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The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR)[1] region and Panama combine to represent the seventh-largest market for U.S consumer-oriented products, totaling $3.7 billion in 2022.
The Guatemalan economy relies on foreign exchange generated by remittances, international trade, and the tourism sector. Guatemala represents a growing market for U.S. companies and is a country with relative economic stability. U.S. exports of agricultural products to Guatemala in 2021 increased 28 percent from year 2020, reaching $1.6 billion.
Guatemala adopted science-based regulations for the adoption of agricultural biotechnology in 2018. These regulations were immediately challenged by activists but in 2021 the Supreme Court and Constitutional Court reaffirmed the legality of the regulatory process, paving the way for the approvals of the first applications in April 2021.
In June 2022 the Government of Guatemala confirmed that poultry products exported to Guatemala no longer need the USDA export mark on every box, and instead USDA can apply the mark on every consignment, pallet, or transportation unit. This has resulted in more efficient export clearance times with reduced labor, dock space and loading time which ultimately translates into better poultry prices for consumers.
The HRI report provides U.S. agricultural exporters current information on market trends and the best product prospects for the Guatemalan market.
The Ministry of Health issued three updates this year: a) Presidential Decree 53-2022 establishes new fees for services as of March 1, 2022 b) Technical Norm 001-2022 provides regulations for food supplements, and c) Communication dated June 1, 2022 establishes guidance for sampling processed food products in Guatemala as part of the routine surveillance.
This report contains the list of all the mandatory export certificates required by the Government of Guatemala for agricultural imports. This report has no changes from its 2021 version.
Supermarkets, hypermarkets, and independent food stores, continue expanding in Guatemala; imports of U.S. consumer-oriented products have continued to grow and in 2021, the value of these products reported a record year of $637 million.
Guatemala maintains its 305,000 Ha of coffee, but harvested area is slightly reduced due to higher production costs, both inputs and labor. Production costs raised 32 percent as fertilizer prices continue doubling and migration is negatively impacting labor availability.
Guatemala continues to be a net importer of both yellow corn and rice. Corn area and production in MY2022/2023 are forecast to shrink one percent as some commercial farmers have decided not to plant corn given record high increases of more than 100 percent in fertilizer costs (mainly urea) and a nearly 90 percent increase in oil prices.
In marketing year 2022/2023, Guatemala is forecast to produce 2.6 million metric tons of sugar from sugarcane from a harvested area of 258,000 hectares.
Guatemala is one of the top food processing countries in Central America; meats and bakery and dairy products continue to lead the domestic food processing sector. U.S. suppliers have good opportunities to export bulk, intermediate, and consumer-oriented products that can be used as ingredients for further processing.