Trade Balance in Guatemala

Guatemala Trade Balance | Economic News & Forecasts

Guatemala - Trade Balance

Weaker growth dynamics appear to have carried over into the first quarter of the year, on the heels of the slight slowdown in the final quarter of last year. Although the monthly economic activity indicator picked up in March thanks to solid activity in key sectors, March’s result capped much weaker growth in Q1 than seen in the previous quarter. Moreover, although merchandise exports in March declined at a much softer pace than in February, the external sector is still likely to have detracted from growth in Q1. Turning to Q2, remittance inflows gained traction in April but the expansion remained well below the stellar growth reported throughout the second half of 2018. This suggests household spending will likely soften going forward.

Guatemala - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-6.2  -6.1  -5.6  -5.2  -6.0  

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Guatemala Trade Balance Chart

Guatemala Trade
Note: Trade balance in (USD bn).
Source: Guatemala Central Bank and Met the why particular calculations.

Guatemala Facts

Exchange Rate7.660.22 %May 13

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