Tariff access and bilateral trade with the European Union
- Trade agreements and market access
- Agreements and preferences in force
- not audited
According 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.
The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.
Figures
- Trade with the EU that is duty-free
- ~95%
- The EU's rank as a Guatemalan partner
- no. 4 in exports and imports
- Guatemalan exports to the EU
- US$1,426.5 M
- Guatemalan imports from the EU
- US$1,999.8 M
- Trade balance with the EU
- US$−573 M
- Exports / imports / balance with the EU
- 1,536.8 / 2,178.8 / −642 (US$ M)
- Exports / imports / balance with the EU
- 1,004.8 / 1,203.7 / −199 (US$ M)
- Exports / imports / balance with the EU
- 927.8 / 1,407.3 / −480 (US$ M)
Caveat
Sources
Related records
- Guatemala's WTO membership and tariff binding coverage
- CAFTA-DR's entry into force and parties for Guatemala
- Guatemala's trade with CAFTA-DR partners 20 years on
- Timeline of the EU–Central America Association Agreement
- Entry into force of the Central America–Mexico FTA for Guatemala
- Tariff elimination and quotas under the Mexico FTA
This layer is research: read from public sources by the archive's own team, every claim cited with the date it was consulted, and audited where it is marked so. It has not entered the verified store — no figure here was fetched back from its source or stamped with a retrieval time — so it wears no red provenance numeral and never mixes with the verified figures.