The major exports are chemical products and coffee, followed by sugar, bananas, crude petroleum, and cardamom. The exports of vegetables, fresh fruits, cut flowers, and seafoods are of increasing importance.
What does Guatemala export most?
Guatemala mainly exports coffee and clothes, each representing 12 percent of total exports. Other exports include: sugar, banana and precious metals. Guatemala’s mains export partner is the United States (40 percent of exports). Others include: Mexico, El Salvador, Honduras and the Euro Area.
What does Guatemala export and import?
U.S. merchandise exports to Guatemala were $6.29 billion in 2020. Leading U.S. exports to Guatemala include mineral fuel oil, machinery, electric machinery, and cereals (corn, wheat, and rice).
|Product||US Imports in 2020|
|Coffee, tea, mate, and spices||$272.50M|
|Edible vegetables and certain roots and tubers||$251.46M|
What does Guatemala export to the US?
The top export categories (2-digit HS) in 2019 were: mineral fuels ($2.4 billion), special other (medicinal and pharmaceutical) ($632 million), machinery ($443 million), cereals (corn) ($352 million), and electrical machinery ($345 million).
What is Guatemala known for producing?
Guatemala – Agriculture
The principal cash crops are coffee, sugar, bananas, and cotton, followed by hemp, essential oils, and cacao. Coffee is grown on highland plantations; most of the bananas are produced along the Atlantic coastal plain.
What types of things do you think Guatemala is most likely to export and why?
Over the past several years, tourism and exports of textiles, apparel, and nontraditional agricultural products such as winter vegetables, fruit, and cut flowers have boomed, while more traditional exports such as sugar, bananas, and coffee continue to represent a large share of the export market.
What products are manufactured in Guatemala?
Guatemalan factories produce beverages, candles, cement, pharmaceuticals, chemicals, cigarettes, foodstuffs, furniture, matches, molasses, rubber goods, shirts, shoes, soap, sugar, textiles, and apparel.
What are the top 3 Imports of Guatemala?
Guatemala’s main imports are oil, capital goods and consumer goods. Guatemala’s main import partner is the United States (38 percent of total imports). Others include: Mexico, China, and Central America.
What do we import from Guatemala?
U.S. imports from Guatemala were USD 4.2 billion in 2018, a slight increase from 2017. U.S. imports include edible fruits and nuts; knit aparel; coffee, tea and spices; woven apparel; edible vegetables, roots and tubers.
What are Guatemala natural resources?
Overview of Resources
Guatemala has abundant mineral reserves that include uranium, sand and gravel, nickel, limestone, petroleum, coal, gold, silver, copper, iron ore and cobalt. These minerals play a significant role in providing investment potential for fostering development and exploration in the country.
Why Guatemala is poor?
Many depend on farming inherited land as their sole source of income, contributing to cyclical poverty in Guatemala. As 65 percent of the land is controlled by 2.5 percent of farms, land is passed down through families and most consider farming one of their only options.
What are 5 interesting facts about Guatemala?
11 Surprising Cultural Facts You Didn’t Know About Guatemala
- The national bird lends its name to the Guatemalan currency. …
- Guatemala means “land of many trees” …
- It has been inhabited for 20,000 years. …
- 22 languages are spoken in the country. …
- The CIA overthrew a socialist government in 1954.
What are El Salvador’s main exports?
El Salvador exports mainly manufactured products (97 percent of total sales), such as textiles, chemicals ,rubber and plastics and metallic products. The country is also a traditional exporter of sugar and coffee. The main export partner is the United States with 45 percent of total sales.
What are the major crops and exports in Guatemala?
Agriculture provides the backbone of Guatemala’s economy, contributing 25 per cent of GDP, employing over half the labour force and providing two thirds of exports, mostly coffee, sugar, bananas and beef. Guatemala’s three main staple foods are maize, beans and rice.
What is a product in Guatemala?
Guatemala’s 5 most valuable export products are: spices including nutmeg and cardamons; bananas including plantains; coffee; sugar; and palm oil. Collectively, those major product groups account for almost a third (32.5%) of total Guatemalan exported goods by value.