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
In 2023, the Guatemalan market showed significant potential for growth, with supermarkets, hypermarkets, and independent food stores expanding their locations.
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.
News and Features
News Release
USDA Invests $466.5 Million in Food Assistance, Agricultural Development Projects Worldwide
USDA will provide $466.5 million in FY 2024 funding to strengthen global food security through the McGovern-Dole and Food for Progress programs, Secretary Vilsack announced today.
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.