Guatemala export

Guatemala Export Data

The Republic of Guatemala is another name for Guatemala. Central America is where the country is located. Guatemala is surrounded by numerous countries, including Belize, El Salvador, Honduras, and Mexico, due to its landlocked status. Among the largest countries in Central America is Guatemala. In terms of land area, Guatemala is the twentieth-largest nation in Central America. Guatemala takes up the 107th spot in the world rankings according to area, with 108,889 km^2 of land area. According to the trade data for 2022, out of 226 nations, Guatemala ranked 93rd in the world for the number of commodities exported. In 2022, Guatemala exported goods worth a total of $15.38 billion. Guatemala exported 15% more goods in 2022 than it did in 2021. In 2022, exports of goods increased by $2.07 billion. Guatemala, known for its rich cultural heritage and scenic beauty, has also made significant strides in its export sector. With a focus on diversifying its exports, the country has emerged as a key export player. Let us delve into the Guatemala export data, specifically highlighting the key trends, top export items, and the potential challenges faced by the country in 2022.

 Guatemala Export Data | Guatemala Trade Data

93

The country has been ranked 93rd in global exports, showing a significant position in the international trade and export landscape.

0.6%

With a mere 0.6% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

USA

The USA holds a significant role as the largest export partner of the country in terms of goods exports and export share.

COFFEE

Coffee is the major and biggest export commodity of the country, playing a vital role in its economy.

export

Top 10 Exports of Guatemala

Guatemala, renowned for its strategic location and diverse economy, boasts a strong presence in the global export market. When it comes to the top 10 exports of Guatemala, the country's products span a wide range of sectors. The top 10 Exports of Guatemala in 2022 according to its export data are:

  • Coffee: 7.06% ($1.11 billion)
  • Bananas, including plantains: 6.75% ($1.06 billion)
  • Palm oil and its fractions: 5.81% ($919 million)
  • Cane or beet sugar and chemically pure sucrose: 5.05% ($799 million)
  • Jerseys, pullovers, cardigans, waistcoats, and similar articles: 3.27% ($517 million)
  • Ferroalloys: 2.96% ($469 million)
  • Nutmeg, mace, and cardamoms: 2.64% ($418 million)
  • T-shirts, singlets, and other vests, knitted or crocheted: 2.31% ($365 million)
  • Men's or boys' shirts, knitted or crocheted: 2.27% ($359 million)
  • Medicaments: 2.11% ($334 million)
  • Partners

    Top 10 Export Partners of Guatemala

    As for the top 10 export partners, Guatemala maintains fruitful trade relationships with various countries around the world. Embracing a professional tone, Guatemala's impressive export prowess serves as a testament to the nation's commitment to international trade and economic growth. Guatemala’s top 10 export partners in 2022 include:

    Value In Percentage(%)

  • USA: 32% (5.1 billion US$)
  • El Salvador: 12.9% (2.04 billion US$)
  • Honduras: 10% (1.58 billion US$)
  • Nicaragua: 6.31% (998 million US$)
  • Mexico: 4.38% (692 million US$)
  • Netherlands: 4.2% (664 million US$)
  • Costa Rica: 4.02% (635 million US$)
  • China: 2.7% (427 million US$)
  • Panama: 1.95% (308 million US$)
  • Spain: 1.9% (301 million US$)
  • Sample Data

    Overview of Guatemala's Export Industry

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the quantity and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Guatemala's export industry has witnessed steady growth over the years, contributing significantly to the country's economic development. The export data for 2022 reflects the country's commitment to increasing its global reach and gaining a competitive edge in diverse sectors. According to Guatemala's export trade data, Guatemala exported goods worth a total of $15.8 billion in 2022. The latest export data for Guatemala in 2022 showcases a notable increase in export revenue compared to previous years. The country's commitment to expanding its trade networks and strengthening economic partnerships has contributed to this positive trend. There are many different fields included in the Guatemala export data and trade data, including HS codes, descriptions of HS codes, and product descriptions with the quantity, units, and price of each product being shipped. These fields can be found in the export and trade data for Guatemala. For traders and marketers, this statistical export data is crucial information that helps them make informed decisions.

    Benefits

    Benefits of Guatemala’s Export Data

  • Obtain superior sales from the export market in Guatemala.
  • Determine the Guatemalan market's current product demand.
  • Monitor Your Rivals and beat them in position.
  • Make your marketing plan based on export data.
  • Make a major impact on Guatemala's export market.
  • Establish goals for the future and maximize earnings.
  • Frequently Asked Questions!!

    According to the export data, Guatemala's exports totaled $15.8 billion in 2022.

    The main export products of Guatemala include coffee, bananas, sugar, textiles and apparel, and petroleum.

    The top trading partners of Guatemala are the United States, El Salvador, Honduras, Mexico, and Costa Rica.

    As compared to the previous year, Guatemala's goods exports increased by $2.07 billion in 2022.

    Based on the export data, there is a 15% increase in exports from Guatemala in 2022 compared to 2021.

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