Exports in Guatemala

Guatemala Exports (%) | Economic News & Forecasts

Guatemala - Exports (percent change)

The economy likely remained in the doldrums in Q3 amid the ongoing health crisis. Economic activity continued to contract in July–September, although the drop in September was the softest since the outbreak of the crisis in March. Moreover, merchandise imports dropped at a quicker rate in July compared to the prior month, suggesting that domestic demand remained frail. More positively, however, exports of goods returned to growth in the same month for the first time since February, while household consumption should have been supported by solid growth in remittance inflows in Q3, although the pace of expansion eased from the prior quarter. Turning to Q4, prospects are less than rosy due to a surge in new Covid-19 cases across the globe, which will likely dent exports and the tourism sector, while remittances could suffer from renewed restrictions abroad.

Guatemala - Exports (%) Data

2015   2016   2017   2018   2019  
Exports (annual variation in %)-1.2  -2.1  5.1  -0.1  1.9  

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Guatemala Facts

Value Change Date
Exchange Rate7.710.22 %Jan 01

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