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Guatemala

Guatemala ranked No. 47 in total trade value through February with a total of $1.66 billion. Exports totaled $1.01 billion and Imports totaled $649.55 million, a surplus of $361.98 million.

January – February 2019

Top Trading Ports

Total Trade: $1.66 billion

RankPortTotal YTD
1Port of Houston $204,811,842
2Port Miami $183,642,571
3Port Everglades, Fla. $157,891,063
4Miami International Airport $135,761,431
5Port of New Orleans $108,533,424
6Port of Los Angeles $85,391,315
7Port of Gulfport, Miss. $77,687,718
8Port of Pascagoula, Miss. $64,033,499
9Port of Philadelphia $63,450,426
10Port of Wilmington, Dela. $52,569,205

U.S. trade with Guatemala rose to $1.66 billion through February

Guatemala’s trade with the United States rose to $1.66 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 6.92 percent below its total trade during the same time period last year. Guatemala’s exports decreased 9.41 percent while imports fell 2.75 percent. The U.S. surplus with Guatemala was $361.98 million.

Through February, 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 Miami International Airport; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 Port Miami No. 2 Port of New Orleans No. 3 Port Everglades, Fla. No. 4 Port of Houston and No. 5 Miami International Airport. In the current time period, the top five accounted for 47.6 percent of Guatemala’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 15.75 percent to $204.81 million.
    Exports rose 19.86 percent to $165.64 million. Imports rose 1.08 percent to $39.17 million.
  • Trade with No. 2 Port Miami fell 22.31 percent to $183.64 million.
    Exports fell 39.15 percent to $74.85 million. Imports fell 4.04 percent to $108.8 million.
  • Trade with No. 3 Port Everglades, Fla. fell 12.04 percent to $157.89 million.
    Exports fell 10.58 percent to $73.47 million. Imports fell 13.27 percent to $84.42 million.
  • Trade with No. 4 Miami International Airport rose 37.96 percent to $135.76 million.
    Exports rose 59.23 percent to $114.08 million. Imports fell 18.98 percent to $21.69 million.
  • Trade with No. 5 Port of New Orleans fell 40.94 percent to $108.53 million.
    Exports fell 45.22 percent to $93.88 million. Imports rose 18.18 percent to $14.66 million.

Guatemala ranked No. 47 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 45.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Guatemala by value through February were the categories of Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Returned exports, with change; Computer chips; and Low value shipments, respectively. They accounted for 41.88 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; T-shirts, tank tops, knit or crocheted; Melons and papayas; and Women’s or girls’ suits, not knit –– accounted for 59.12 percent of all inbound shipments.

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

  • Gasoline, other fuels fell 25.92 percent compared to last year to $257.49 million.
  • Petroleum gases, other gaseous hydrocarbons rose 22.39 percent compared to last year to $47.05 million.
  • Returned exports, with change fell 38.15 percent compared to last year to $44.85 million.
  • Computer chips rose 3401.56 percent compared to last year to $41.96 million.
  • Low value shipments fell 17.54 percent compared to last year to $32.25 million.

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

  • Bananas and plantains, fresh or dried rose 13.43 percent compared to last year to $147.91 million.
  • Sweaters, pullovers, vests, knit or crocheted fell 10.14 percent compared to last year to $87.05 million.
  • T-shirts, tank tops, knit or crocheted rose 37.27 percent compared to last year to $67.16 million.
  • Melons and papayas fell 41.7 percent compared to last year to $42.88 million.
  • Women’s or girls’ suits, not knit rose 13.02 percent compared to last year to $39 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.