Agricultural dependencies
Wheat: Guatemala does not produce enough wheat to meet domestic demand, so it imports significant quantities of wheat from countries like the United States, Canada, and Argentina.
Rice: While Guatemala does cultivate rice domestically, it still relies on imports to meet its consumption needs. Major rice-exporting countries like the United States, Thailand, and Vietnam supply Guatemala with rice.
Corn: Corn is a staple food in Guatemala, but the country's production might not always meet the demand. Therefore, Guatemala imports corn from countries like the United States and Mexico to supplement its domestic supply.
https://www.maga.gob.gt/
Guatemala's highest export commodities include:
Coffee: Guatemala is known for its really good coffee that people all over the world love. This luxury product brings in a lot of money for Guatemala because it's so popular.
Bananas: Guatemala grows a ton of bananas on large farms by the ocean and sells them to many countries. This helps Guatemala's economy because bananas are in high demand worldwide.
Guatemala is currently the third largest exporting country of bananas in the world.
One of Guatemala's significant agricultural trade deals:
The CAFTA-DR is a trade agreement between the United States, the Dominican Republic, and Central American countries, including Guatemala. It allows Guatemala duty-free access to the U.S. market for agricultural products like coffee, bananas, and sugar, enhancing export opportunities and promoting economic growth in the agricultural sector.The CAFTA-DR is a trade agreement between the United States, the Dominican Republic, and Central American countries, including Guatemala. It allows Guatemala duty-free access to the U.S. market for agricultural products like coffee, bananas, and sugar, enhancing export opportunities and promoting economic growth in the agricultural sector.
https://globaledge.msu.edu/global-resources/resource/6056#:~:text=The%20Ministry%20of%20Economy%20is,assisting%20the%20development%20of%20enterprises.