Guatemala - Foreign trade



The Guatemalan commodity export market is dominated by coffee (21%) and sugar (7.5%). Other main exports are bananas (6.6%), medicinal and pharmaceutical products (3.2%), vegetables (3.2%), and cardamom (2.9%). Most exports go to the US. Nontraditional exports, such as cut flowers, fruits and berries, shrimp, and textile assembly, are of growing importance to the Guatemalan economy.

In 2000 Guatemala's imports were distributed among the following categories:

Guatemala

Consumer goods 13.1%
Food 10.1%
Fuels 12.5%
Industrial supplies 31.7%
Machinery 20.3%
Transportation 12.2%
Other 0.1%

Principal trading partners in 2000 (in millions of US dollars) were as follows:

Guatemala

COUNTRY EXPORTS IMPORTS BALANCE
United States 975 1,940 -965
El Salvador 341 314 27
Honduras 233 84 149
Costa Rica 127 201 -74
Mexico 120 571 -451
Germany 108 127 -19
Canada 63 99 -36
Japan 63 152 -89
Panama 55 163 -108
Nicaragua 114 n.a. n.a.
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