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Guatemala

US Revised Tariffs (%)

10

Ease of doing business

theboardiQ Tariffs Dashboard:

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Understand the complexities of international tariffs and ease of doing business across nations to cultivate balanced trade relationships, streamline operations, and deliver cost savings to end consumers.

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Share of US Imports % (1 implies <1%)
US Tariff %
Revised Tariff %
Country Tariff Rate %
1
10
10
2.4
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
9.71
5.02
4.69

US Revised Tariffs

Country Tariffs

Balance of Trade

Commercial Guide

Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals

Tariff Rate for US

World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.

US Imports Guide 

United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.

Implications

As of Sunday, April 20, 2025, the tariff situation for goods imported from Guatemala to the United States is as follows: General Baseline Tariff: A 10% baseline tariff is currently in effect for goods imported from most countries, including Guatemala. This tariff was implemented by the United States on April 5, 2025. Central America-Dominican Republic Free Trade Agreement (CAFTA-DR): The United States and Guatemala are both signatories of the CAFTA-DR, which aims to eliminate trade barriers and promote trade and investment between the countries.   Under CAFTA-DR, most U.S. consumer and industrial goods enter Guatemala duty-free if they meet the agreement's rules of origin. The remaining tariffs were scheduled to be phased out by 2026.   Nearly all textile and apparel goods that meet the rules of origin are also traded duty-free and quota-free. Over 95% of U.S. agricultural exports enter Guatemala duty-free. The remaining tariffs on most agricultural products were to be eliminated by 2020, with a few exceptions like rice and dairy products having later phase-out dates (e.g., powdered milk TRQ phasing out in 2025).   Recent "Reciprocal Tariffs" and Guatemala: On April 2, 2025, the U.S. announced "reciprocal tariffs" that could have imposed higher rates on countries that charge higher tariffs on U.S. goods.   However, on April 9, 2025, a 90-day pause was announced for most countries, reverting their tariff rates to the baseline 10%. Guatemala was listed as one of the countries that would only face the baseline 10% tariff, as the calculated reciprocal tariff rate for Guatemala was also 10%. Therefore, the current tariff rate for most goods imported from Guatemala to the United States is 10%. However, it's crucial to remember the following: Goods qualifying under CAFTA-DR's rules of origin likely continue to enter the U.S. duty-free. The 10% baseline tariff might not apply to these goods. Specific products might have different tariff rates or be subject to tariff-rate quotas (TRQs) as outlined in the CAFTA-DR agreement. To determine the exact tariff rate for a specific product, it is recommended to: Consult the Harmonized Tariff Schedule of the United States (HTS US). Check the specific rules of origin and tariff phase-out schedules under the CAFTA-DR agreement. Utilize the Customs Info Database available on trade.gov (registration might be required). Seek guidance from a customs broker or trade professional. The CAFTA-DR agreement has significantly liberalized trade between the U.S. and Guatemala, and most goods traded under this agreement benefit from duty-free entry. The recently imposed baseline tariff adds a layer of complexity, but its impact on Guatemalan goods might be limited due to the existing free trade agreement

US Negotiation Strategy

Based on 2024 data, the top imports to the US from Guatemala by value are: Edible fruits, nuts, peel of citrus fruit, melons ($1.75 Billion) US States with potential manufacturing/production: California, Florida, Texas, Georgia, Washington, Oregon. US Companies/Examples: Chiquita Brands International (although headquartered in Switzerland and Florida, it has operations in the US), Dole Food Company (California and other locations), various regional fruit and nut growers and cooperatives. Articles of apparel, knit or crocheted ($1.48 Billion) US States with potential manufacturing: California (Los Angeles garment district), New York (New York City garment district), North Carolina, South Carolina. However, the US apparel industry has significantly shifted towards design, marketing, and distribution, with much of the actual manufacturing occurring overseas due to labor costs. US Companies/Examples: While large-scale knit apparel manufacturing has decreased in the US, some companies focus on specialized knitwear or "Made in USA" initiatives. Examples include American Giant (North Carolina), and smaller textile mills and apparel producers. Coffee, tea, mate and spices ($462.26 Million) US States with potential processing/packaging: California, Washington, Oregon, various port states with import/export activities. Coffee roasting and tea blending are common in many states. Spice processing and packaging also occur across the US. US Companies/Examples: Starbucks (Washington), Peet's Coffee (California), various smaller coffee roasters and tea companies nationwide, McCormick & Company (Maryland).   Edible vegetables and certain roots and tubers ($355.72 Million) US States with potential production: California, Florida, Arizona, Texas, Georgia, North Carolina, Michigan, Washington, Oregon, Idaho (potatoes). US Companies/Examples: Large agricultural companies like Taylor Farms (California), Fresh Express (California), and numerous regional vegetable growers and cooperatives.   Sugars and sugar confectionery ($239.55 Million) US States with potential production/processing: Louisiana, Florida, Texas, Hawaii (sugarcane), Minnesota, North Dakota (sugar beets), various states with confectionery manufacturers (e.g., Illinois, Pennsylvania). US Companies/Examples: Domino Sugar (various locations), American Crystal Sugar Company (Minnesota, North Dakota), Hershey Company (Pennsylvania), Mars, Incorporated (various locations). It's important to note that while the US can manufacture or produce similar goods, the scale and cost-competitiveness can differ significantly from imports. For example, while some apparel is still made in the US, the vast majority is imported due to labor costs. Similarly, while the US grows a variety of fruits and vegetables, specific tropical varieties or those available year-round may be more economically sourced from countries like Guatemala.

Investing in USA

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters

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Sources : Forbes | USDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia | International Trade Administration

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theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.

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