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Guatemala

Guatemala ranked No. 43 in total trade value through March with a total of $2.65 billion. Exports totaled $1.63 billion and Imports totaled $1.02 billion, a surplus of $613.43 million.

January – March 2019

Top Trading Ports

Total Trade: $2.65 billion

RankPortTotal YTD
1Port of Houston $297,755,652
2Port Miami $274,874,890
3Port Everglades, Fla. $252,103,437
4Port of New Orleans $216,396,893
5Miami International Airport $186,726,135
6Port of Los Angeles $126,189,513
7Port of Gulfport, Miss. $120,279,637
8Port of Corpus Christi, Texas $94,933,993
9Port of Philadelphia $94,180,524
10Port of Pascagoula, Miss. $91,858,499

U.S. trade with Guatemala rose to $2.65 billion through March

Guatemala’s trade with the United States rose to $2.65 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.15 percent below its total trade during the same time period last year. Guatemala’s exports decreased 3.54 percent while imports fell 5.12 percent. The U.S. surplus with Guatemala was $613.43 million.

Through March, 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 Miami No. 2 Port Everglades, Fla. No. 3 Port of New Orleans No. 4 Port of Houston and No. 5 Miami International Airport. In the current time period, the top five accounted for 46.34 percent of Guatemala’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 20.46 percent to $297.76 million.
    Exports rose 24.62 percent to $234.05 million. Imports rose 7.32 percent to $63.71 million.
  • Trade with No. 2 Port Miami fell 22.11 percent to $274.87 million.
    Exports fell 37.64 percent to $110.91 million. Imports fell 6.32 percent to $163.97 million.
  • Trade with No. 3 Port Everglades, Fla. fell 9.4 percent to $252.1 million.
    Exports fell 7.82 percent to $111.92 million. Imports fell 10.63 percent to $140.19 million.
  • Trade with No. 4 Port of New Orleans fell 18.85 percent to $216.4 million.
    Exports fell 20.79 percent to $197.08 million. Imports rose 8.33 percent to $19.31 million.
  • Trade with No. 5 Miami International Airport rose 26.3 percent to $186.73 million.
    Exports rose 47.18 percent to $155.87 million. Imports fell 26.43 percent to $30.85 million.

Guatemala ranked No. 43 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 $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Guatemala by value through March were the categories of Gasoline, other fuels; Returned exports, with change; Low value shipments; Petroleum gases, other gaseous hydrocarbons; and Computer chips, respectively. They accounted for 44.85 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 Coffee –– accounted for 60.5 percent of all inbound shipments.

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

  • Gasoline, other fuels fell 2.74 percent compared to last year to $515.98 million.
  • Returned exports, with change fell 44.1 percent compared to last year to $66.94 million.
  • Low value shipments fell 8.32 percent compared to last year to $54.42 million.
  • Petroleum gases, other gaseous hydrocarbons rose 12.55 percent compared to last year to $48.25 million.
  • Computer chips rose 2925.42 percent compared to last year to $46.18 million.

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

  • Bananas and plantains, fresh or dried rose 4.56 percent compared to last year to $229.23 million.
  • Sweaters, pullovers, vests, knit or crocheted fell 10.99 percent compared to last year to $129.2 million.
  • T-shirts, tank tops, knit or crocheted rose 31.25 percent compared to last year to $102.82 million.
  • Melons and papayas fell 29.32 percent compared to last year to $86.87 million.
  • Coffee rose 6.35 percent compared to last year to $67.89 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.