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Guatemala

Guatemala ranked No. 46 in total trade value through October with a total of $9.14 billion. Exports totaled $5.56 billion and Imports totaled $3.57 billion, a surplus of $1.99 billion.

January – October 2018

Top Trading Ports

Total Trade: $9.14 billion

RankPortTotal YTD
1Port of Houston $1,053,249,073
2Port Miami $990,673,484
3Port Everglades, Fla. $880,824,214
4Port of New Orleans $812,872,799
5Miami International Airport $504,450,955
6Port of Los Angeles $413,918,657
7Port of Gulfport, Miss. $387,942,374
8Port of Philadelphia $285,236,498
9Port of Richmond, Calif. $280,604,872
10Port of Wilmington, Dela. $254,016,516

U.S. trade with Guatemala rose to $9.14 billion through October

Guatemala’s trade with the United States rose to $9.14 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.38 percent below its total trade during the same time period last year. Guatemala’s exports decreased 4.29 percent while imports rose 3.52 percent. The U.S. surplus with Guatemala was $1.99 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port Miami; No. 3 Port Everglades, Fla.; No. 4 Port of New Orleans; and No. 5 Miami International Airport. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Port Miami No. 3 Port Everglades, Fla. No. 4 Port of New Orleans and No. 5 Miami International Airport. In the current time period, the top five accounted for 46.44 percent of Guatemala’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 3.48 percent to $1.05 billion.
    Exports rose 3.21 percent to $872.2 million. Imports rose 4.78 percent to $181.04 million.
  • Trade with No. 2 Port Miami rose 7.37 percent to $990.67 million.
    Exports fell 2.04 percent to $438.72 million. Imports rose 16.24 percent to $551.95 million.
  • Trade with No. 3 Port Everglades, Fla. rose 1.6 percent to $880.82 million.
    Exports fell 2.46 percent to $405.37 million. Imports rose 5.33 percent to $475.45 million.
  • Trade with No. 4 Port of New Orleans rose 48.13 percent to $812.87 million.
    Exports rose 55.69 percent to $735.91 million. Imports rose 1.17 percent to $76.96 million.
  • Trade with No. 5 Miami International Airport fell 3.91 percent to $504.45 million.
    Exports fell 5.06 percent to $379.45 million. Imports fell 0.22 percent to $125 million.

Guatemala ranked No. 46 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 43.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Guatemala by value through October were the categories of Gasoline, other fuels; Returned exports, with change; Petroleum gases, other gaseous hydrocarbons; Low value shipments; and Corn, respectively. They accounted for 44.53 percent of total exports to Guatemala.

The value of the top five categories of U.S. imports from Guatemala –– Bananas and plantains, fresh or dried; Sweaters, pullovers, vests, knit or crocheted; Coffee; T-shirts, tank tops, knit or crocheted; and Women’s or girls’ suits, not knit –– accounted for 58.99 percent of all inbound shipments.

Looking more closely at U.S. exports to Guatemala:

  • Gasoline, other fuels fell 23.64 percent compared to last year to $1.6 billion.
  • Returned exports, with change rose 27.04 percent compared to last year to $323.78 million.
  • Petroleum gases, other gaseous hydrocarbons rose 61.53 percent compared to last year to $198.02 million.
  • Low value shipments fell 3.41 percent compared to last year to $193.52 million.
  • Corn rose 23.86 percent compared to last year to $158.64 million.

Looking more closely at U.S. imports from Guatemala:

  • Bananas and plantains, fresh or dried rose 5.37 percent compared to last year to $809.09 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 9.85 percent compared to last year to $539.13 million.
  • Coffee fell 0.8 percent compared to last year to $316.03 million.
  • T-shirts, tank tops, knit or crocheted rose 11.24 percent compared to last year to $257.84 million.
  • Women’s or girls’ suits, not knit rose 12.07 percent compared to last year to $185.26 million.

In the latest annual figures available, Guatemala recorded $10.99 billion in trade with the United States. At year’s end, its were Miami; Houston; New Orleans; Mobile; and Los Angeles. Total U.S. exports to Guatemala were $ 6.98 billion and imports from Guatemala were $4.02 billion. The U.S. surplus with Guatemala was $2.96 billion.