About Guatemala

Guatemala, a Central American country south of Mexico, is home to volcanoes, rainforests and ancient Mayan sites. The capital, Guatemala City, features the stately National Palace of Culture and the National Museum of Archaeology and Ethnology. Antigua, west of the capital, contains preserved Spanish colonial buildings. Lake Atitlán, formed in a massive volcanic crater, is surrounded by coffee fields and villages

Country Name: Guatemala
Region: Central America
Capital: Guatemala City
Official Language: Spanish
Currency: Guatemalan Quetzal (GTQ)
Population: (update to current data)
Time Zone: Central Standard Time (CST)
Major Cities: Guatemala City, Mixco, Villa Nueva, Quetzaltenango, San Miguel Petapa

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Trade Overview:

Guatemala has the largest economy in Central America. Its economy is highly dependent on agriculture, accounting for more than one-third of the GDP; the main products include coffee, bananas, sugar, and vegetables.

Major Imports: Refined petroleum, cars, packaged medicaments, broadcasting equipment, computers

Major Exports: Bananas, coffee, sugar, vegetables, apparel


Import/Export Regulations:

Guatemala has liberal trade policies, but import/export regulations can be complex. Some goods require specific permits or licenses. It’s advisable to check with Guatemalan customs authorities or seek professional legal advice.


Trade Agreements:

Guatemala is part of the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) with the United States. The country also has several other regional trade agreements, including with the European Union.


Business Culture:

In Guatemala, business tends to be conducted formally, with an emphasis on respect and politeness. Building personal relationships is important, and punctuality is highly valued.


Links to Listings:

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Resources:

Note: Always ensure to update the trade information with the latest available data and cross-verify from the official resources.