Guatemala Balance of TradeApril 2022 Data - 1995-2021 Historical - May Forecast

Name: Guatemala Balance of Trade
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Keywords: Guatemala,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Guatemala recorded a trade deficit of 1070.30 USD Million in May of 2021. source: Banco de Guatemala

Balance of Trade in Guatemala averaged -420.83 USD Million from 1995 until 2021, reaching an all time high of 68.20 USD Million in March of 1996 and a record low of -1070.30 USD Million in May of 2021. This page provides - Guatemala Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala Balance of Trade - values, historical data and charts - was last updated on May of 2022.

Balance of Trade in Guatemala is expected to be -1050.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Balance of Trade is projected to trend around -1070.00 USD Million in 2022, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-1071.90	-1029.30	USD Million	May 2021
Current Account	-36.92	658.79	USD Million	Dec 2021
Imports	2154.00	2159.70	USD Million	Jun 2021
Exports	1131.40	1089.40	USD Million	Jun 2021
Capital Flows	-113.70	511.10	USD Million	Jun 2021
Tourist Arrivals	0.00	538832.00	persons	Jun 2020

Guatemala Balance of Trade

Guatemala’s structural trade deficit reflects the country’s need for oil (over 25 percent of total imports). Guatemala is a net exporter of coffee, apparel, sugar and precious metals. The United States is the Guatemala's main trading partner with 38 percent of the imports and 40 percent of the exports. Others include: Mexico, El Salvador and Honduras.