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Guatemala

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On August 5, 2004, the United States signed the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) with five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua) and the Dominican Republic (the Parties). Under the Agreement, the Parties significantly liberalizes trade in goods and services.

The CAFTA-DR also includes important disciplines relating to: customs administration and trade facilitation, technical barriers to trade, government procurement, investment, telecommunications, electronic commerce, intellectual property rights, transparency and labor and environmental protection.

The Agreement entered into force for the United States and El Salvador on March 1, 2006; for, Honduras and Nicaragua on Aril 1 2006; and for Guatemala on July 1, 2006. The CAFTA-DR entered into force for the Dominican Republic on March 1, 2007, and for Costa Rica on January 1, 2009.

U.S.-Guatemala Trade Facts

U.S. goods and services trade with Guatemala totaled an estimated $12.4 billion in 2016 (latest data available). Exports were $7.4 billion; imports were $4.9 billion. The U.S. goods and services trade surplus with Guatemala was $2.5 billion in 2016.

Guatemala is currently our 43rd largest goods trading partner with $10.9 billion in total (two way) goods trade during 2017. Goods exports totaled $6.9 billion; goods imports totaled $4.0 billion. The U.S. goods trade surplus with Guatemala was $2.9 billion in 2017.

Trade in services with Guatemala totaled an estimated $2.6 billion in 2016 (latest data available). Services exports totaled $1.6 billion; services imports totaled $997 million. The U.S. services trade surplus with Guatemala was $600 million in 2016.

According to the Department of Commerce, U.S. exports of Goods and Services to Guatemala supported an estimated 34 thousand jobs in 2015 (latest data available) (25 thousand supported by goods exports and 9 thousand supported by services exports).

Exports

  • Guatemala was the United States' 35th largest goods export market in 2017.

  • U.S. goods exports to Guatemala in 2017 were $6.9 billion, up 18.2% ($1.1 billion) from 2016 and up 69.6% from 2007. U.S. exports to Guatemala are up 143% from 2005 (pre-FTA). 

  • The top export categories (2-digit HS) in 2017 were: mineral fuels ($2.6 billion), special other (medicinal and pharmaceutical products donated for relief) ($559 million), machinery ($458 million), electrical machinery ($345 million), and cereals (corn) ($298 million).

  • U.S. total exports of agricultural products to Guatemala totaled $1.1 billion in 2017. Leading domestic export categories include: corn ($145 million), soybean meal ($136 million), wheat ($118 million), poultry meat & prods. (ex. eggs) ($118 million), and cotton ($69 million).

  • U.S. exports of services to Guatemala were an estimated $1.6 billion in 2016 4.9% ($74 million) more than 2015.  Leading services exports from the U.S. to Guatemala were in the travel, transport, and intellectual property (audio visual and related products) sectors. 

Imports

  • Guatemala was the United States' 53rd largest supplier of goods imports in 2017.

  • U.S. goods imports from Guatemala totaled $4.0 billion in 2017, up 2.0% ($77 million) from 2016, and up 32.7% from 2007. U.S. imports from Guatemala are up 28.0% from 2005 (pre-FTA). 

  • The top import categories (2-digit HS) in 2016 were: edible fruit & nuts (bananas, plantains)  ($1.1 billion), knit apparel ($1.1 billion), woven apparel ($280 million), coffee, tea & spice (coffee) ($268 million), and precious metal and stone (silver, gold) ($249 million).

  • U.S. total imports of agricultural products from Guatemala totaled $2.1 billion in 2017. Leading categories include: bananas and plantains ($907 million), coffee, unroasted ($329 million), other fresh fruit ($268 million), fresh vegetables ($125 million), and processed fruit & vegetables ($114 million).

  • U.S. imports of services to Guatemala were an estimated $997 million in 2016 1.2% ($12 million) less than 2015.  Leading services imports from Guatemala to the U.S. were in the travel, telecommunications, computer, and information services, and transport sectors. 

Trade Balance

  • The U.S. goods trade surplus with Guatemala was $2.9 billion in 2017, a 51.8% increase ($983 million) over 2016.

  • The United States has a services trade surplus of an estimated $600 million with Guatemala in 2016 (latest data available), up 23.0% from 2015. 

Investment

  • U.S. foreign direct investment (FDI) in Guatemala (stock) was $1.0 billion in 2017, a 5.6% increase from 2016.

  • Guatemala's FDI in the United States (stock) was $2 million in 2016 (latest data available). There is no information on the distribution of Guatemala FDI in the U.S.

  • Sales of services in Guatemala by majority U.S.-owned affiliates were $796 million in 2015 (latest data available), while sales of services in the United States by majority Guatemala-owned firms were $5 million.