Guatemala Export Data
The Republic of Guatemala is another name for Guatemala. Central America is where the country is located. Guatemala is surrounded by numerous countries, including Belize, El Salvador, Honduras, and Mexico, due to its landlocked status. Among the largest countries in Central America is Guatemala. In terms of land area, Guatemala is the twentieth-largest nation in Central America. Guatemala takes up the 107th spot in the world rankings according to area, with 108,889 km^2 of land area. According to Guatemala trade statistics for 2023, out of 226 nations, Guatemala is ranked 88th in the world for the number of commodities exported. Guatemala, known for its rich cultural heritage and scenic beauty, has also made significant strides in its export sector. With a focus on diversifying its exports, the country has emerged as a key export player.
According to Guatemala’s export data, Guatemala exported goods worth a total of $14.2 billion in 2023. Guatemala exported 9% less goods in 2023 than it did in the previous year. Based on Guatemala shipment data for 2023, edible fruit and nuts are Guatemala’s biggest exports, while the USA is its biggest export partner. The GDP of Guatemala is $102.05 billion, with a GDP export share of 17.19%. Guatemala is a part of trading blocs such as the WTO and CAFTA-DR. Let us delve into the Guatemala export data, specifically highlighting the key trends, top export items, and the potential challenges faced by the country with a focus on the Guatemala statistical data for 2023.