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Guatemala: Country Insights
Guatemala is the northernmost country in Central America, with Mexico to the north and west, Belize and the Atlantic Ocean to the east, Honduras and El Salvador to the southeast and the Pacific Ocean to the south. Famed for its volcanoes, textiles, Mayan ruins, and temperate climate in the highlands, Guatemala is at the center of a large regional market for U.S. goods and services.
The United States is Guatemala’s main trading partner whereas Guatemala ranks as the 40th largest export market for U.S. exports. Principal U.S. exports to Guatemala in 2012: oil (33%); machinery (9%); cereals (6%); electrical machinery (95%); cereals (5%) and plastics (4%).
U.S. products and services enjoy strong name recognition in Guatemala, and U.S. firms have a good reputation in the Guatemalan marketplace. It is estimated that approximately 175 U.S. firms have a presence in the market. As a result, more than one third of all Guatemalan imports come from the United States.
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