In 2024, Guatemala export shipments reached a total value of US$14.6 billion, marking a 27.9% increase compared with $11.4 billion in exports recorded in 2020.

On a year-over-year basis, Guatemala export performance continued to improve, with total exports rising 2.8% from 2023 to 2024, up from $14.2 billion the previous year.

The United States, El Salvador, Honduras, Nicaragua, and Mexico were Guatemala’s five largest export destinations in 2024. Combined, these key markets generated 69.3% of total Guatemala export revenue, underscoring the country’s strong reliance on regional and neighboring trade partners.

From a regional perspective, Latin America (excluding Mexico but including the Caribbean) accounted for the largest share of Guatemala export value, absorbing 46.3% of total shipments.

North America ranked second with 38.5%, followed by Europe, which received 8.4% of Guatemala’s exported goods.

Smaller portions of Guatemala export flows were directed to Asia (6.2%), Africa (0.4%), and Oceania (0.2%), mainly Australia and New Zealand.

Top Trading Partners for Guatemala

The following list highlights 25 of Guatemala's top trading partners in 2024, ranked by import value and share of overall Guatemala export activity:

· United States: $4.7 billion (32.2%)

· El Salvador: $2 billion (13.4%)

· Honduras: $1.7 billion (11.5%)

· Nicaragua: $1.1 billion (7.3%)

· Mexico: $726.6 million (5%)

· Costa Rica: $673.5 million (4.6%)

· Netherlands: $496.6 million (3.4%)

· Panama: $328 million (2.2%)

· Dominican Republic: $287.4 million (2%)

· Canada: $185.1 million (1.3%)

· Saudi Arabia: $180.9 million (1.2%)

· Spain: $171.4 million (1.2%)

· Belize: $140.3 million (1%)

· United Arab Emirates: $137.7 million (0.9%)

· Colombia: $125.2 million (0.9%)

· Japan: $122.3 million (0.8%)

· Taiwan: $120.5 million (0.8%)

· Chile: $112.1 million (0.8%)

· Belgium: $107.7 million (0.7%)

· United Kingdom: $102.4 million (0.7%)

· Germany: $101.7 million (0.7%)

· Italy: $98.9 million (0.7%)

· Peru: $98.4 million (0.7%)

· Ecuador: $91.2 million (0.6%)

· South Korea: $88.8 million (0.6%)

Together, these 25 destinations absorbed 95.2% of total Guatemala export value in 2024.

Fastest-Growing and Declining Guatemala Export Markets

The strongest growth in Guatemala export destinations from 2023 to 2024 came from Colombia (+86%), followed by Saudi Arabia (+58.1%), United Arab Emirates (+54.3%), Canada (+30.3%), and South Korea (+29.7%).

Meanwhile, notable declines in Guatemala export demand were recorded in Spain (-41.6%), Italy (-29%), Germany (-24.1%), Netherlands (-19.1%), Japan (-16.7%), and Chile (-10.3%).

Identifying Main Guatemala Export Destinations

For companies looking to expand into international markets, understanding Guatemala export destinations is critical. With Tendata's trade intelligence tools—such as HS code filtering and keyword-based searches—businesses can quickly identify verified buyers, analyze purchasing trends, and access detailed contact information, significantly reducing market entry time.

For example, when researching LED product demand, Tendata can instantly display the top Guatemala export destinations for 2024.

Find More Guatemala Export Data

Sample Companies Involved in Guatemala Export (LED Products)

1. HLI SOLUTIONS INC (21.4%, $0.19 million)

2. UNILUMIN USA LLC (18.9%, $0.16 million)

3. BOLIVAR TRADING INC (9.17%, $0.08 million)

4. COOPER LIGHTING LLC (4.38%, $0.04 million)

5. ROGELIO ORLANDO ASCENCIO GONZALEZ (4.07%, $0.04 million)

6. BEGHELLI USA (3.78%, $0.03 million)

7. NAZDAR INK TECHNOLOGIES (2.78%, $0.02 million)

8. JS LED TECHNOLOGY CORP (2.26%, $0.02 million)

9. PRICESMART INC (2.16%, $0.02 million)

10. AMERLUX LLC (2.05%, $0.02 million)

Whether you are an experienced exporter or just entering global trade, leveraging accurate Guatemala export data can help uncover valuable market opportunities. For comprehensive export statistics and buyer insights, contact Tendata to request a free online demo.