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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. 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 $9.8 billion in total (two way) goods trade during 2016. Goods exports totaled $5.8 billion; goods imports totaled $3.9 billion. The U.S. goods trade surplus with Guatemala was $1.9 billion in 2016.

Trade in services with Guatemala (exports and imports) totaled an estimated $2.6 billion in 2016. Services exports were $1.6 billion; services imports were $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' 37th largest goods export market in 2016.

  • U.S. goods exports to Guatemala in 2016 were $5.8 billion, up 0.3% ($20 million) from 2015 and up 66.3% from 2006. U.S. exports to Guatemala are up 106% from 2005 (pre-FTA). 

  • The top export categories (2-digit HS) in 2016 were: mineral fuels ($1.8 billion), machinery ($480 million), special other (donated products, low value shipments) ($433 million), cereals (corn) ($325 million), and electrical machinery ($286 million).

  • U.S. total exports of agricultural products to Guatemala totaled $1.1 billion in 2016, our 24th largest agricultural export market. Leading domestic export categories include: corn ($174 million), soybean meal ($140 million), wheat ($112 million), poultry meat & prods. (ex. eggs) ($104 million), and cotton ($62 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 (franchise fees and industrial processes) sectors. 

Imports

  • Guatemala was the United States' 52nd largest supplier of goods imports in 2016.

  • U.S. goods imports from Guatemala totaled $3.9 billion in 2016, down 4.4% ($183 million) from 2015, but up 26.9% from 2006. U.S. imports from Guatemala are up 25.5% 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 $1.9 billion in 2016, our 22nd largest supplier of agricultural imports. Leading categories include: bananas and plantains ($806 million), other fresh fruit ($286 million), coffee, unroasted ($258 million), raw beet & cane sugar ($144 million), and processed fruit & vegetables ($119 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 $1.9 billion in 2016, a 11.9% increase ($203 million) over 2015.

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

Investment

  • U.S. foreign direct investment (FDI) in Guatemala (stock) was $1.0 billion in 2016, a 6.3% decrease from 2015.There is no information on the distribution of U.S. FDI in Guatemala.

  • Guatemala's FDI in the United States (stock) was $3 million in 2016.There is no information on the distribution of GuatemalaFDI 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.