2022
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GDP
$95BCURRENT US$
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2012-2022
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GDP GROWTH
91.6%CURRENT US$
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2022
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 GDP
$25.5TCURRENT US$
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2012-2022
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GDP GROWTH
56.7%CURRENT US$
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2022
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GDP PC 
$5,473CURRENT US$
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2012-2022
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GDP PC GROWTH
63.1%CURRENT US$
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2022
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GDP PC
$76,399CURRENT US$
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2012-2022
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GDP PC GROWTH
47.5%CURRENT US$
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About

Guatemala-United States In 2022, Guatemala exported $5.23B to United States. The main products that Guatemala exported to United States are Bananas ($1.01B), Knit Sweaters ($515M), and Coffee ($498M). During the last 27 years the exports of Guatemala to United States have increased at an annualized rate of 6.84%, from $875M in 1995 to $5.23B in 2022.

In 2022, Guatemala did not export any services to United States.

United States-Guatemala In 2022, United States exported $10.1B to Guatemala. The main products that United States exported to Guatemala were Refined Petroleum ($3.92B), Petroleum Gas ($372M), and Corn ($331M). During the last 27 years the exports of United States to Guatemala have increased at an annualized rate of 6.77%, from $1.72B in 1995 to $10.1B in 2022.

In 2017, United States exported services to Guatemala worth $1.7B, with Travel ($823M), Transportation ($395M), and Financial services ($184M) being the largest in terms of value.

Comparison In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $5.23B to United States. The main products exported from Guatemala to United States were Bananas ($1.01B), Knit Sweaters ($515M), and Coffee ($498M). During the last 27 years the exports of Guatemala to United States have increased at an annualized rate of 6.84%, from $875M in 1995 to $5.23B in 2022.

In 2022, United States exported $10.1B to Guatemala. The main products exported from United States to Guatemala were Refined Petroleum ($3.92B), Petroleum Gas ($372M), and Corn ($331M). During the last 27 years the exports of United States to Guatemala have increased at an annualized rate of 6.77%, from $1.72B in 1995 to $10.1B in 2022.

Exports from Guatemala (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Guatemala (Flag) (2022)

Latest Data

Trade between Guatemala (Flag) and United States (Flag)

Guatemala Exports

United States Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
United States
Top Destination
Canada$308B

This map shows whether countries import more from Guatemala or United States. Each country is colored based on the difference in imports they receive from Guatemala and United States or the difference in the growth in imports.

In 2021, countries that imported more from Guatemala than United States were Syria ($9.07M) and Wallis and Futuna ($257k).

In 2021, countries that imported more from United States than Guatemala were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Guatemala (Flag) (2022)

Comparative Advantage Guatemala - United States

Flow
Scale

This chart compares trade between Guatemala and United States by product, considering products traded by both, Guatemala and United States.

During 2022, Guatemala had a large net trade with United States in the exports of Vegetable Products ($2.28B), Textiles ($1.8B), and Foodstuffs ($458M).

During 2022, United States had a large net trade with Guatemala in the exports of Mineral Products ($4.55B), Machines ($869M), and Foodstuffs ($705M).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Guatemala worth $1.7B, with Travel ($823M), Transportation ($395M), and Financial services ($184M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Guatemala (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Guatemala has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Guatemala.

Product Space of Guatemala (Flag) and United States (Flag) (2022)

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