Guatemalan Exports Up 2% in 2019

During 2019, the global amount of exports reached Ch$11,184 million, with clothing, bananas, coffee, sugar and cardamom being the main products sold abroad.

Thursday, February 13, 2020

The total amount of General Trade exports was of Ch$11,184 million, higher by Ch$214 million (2%) than that recorded in 2018 (Ch$10,970 million). The most important products according to their participation in the total value of exports were: Clothing with Ch$1,398 million (12.5%), Banana with Ch$843.6 million (7.5%), Sugar with Ch$695 million (6.2%), Coffee with Ch$662.4 million (5.9%), as well as Cardamom with Ch$648 million (5.8%). These products represented 37.9% of total exports, reported the Bank of Guatemala.

The report states that "... The main export destinations were: United States of America with US$3,625.8 million (32.4%); Central America with US$3,364.8 million (30.1%); Eurozone with US$893.6 million (8.0%); Mexico with US$551.9 million (4.9%); and Panama with US$242.5 million (2.2%); countries and regions that together represented 77.6% of the total.

The total amount of imports made was of US$19,881.4 million, higher by US$207.0 million (1.1%) than the registered in 2018 (US$19,674.4 million). The increase in imports was mainly influenced by the positive variation observed in Non-Durable Consumer Goods with a rise of US$149.4 million (4.2%) as well as in Capital Goods for Industry with a rise of US$161.7 million (6.1%).

The imports came mainly from the United States of America with US$7,361.4 million (37.0%); Central America with US$2,352.5 million (11.8%); People's Republic of China with US$2,228.5 million (11.2%); Mexico with US$2,192.6 million (11.0%); and the Euro Zone with US$1,289.2 million (6.5%); countries and regions that together represented 77.5% of the total.
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More on this topic

Guatemalan Exports Exceed $10 Billion

February 2020

As of November 2019, the global amount of exports reached $10.185 million, with clothing, bananas, coffee and sugar being the main products sold abroad.

The total amount of General Trade exports was $10.184 million, higher by $114 million (1.1%) than that recorded up to November 2018 ($10.070 million).

Capital Goods Imports grow at 5%

December 2019

Between January and October 2019, imports of Capital Goods reached $2.853 billion, 5% higher than reported in the same period of 2018.

Total imports reached $16.582 million, $124 million (0.8%) higher than October 2018 ($16.458 million). The increase in imports was mainly influenced by the positive variation observed in Non-Durable Consumer Goods with a $148 million (5.1%) increase as well as in Capital Goods for Industry with a $117.1 million (5.4%) increase, informed the Banco de Guatemala.

Guatemala: Exports Exceed $8 Billion

November 2019

Up to September 2019, the global amount of exports reached $8.419 million, with clothing, bananas and coffee being the main products sold abroad.

The total amount of General Commerce exports stood at $8,418.8 million, $66.7 million higher than that recorded in September 2018 ($8,352.1 million).

Guatemalan Imports Up 4%

June 2019

During the first four months of the year, the country's imports totaled $6,394 million, an amount 4.2% higher than that reported in the same period in 2018, a behavior that was influenced by purchases of fuels and lubricants.

From the Bank of Guatemala report:

The total amount of imports made was of US$6,393.8 million, higher by US$257.5 million (4.2%) to the registered up to April 2018 (US$6,136.3 million).

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