Guatemala

U.S.-Guatemala Trade Facts

Guatemala is currently our 53rd largest goods trading partner with $8.2 billion in total (two way) goods trade during 2008. Goods exports totaled $4.7 billion; Goods imports totaled $3.5 billion. The U.S. goods trade surplus with Guatemala was $1.3 billion in 2008.

Exports

Guatemala was the United States' 42nd largest goods export market in 2008.

U.S. goods exports to Guatemala in 2008 were $4.7 billion, up 16.1% ($653 million) from 2007 and up 249% from 1994 (the year prior to Uruguay Round). U.S. exports to Guatemala are up 66.4% from 2005 (Pre-FTA).

The top export categories (2-digit HS) in 2008 were: Mineral Fuel (oil) ($1.0 billion), Machinery ($481 million), Special Other (articles donated for relief and low value shipments) ($454 million), Cereals (wheat and corn) ($347 million), and Electrical Machinery ($295 million).

U.S. exports of agricultural products to Guatemala totaled $835 million in 2008. Leading categories include: wheat ($158 million), coarse grains ($155 million), soybean meal ($99 million), poultry meat ($60 million), and cotton ($44 million).

Imports

Guatemala was the United States' 56th largest supplier of goods imports in 2008.

U.S. goods imports from Guatemala totaled $3.5 billion in 2008, a 14.4% increase ($437 million) from 2007, and up 170% over the last 14 years. U.S. imports from Guatemala are up 10.4% from 2005 (Pre-FTA).

The five largest import categories in 2008 were: Knit Apparel ($1.0 billion), Edible Fruit and Nuts (bananas and cantaloupes) ($511 million), Mineral Fuel (oil) (crude) ($ 378 million), Spices, Coffee and Tea (coffee) ($377 million), and Woven Apparel ($362 million).

U.S. imports of agricultural products from Guatemala totaled $1.3 billion in 2008, the 17th largest U.S. agriculture supplier. Leading categories include bananas and plantains ($375 million), coffee (unroasted) ($370 million), other fresh fruit ($123 million), and raw beet and cane sugar ($102 million).

Trade Balance

The U.S. goods trade surplus with Guatemala was $1.3 billion in 2008, a 20.8% increase ($217 million) over 2007.

Investment

U.S. foreign direct investment (FDI) in Guatemala (stock) was $530 million in 2007 (latest data available), up 21 percent from 2006.