As per Guatemala export data Guatemala is considered as a developing economy and it is highly dependent on its traditional agriculture crops such as Coffee, Sugar and Bananas. The traditional export of goods represents a large share to the market. As per Guatemala export trade data the economy of Guatemala is dominated by the private sector which generates GDP of about 85% as per recorded figures.
As per Guatemala export customs data shows top ranked Exporting products from Guatemala are its Traditional Agricultural product it includes – Coffee, Tea, Sugar, Spices etc. Second top Exporting products are Edible Fruits and Nuts. Textiles & Knitted Apparel are top third export from Guatemala.
According to Guatemala export statistics data united States is top leading trading partner of Guatemala with a share of 32%. Second top trading partner is El Salvador with a share of 11.2% and Honduras with a share of 8.73 is third top trading partner of Guatemala.
As according to Guatemala export trade statistics data the value of merchandise exports from Guatemala totaled $ 11.6 billion in 2020. Merchandise exports from Guatemala increased by 3.27% compared to 2019. Goods exports grew up by $ 369 million in 2020 the value of merchandise exports from Guatemala amounted to $11.2 billion in 2019.