International Trade in Guatemala

International Trade in Guatemala

Guatemala was highly touched by the global economic crisis which affected the country's exports and the money transfers from expatriates, the Guatemalan economy was very close to enter into recession in 2009, the growth was 0.5%.  The revival of foreign trade and the measures adopted by... Read more

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Market Analyses About Guatemala (36)

Import and Export Services in Guatemala (158)

  • Alexander Aizenstatd, Esq. - Attorney and Counselor at Law
    Alexander Aizenstatd is a Guatemalan lawyer with a Master´s degree from Yale Law School. In addition to practicing law in Guatemala...
  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Guatemala

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...

Business Tips About Guatemala (25)

Agents and Distributors in Guatemala (5)

  • Peacock Trading

    Peacock Trading

    Commodity Sales and Distribution, Guatemala

    We are specialized in international marketing of food products company , raw materials for the manufacture of human foods, additives and...
  • Grupo Regional Empresarial

    Grupo Regional Empresarial

    Foreign Direct investment, Guatemala

    We have a group of professionals with experience in legal advice to companies in all corporate, tax, customs, administrative, human...

Overview About International Trade in Guatemala

Main Industry Sectors

The agricultural sector accounts for 10% of the GDP and employs more than one third of the active population.  The country produces and exports mainly coffee, sugar, bananas, cotton, rubber, cardamon and a variety of precious woods and exotic fruits. The country has a small mining industry and extracts copper, zinc, iron and nickel.
The industry sector accounts for approximately 30% of the GDP and employs 23% of the population. It stands mainly from textiles, paper industries, pharmaceutical products, as well as rubber transformation industries. It has to be noted that since Guatemala's entry into the Free Trade Area of the Americas (FTAA) created by the United States, the advantages in customs have brought an increment in investments and the establishment of American companies in the country.
The service sector represents the largest part of the GDP accounting for more than 60%. The tourism industry is very dynamic and continues to grow.

 

Economic Overview

Guatemala was highly touched by the global economic crisis which affected the country's exports and the money transfers from expatriates, the Guatemalan economy was very close to enter into recession in 2009,

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