Guatemala
U.S. Trade with Guatemala in 2023
Export Market Rank
#15 Among U.S. Agricultural Export Markets
Total Export Value
$1.63 Billion
3-Year Average
$1.7 Billion
Compound Average Growth
3.4% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Guatemala in 2023
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Corn | $271.06 Million | 921,226 | $213.39 Million | 64% |
Soybean Meal | $270.32 Million | 523,105 | $184.4 Million | 61% |
Poultry Meat & Prods. (excl. eggs) | $192.84 Million | 148,184 | $133.75 Million | 85% |
Dairy Products | $111.2 Million | 26,825 | $54.27 Million | 254% |
Pork & Pork Products | $103.46 Million | 32,480 | $61.11 Million | 152% |
Cotton | $93.18 Million | 39,355 | $76.22 Million | 60% |
Beef & Beef Products | $73.58 Million | 9,378 | $41.78 Million | 194% |
Processed Vegetables | $70.07 Million | 39,568 | $43.22 Million | 117% |
Food Preparations | $34.95 Million | 6,730 | $23.01 Million | 69% |
Rice | $34.42 Million | 84,877 | $34.93 Million | -1% |
Data and Analysis
Guatemala ranked as the #16 largest U.S. agricultural export market despite a nine percent decline, mainly due to lower imports of bulk commodities in 2023, reaching $1.6 million. It's crucial to remember that Guatemala, relying on foreign exchange by international trade, remittances, and tourism, is the largest economy in Central America, with an estimated gross domestic product (GDP) of $102.8 billion, a 19-million-person market, and relative economic stability.
Guatemala coffee area was updated by the National Coffee Association (ANACAFE), accurately reporting now 376,000 hectares (Ha) from previous 305,000 Ha. The updated area and number of trees do not affect previous data or production estimates. Guatemala maintains position 9 as the largest coffee exporter and 4th largest Arabica coffee exporter worldwide.
In marketing year (MY)2024/25, Guatemala is forecast to produce 2.4 million metric tons (MT) of sugar from a harvested area of 242,000 hectares (Ha). Though harvested area is increasing as positive sugar prices in the international market motivate producers to keep up renovation with improved local genetics, overall production is forecast to drop four percent for the estimated harvest of MY2023/24 (2.5 million MT), due to a late start to the rainy season and an extended El Niño year.
News and Features
USDA, through its administration of the McGovern-Dole International Food for Education and Child Nutrition (McGovern-Dole) Program, is the largest global donor to school feeding efforts, providing U.S. agricultural commodities, funding, and technical assistance to reduce hunger, support nutrition, and improve literacy and primary education, especially for girls, around the world.
Private exporters reported the following sales activity for MY 2023/2024: 124,545 MT of corn for delivery to Guatemala and 295,000 MT of soybeans for delivery to unknown destinations.