🇬🇹

Export Market

Guatemala

ISO: GT / GTM

Country Profile

Capital Guatemala City
Population 18.1M
GDP $113.2B (2024)
GDP per Capita $6,150
Income Level Upper-Middle Income
Currency Guatemalan quetzal (GTQ Q)
Language Spanish
Timezone UTC-06:00
Region North America · Central America

Trade Partners

Guatemala Exports To

  • USA 33.0%
  • El Salvador 11.0%
  • Honduras 9.0%
  • Nicaragua 6.0%
  • Mexico 4.0%

Key exports: garments, bananas, coffee, palm oil, raw sugar (2023)

Guatemala Imports From

  • USA 30.0%
  • China 19.0%
  • Mexico 11.0%
  • El Salvador 4.0%
  • Costa Rica 3.0%

Key imports: refined petroleum, video displays, cars, trucks, packaged medicine (2023)

Economic Overview

developing Central American economy; steady economic growth fueled by remittances; high poverty and income inequality; limited government services, lack of employment opportunities, and frequent natural disasters impede human development efforts and drive emigration

Government: presidential republic

UK Trade Status

FTA in Force

The UK has a free trade agreement with Guatemala, providing preferential market access for UK exporters.

Geographic Region

Latin America and Caribbean

Export Guidance

Relevant guidance for exporting to Guatemala.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇷 Argentina 🇧🇸 Bahamas FTA 🇧🇧 Barbados FTA 🇧🇿 Belize FTA 🇧🇴 Bolivia 🇧🇷 Brazil 🇨🇱 Chile FTA 🇨🇴 Colombia FTA

Official Resources

Government export support for Guatemala.

great.gov.uk Market Guide → GOV.UK Country Information →
← Back to All Markets