Goods exports as a part of the balance of payment rose 22.6% to USD 12.4 bil in Guatemala in 2021, according to the National Statistical Office.
Historically, goods exports as a part of the balance of payment in Guatemala reached an all time high of USD 12.4 bil in 2021 and an all time low of USD 0.978 bil in 1987. When compared to Guatemala's main peers, goods exports as a part of the balance of payment in Belize amounted to USD 0.423 bil, USD 5.38 bil in El Salvador, USD 5.24 bil in Honduras and USD 5.57 bil in Nicaragua in 2021.
Guatemala has been ranked 82nd within the group of 140 countries we follow in terms of goods exports as a part of the balance of payment, 8 places above the position seen 10 years ago.
Goods Exports (BoP, USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Belize | USD bil | 0.538 | 0.443 | 0.457 | 0.451 | 0.425 | ||||||||||||||||
Costa Rica | USD bil | 9.45 | 10.1 | 10.8 | 11.7 | 11.8 | ||||||||||||||||
El Salvador | USD bil | 4.44 | 4.32 | 4.67 | 4.74 | 4.75 | ||||||||||||||||
Guatemala | USD bil | 9.08 | 8.97 | 9.65 | 9.64 | 9.92 | ||||||||||||||||
Honduras | USD bil | 3.99 | 3.94 | 4.57 | 4.37 | 4.27 | ||||||||||||||||
Mexico | USD bil | 381 | 374 | 410 | 451 | 461 | ||||||||||||||||
Nicaragua | USD bil | 3.87 | 3.79 | 4.18 | 4.20 | 4.34 | ||||||||||||||||
USA | USD bil | 1,511 | 1,457 | 1,557 | 1,677 | 1,655 |