Guatemala Major Exports by Category and Value

Navigate Guatemala's export landscape with category-by-category analysis and key market insights

Fruit, edible; plantains,

Main Exported Product

$14.7 b

Market Size

3.2 b Kg

Highest-Volume Exports

~5.96%

Market Growth Rate

Guatemala Export Market

AI Insight

Guatemala’s export economy exhibits a stable 5.96% growth trajectory, anchored by high-volume agricultural staples. Bananas ($1.18B) and green coffee ($913M) remain the primary value drivers. While the United States dominates with nearly 40% market share, significant momentum is building in Canada and the Dominican Republic, which saw growth rates of 30.72% and 22.58% respectively. Market dynamics show a strategic balance between traditional bulk commodities and value-added sectors like medicaments and textiles, positioning the nation for diversified international expansion.

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Top 10 Exported Products

AI Insight

Bananas and plantains lead Guatemala's 2024 exports with a value of $1.18 billion and a massive volume of 3.17 billion units. Green coffee beans follow at $913 million. The data highlights a strong concentration in agricultural commodities, though medicaments ($341 million) and textiles ($337 million) represent significant high-value manufactured exports.

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Leading Destination Countries

United States

39.82%

El Salvador

15.85%

Honduras

13.61%

Nicaragua

8.65%

Mexico

5.91%

Costa Rica

5.48%

Netherlands

4.07%

Panama

2.7%

Dominican Republic

2.39%

Canada

1.52%

AI Insight

The United States remains the cornerstone of Guatemala's trade, capturing 39.82% of total exports valued at $4.87 billion. Regional proximity is a key driver, with El Salvador (15.85%) and Honduras (13.61%) serving as the next largest importers, emphasizing the importance of the Central American market for Guatemalan goods.

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Export Growth Performance

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6.0%Annual Growth

AI Insight

Guatemala's export sector maintains a positive momentum with a growth rate of 5.96%. This steady expansion reflects a resilient trade environment and consistent international demand for the country's primary and secondary export products during the 2024 period.

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Emerging Supply Markets

AI Insight

Canada is the fastest-growing emerging market for Guatemala, posting a remarkable 30.72% growth rate. The Dominican Republic also shows strong expansion at 22.58%. These figures indicate successful geographic diversification, as Guatemalan exporters rapidly increase their footprint in North American and Caribbean territories beyond traditional regional partners.

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Guatemala Export Requirements

Before Shipment

Requirements include obtaining SPS permits from MAGA for agricultural goods, sanitary registration for food/drugs via Ministry of Health, RTU tax registration, and specific import licenses for chemicals or firearms prior to departure to ensure compliance.

Documentation Required

Essential documents include the Commercial Invoice, Bill of Lading or Air Waybill, the Central American Single Declaration (DUCA), a Certificate of Origin to claim preferential tariffs, and a detailed Packing List for customs verification.

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Guatemala free trade agreements and preferential access markets.

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CAFTA-DR
EU-Central America Association Agreement
Mexico-Central America FTA
Taiwan-Guatemala FTA
Chile-Guatemala FTA

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