators for Guatemala in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 3.54.
  • World Growth in percentage was 12.59 and Guatemala Country Growth was 10.97 .