Tridge summary
In 2020, Guatemala's export revenue reached $11,513.3 million, marking a 3.1% increase from the previous year, as reported by the Ministry of Economy. This growth was primarily driven by exports of clothing, cardamom, bananas, coffee, and edible fats and oils. Furthermore, Guatemalan representatives are actively pursuing new trade negotiation fronts with India, Indonesia, and Mercosur (Argentina, Uruguay, Brazil, and Paraguay) to enhance their foreign trade activities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
By Redacción PortalPortuario.cl / AGN, @PortalPortuario, The Ministry of Economy (Mineco) of Guatemala reported that exports of goods during 2020 amounted to 11,513.3 million dollars, an amount 3.1% higher than in 2019., According to Edith de Molina, Deputy Minister of Integration and Foreign Trade of Mineco, growth was driven mainly by exports of clothing items (10.5%), cardamom (9.8%), bananas (7.2%), coffee (5.6%) and edible fats and oils (5.1%)., In addition, representatives of the National Council for the Promotion of Exports (Conapex) stated that they have progress and requests for new negotiation fronts between Guatemala, India, Indonesia and Mercosur (a trade bloc made up of Argentina, Uruguay, Brazil and Paraguay) with the objective of to strengthen the foreign ...
Source: CLPortalportuario
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.