Guatemala

Guatemala ranked No. 42 in total trade value through June with a total of $4.87 billion. Exports totaled $2.92 billion and Imports totaled $1.95 billion, a surplus of $971.75 million.

Top Trading Ports

RankPortYTD
1Port Miami$477.39 M
2Port of New Orleans$472.68 M
3Port of Houston$453.34 M
4Port Everglades, Fla.$453.17 M
5Miami Int'l Airport$274.51 M
6Port of Savannah, Ga.$172.66 M
7Port of Wilmington, Dela.$171.85 M
8Port of Philadelphia$166.05 M
9Port of Gulfport, Miss.$164.39 M
10Port of Los Angeles$143.63 M

U.S. trade with Guatemala rose to $4.87 billion through June

Guatemala’s trade with the United States rose to $4.87 billion through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 9.34 percent below its total trade during the same time period last year. U.S. exports to Guatemala decreased 11.85 percent while U.S. imports from Guatemala fell 5.28 percent. The U.S. surplus with Guatemala was $971.75 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Miami; No. 2 Port of New Orleans; No. 3 Port of Houston; No. 4 Port Everglades, Fla.; and No. 5 Miami Int’l Airport. During the same period the previous year, the top five were No. 1 Port of Houston; No. 2 Port Miami; No. 3 Port of New Orleans; No. 4 Port Everglades, Fla. and No. 5 Miami Int’l Airport. In the current time period, the top five accounted for 43.78 percent of Guatemala’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami fell 7.72 percent to $477.39 million.
    Exports rose 13.19 percent to $221.4 million. Imports fell 20.44 percent to $255.99 million.
  • Trade with No. 2 Port of New Orleans fell 7.22 percent to $472.68 million.
    Exports fell 7.41 percent to $437.21 million. Imports fell 4.8 percent to $35.46 million.
  • Trade with No. 3 Port of Houston fell 16.74 percent to $453.34 million.
    Exports fell 17.73 percent to $344.93 million. Imports fell 13.45 percent to $108.41 million.
  • Trade with No. 4 Port Everglades, Fla. fell 10.34 percent to $453.17 million.
    Exports fell 12.88 percent to $208.11 million. Imports fell 8.06 percent to $245.06 million.
  • Trade with No. 5 Miami Int’l Airport fell 12.17 percent to $274.51 million.
    Exports fell 19.24 percent to $201.08 million. Imports rose 15.53 percent to $73.43 million.

Guatemala ranked No. 42 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 $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Guatemala by value through June were the categories of Gasoline, other fuels; Returned exports, with change; Corn; Low value shipments; and Misc. uncoated kraft paper, paperboard, respectively. They accounted for 45.51 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 Melons and papayas –– accounted for 61.52 percent of all inbound shipments.

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

  • Gasoline, other fuels fell 28.62 percent compared to last year to $807.06 million.
  • Returned exports, with change rose 64.3 percent compared to last year to $216.97 million.
  • Corn rose 13.01 percent compared to last year to $111.77 million.
  • Low value shipments fell 11.17 percent compared to last year to $101.43 million.
  • Misc. uncoated kraft paper, paperboard rose 15.19 percent compared to last year to $91.62 million.

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

  • Bananas and plantains, fresh or dried rose 3.75 percent compared to last year to $485.91 million.
  • Sweaters, pullovers, vests, knit or crocheted fell 19.05 percent compared to last year to $219.96 million.
  • Coffee rose 7.41 percent compared to last year to $218.54 million.
  • T-shirts, tank tops, knit or crocheted fell 27.05 percent compared to last year to $154.57 million.
  • Melons and papayas rose 1.8 percent compared to last year to $119.45 million.

In the latest annual figures available, Guatemala recorded $10.82 billion in trade with the United States. Total U.S. exports to Guatemala were $ 6.83 billion and imports from Guatemala were $3.99 billion. The U.S. surplus with Guatemala was $2.84 billion.