Guatemala
U.S. Trade with Guatemala in 2022
Export Market Rank
#17 Among U.S. Agricultural Export Markets
Total Export Value
$1.85 Billion
3-Year Average
$1.6 Billion
Compound Average Growth
6.1% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Guatemala in 2022
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Corn | $292.6 Million | 977,624 | $195.18 Million | 220% |
Soybean Meal | $258.45 Million | 512,812 | $173.92 Million | 54% |
Poultry Meat & Prods. (excl. eggs) | $175.64 Million | 131,752 | $124.91 Million | 68% |
Cotton | $127.47 Million | 43,387 | $71.26 Million | 194% |
Wheat | $115.77 Million | 295,200 | $124.96 Million | -23% |
Soybean Oil | $96.47 Million | 62,612 | $57.03 Million | 365% |
Dairy Products | $93.26 Million | 21,740 | $45.44 Million | 307% |
Pork & Pork Products | $80.21 Million | 26,178 | $53.53 Million | 192% |
Beef & Beef Products | $62.85 Million | 8,687 | $36.01 Million | 303% |
Processed Vegetables | $62.77 Million | 42,372 | $39.26 Million | 105% |
Data and Analysis
International Agricultural Trade Report
Opportunities for U.S. Consumer-Oriented Products in CAFTA-DR and Panama
The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR)[1] region and Panama combine to represent the seventh-largest market for U.S consumer-oriented products, totaling $3.7 billion in 2022.
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 adopted science-based regulations for the adoption of agricultural biotechnology in 2018. These regulations were immediately challenged by activists but in 2021 the Supreme Court and Constitutional Court reaffirmed the legality of the regulatory process, paving the way for the approvals of the first applications in April 2021.
News and Features
March 20, 2023
News Release
USDA Trade and Foreign Agricultural Affairs Under Secretary Taylor Kicks Off Central America-Dominican Republic Trade Mission to Panama
USDA's Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor arrived in Panama City today to launch an agribusiness trade mission. Taylor and a delegation of representatives from agribusiness and farm organizations and state departments of agriculture look to develop stronger ties and build economic partnerships between the United States and Panama and markets throughout CAFTA-DR region.
March 7, 2023
News Release
Trade and Foreign Agricultural Affairs Under Secretary to Lead Trade Mission to Panama
USDA's Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor will lead a delegation of 26 agribusinesses and farm organizations to Panama City, Panama, from March 19 to 23.