Guatemala Balance of Trade

Guatemala recorded a trade deficit of 649.80 USD Million in January of 2014. Balance of Trade in Guatemala is reported by the Banco de Guatemala. Balance of Trade in Guatemala averaged -336.65 USD Million from 1995 until 2014, reaching an all time high of 68.20 USD Million in March of 1996 and a record low of -843.20 USD Million in October of 2013. 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. This page provides - Guatemala Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-649.80 -401.10 68.20 -843.20 -596.17 | 2014/03 1995 - 2014 USD Million Monthly

TO

Guatemala Balance of Trade
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -649.80 2014-01-31 -401.10 68.20 -843.20 -596.17 2014-03-31 USD Million [+]
Current Account -454.60 2013-09-30 -354.70 253.10 -759.50 -458.54 2013-12-31 USD Million [+]
Current Account to GDP -2.90 2012-12-31 -3.40 0.00 -8.40 -3.68 2013-12-31 Percent [+]
Exports 895.90 2014-01-31 932.00 1051.80 145.60 965.01 2014-03-31 USD Million [+]
Imports 1545.70 2014-01-31 1333.10 1610.10 214.00 1463.86 2014-03-31 USD Million [+]
Capital Flows 2517.10 2013-06-30 2262.00 2517.10 76.30 2537.55 2013-12-31 USD Million [+]
Remittances 5246.00 2013-06-30 4915.60 5246.00 96.50 5272.32 2013-12-31 USD Million [+]
[+]


Balance of Trade | Notes
The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and occurs when value of exports is higher than that of imports; a negative balance of trade is known as a trade deficit or a trade gap.


RELATED NEWS

Guatemala Inflation Rate at 3.25 Percent  
The inflation rate in Guatemala was recorded at 3.25 percent in March of 2014. Inflation Rate in Guatemala is reported by the Banco de Guatemala.
Guatemala Capital Flows at 2517.10 USD Million  
Capital Flows in Guatemala increased to 2517.10 USD Million in 2013 from 2262 USD Million in 2012. Capital Flows in Guatemala is reported by the Banco de Guatemala.
Guatemala Changes in Inventories at -152.10 GTQ Million  
Changes in Inventories in Guatemala increased to -152.10 GTQ Million in 2013 from -472.10 GTQ Million in 2012. Changes in Inventories in Guatemala is reported by the Banco de Guatemala.
Guatemala Consumer Price Index (CPI) at 115.46 Index Points  
Consumer Price Index (CPI) in Guatemala increased to 115.46 Index Points in March of 2014 from 115.20 Index Points in February of 2014. Consumer Price Index (CPI) in Guatemala is reported by the Banco de Guatemala.
Guatemala Consumer Spending at 187994.80 GTQ Million  
Consumer Spending in Guatemala increased to 187994.80 GTQ Million in 2013 from 179995 GTQ Million in 2012. Consumer Spending in Guatemala is reported by the Banco de Guatemala.
Guatemala GDP Constant Prices at 221842.30 GTQ Million  
GDP Constant Prices in Guatemala increased to 221842.30 GTQ Million in 2013 from 214088.20 GTQ Million in 2012. GDP Constant Prices in Guatemala is reported by the Banco de Guatemala.
Guatemala Government Budget Value at -414.30 GTQ Million  
Guatemala recorded a government budget deficit of 414.30 GTQ Million in February of 2014. Government Budget Value in Guatemala is reported by the Banco de Guatemala.
Guatemala Government Spending at 25063.60 GTQ Million  
Government Spending in Guatemala increased to 25063.60 GTQ Million in 2013 from 24454.40 GTQ Million in 2012. Government Spending in Guatemala is reported by the Banco de Guatemala.
Guatemala Gross Fixed Capital Formation at 32283.60 GTQ Million  
Gross Fixed Capital Formation in Guatemala increased to 32283.60 GTQ Million in 2013 from 31726.20 GTQ Million in 2012. Gross Fixed Capital Formation in Guatemala is reported by the Banco de Guatemala.
Guatemala Remittances at 5246.00 USD Million  
Remittances in Guatemala increased to 5246 USD Million in 2013 from 4915.60 USD Million in 2012. Remittances in Guatemala is reported by the Bank of Guatemala.
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