[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · GTM · 2024
Guatemala trade profile
In 2024, Guatemala recorded $14.2B in merchandise exports and $29.0B in imports, producing a $14.8B trade deficit. Exports changed +1.3% from the previous year, while imports changed +6.4%.[1]
Exports
$14.2B
+1.3%
Imports
$29.0B
+6.4%
Trade balance
-$14.8B
deficit
Active partners
270
39 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$1.8B
HS 08 · HS chapter
67 active HS6 lines · 79 export partners
2$1.6B
HS 61 · HS chapter
106 active HS6 lines · 116 export partners
3$1.5B
HS 09 · HS chapter
39 active HS6 lines · 120 export partners
4$965.4M
HS 17 · HS chapter
17 active HS6 lines · 78 export partners
5$738.6M
HS 15 · HS chapter
48 active HS6 lines · 31 export partners
6$503.2M
HS 39 · HS chapter
128 active HS6 lines · 86 export partners
7$407.1M
HS 22 · HS chapter
24 active HS6 lines · 107 export partners
8$405.9M
HS 07 · HS chapter
65 active HS6 lines · 55 export partners
Leading export markets
Destinations rank bilateral export flows from Guatemala; growth describes each corridor rather than the whole economy.
1$4.6B
United States
Annual change +5.1% · 3-year CAGR 3.5%
2$1.6B
El Salvador
Annual change +0.3% · 3-year CAGR 3.1%
3$1.2B
Honduras
Annual change -3.2% · 3-year CAGR 4.4%
4$955.7M
Nicaragua
Annual change +8.7% · 3-year CAGR 8.4%
5$786.8M
Mexico
Annual change +10.4% · 3-year CAGR 8.2%
6$619.3M
Costa Rica
Annual change +5.3% · 3-year CAGR 7.8%
7$576.4M
Canada
Annual change +5.6% · 3-year CAGR 5.5%
8$450.1M
Netherlands
Annual change -17.2% · 3-year CAGR 7.1%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.