According to the cited documentsTrade
Trade with the EU that is duty-free
~95%
2024 (MINECO figure)MINECO/DACEAccording to MINECO's profile (June 2024), around 95% of trade with the EU is duty-free. The EU is Guatemala's number 4 trading partner in both exports and imports; Guatemala ranks 110th as a supplier to the EU and 112th as a customer. Bilateral trade in US$ million (Banguat data via MINECO): 2018 exports 927.8, imports 1,407.3, balance −480; 2020: 1,004.8 / 1,203.7 / −199; 2022: 1,536.8 / 2,178.8 / −642; 2023: 1,426.5 / 1,999.8 / −573. The balance is in deficit for Guatemala in every year observed.
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- The EU's rank as a Guatemalan partner
No. 4 in exports and imports
2024 (MINECO figure)MINECO/DACE - Trade balance with the EU
US$−573 M
2023MINECO/DACE - Guatemalan exports to the EUUS$1,426.5 M2023MINECO/DACE
- Guatemalan imports from the EUUS$1,999.8 M2023MINECO/DACE
- Exports / imports / balance with the EU1,536.8 / 2,178.8 / −642 (US$ M)2022MINECO/DACE