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Guatemala
(information)
Population as of 2020: 17.9 million
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Top Exports
Guatemala's export economy is diverse, with significant contributions from agriculture, manufacturing, and other sectors. In 2023, the country's total exports were valued at approximately $15.8 billion.
- **Bananas and Plantains**: In 2023, Guatemala exported bananas and plantains worth over $1.1 billion.
- **Coffee**: Coffee exports reached approximately $1.5 billion USD in 2023, making it Guatemala’s top export product.
- **Palm Oil**: Palm oil exports were valued at $446.5 million in 2017, reflecting its importance in the agricultural sector.
- **Nutmeg**: Nutmeg exports amounted to $367 million in 2017, highlighting Guatemala's role in the spice trade.
- **Knitted or Crocheted Clothing and Accessories**: Exports in this category were valued at $1.38 billion in 2023, accounting for 9.7% of total exports.
- **Sugar and Sugar Confectionery**: Exports of sugar products were valued at $775.2 million in 2023, representing 5.5% of total exports.
- **Animal and Vegetable Fats, Oils, and Waxes**: These exports were valued at $1.1 billion in 2023, making up 7.5% of total exports.
- **Vegetables**: Exports of vegetables were valued at $409.3 million in 2023, accounting for 2.9% of total exports.
- **Beverages, Spirits, and Vinegar**: Exports in this category were valued at $402.6 million in 2023, representing 2.8% of total exports.
- **Pharmaceutical Products**: Exports of pharmaceutical products were valued at $397.5 million in 2023, also accounting for 2.8% of total exports.
