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Guatemala

Guatemala ranked No. 44 in total trade value through June with a total of $5.37 billion. Exports totaled $3.31 billion and Imports totaled $2.06 billion, a surplus of $1.26 billion.

January – June 2019

Top Trading Ports

Total Trade: $5.37 billion

RankPortTotal YTD
1Port of Houston $544,508,288
2Port Miami $517,347,523
3Port of New Orleans $509,464,312
4Port Everglades, Fla. $505,427,249
5Miami International Airport $312,550,141
6Port of Corpus Christi, Texas $285,620,250
7Port of Los Angeles $255,262,153
8Port of Gulfport, Miss. $231,958,837
9Port of Pascagoula, Miss. $173,521,858
10Port of Philadelphia $166,559,087

U.S. trade with Guatemala rose to $5.37 billion through June

Guatemala’s trade with the United States rose to $5.37 billion through the first six months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.67 percent below its total trade during the same time period last year. Guatemala’s exports increased 0.59 percent while imports fell 5.11 percent. The U.S. surplus with Guatemala was $1.26 billion.

Through June, 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 of New Orleans; No. 4 Port Everglades, Fla.; 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 Houston No. 4 Port of New Orleans and No. 5 Miami International Airport. In the current time period, the top five accounted for 44.5 percent of Guatemala’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 5.47 percent to $544.51 million.
    Exports rose 4.28 percent to $419.25 million. Imports rose 9.69 percent to $125.26 million.
  • Trade with No. 2 Port Miami fell 19.86 percent to $517.35 million.
    Exports fell 34.65 percent to $195.6 million. Imports fell 7.08 percent to $321.74 million.
  • Trade with No. 3 Port of New Orleans fell 1.1 percent to $509.46 million.
    Exports rose 0.08 percent to $472.21 million. Imports fell 13.95 percent to $37.25 million.
  • Trade with No. 4 Port Everglades, Fla. fell 6.39 percent to $505.43 million.
    Exports fell 1.23 percent to $238.86 million. Imports fell 10.58 percent to $266.56 million.
  • Trade with No. 5 Miami International Airport rose 8.72 percent to $312.55 million.
    Exports rose 17.94 percent to $248.99 million. Imports fell 16.77 percent to $63.56 million.

Guatemala ranked No. 44 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 47.

Meanwhile, total U.S. trade with the world increased to $2.06 trillion, down 0.14 percent compared to the same period last year. The nation’s exports dropped 0.75 percent to $823.61 billion; imports climbed 0.28 percent to $1.24 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $412.15 billion, up compared to the same period of last year when the deficit was $402.47 billion.

The top five U.S. exports to Guatemala by value through June were the categories of Gasoline, other fuels; Returned exports, with change; Low value shipments; Corn; and Petroleum gases, other gaseous hydrocarbons, respectively. They accounted for 47.09 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; Coffee; and Melons and papayas –– accounted for 61.88 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 21.96 percent compared to last year to $1.13 billion.
  • Returned exports, with change fell 38.12 percent compared to last year to $132.05 million.
  • Low value shipments fell 1.12 percent compared to last year to $114.18 million.
  • Corn rose 8.23 percent compared to last year to $98.9 million.
  • Petroleum gases, other gaseous hydrocarbons fell 24.03 percent compared to last year to $84.01 million.

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

  • Bananas and plantains, fresh or dried rose 0.16 percent compared to last year to $468.33 million.
  • Sweaters, pullovers, vests, knit or crocheted fell 9.93 percent compared to last year to $271.73 million.
  • T-shirts, tank tops, knit or crocheted rose 29.88 percent compared to last year to $211.88 million.
  • Coffee fell 1.89 percent compared to last year to $203.47 million.
  • Melons and papayas fell 30.17 percent compared to last year to $117.34 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.