Guatemala Balance of Trade - Forecast

Balance of Trade in Guatemala is expected to be -637.38 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Guatemala to stand at -660.40 in 12 months time. In the long-term, the Guatemala Balance of Trade is projected to trend around -632.55 USD Million in 2020, according to our econometric models.


Guatemala Balance of Trade
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Guatemala Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -841 -637 -575 -613 -660 -633
Exports 903 902 902 902 902 902
Imports 1744 1539 1477 1511 1563 1535
Current Account -238 383 383 383 383 383
Current Account to GDP 1.5 0.22 -0.54 0.3 -1.72 -0.26
Capital Flows 1846 1169 1156 1142 1260 1624
Remittances 7160 7360 7592 7825 7957 9792
Gold Reserves 6.9 6.89 6.89 6.89 6.89 6.89
Terrorism Index 0.51 0.65 0.58 0.51 0.62 1.83
Tourist Arrivals 490581
Foreign Direct Investment 282 276 276 276 276 276
Crude Oil Production 9 8.64 9 9.88 10.03 9.36