Guatemala: Food Service - Hotel Restaurant Institutional Annual
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In 2023, Guatemala ranked as the 16th largest U.S. agricultural export market, despite a nine percent decline in total exports, largely driven by reduced imports of bulk commodities. U.S. agricultural exports to Guatemala reached $1.6 billion. As the largest economy in Central America, with a GDP of $102.8 billion and a population of approximately 19 million, Guatemala remains a key player in the region's economic landscape. The country represents a growing market for U.S. consumer-oriented products. In 2023, imports of these products increased by 15 percent, reaching $778.4 million, reflecting the expanding demand for U.S. goods in the country.