Browse Data and Analysis

The Guatemalan economy relies on foreign exchange generated by remittances, international trade, and the tourism sector. Guatemala represents a growing market for U.S. companies and is a country with relative economic stability. U.S. exports of agricultural products to Guatemala in 2021 increased 28 percent from year 2020, reaching $1.6 billion.

Guatemala has no laws to promote biofuels development, but the country is the strongest potential producer of biofuels in Central America.

Guatemala, at present, allows the importation of genetically engineered (GE) agricultural and food products, but has not approved the use of GE plants for agricultural production.

Because of the coffee rust epidemic in Central America, Guatemala's coffee prodution is expected to fall 8 percent in 2014.

In the global sugar industry, Guatemala ranks 11th in production, 5th in exports, 3rd most competitive, and 1st most efficient at port loading.