According to the Guatemalan Exporters Association (Agexport), Guatemala's exports are expected to rise by 12.6% by the end of 2010. Non-traditional products will play a major role in this growth, reaching $5.895 billion—an increase of 12.9% compared to 2009. Agricultural exports are projected to reach $9.17 billion, up 4.2% from the previous year. Industrial products also showed strong performance, increasing by $2.2 billion, or 12.3%, compared to 2009.
The textile and garment sector saw an increase of $1.3 billion, representing a 10% growth, while other product categories contributed $1.2 billion, reflecting a 12% rise in exports. However, not all sectors experienced positive growth. Furniture and aquatic product exports were negatively impacted by natural disasters, including Typhoon Ãgatha and the eruption of the Pacaya volcano. These events led to a decline in exports ranging between 11.6% and 25.6%.
Hugo Mául, head of the National Economic Research Center in Guatemala, predicted that exports would continue to grow, reaching $9.2 billion in 2012—up from $8.1 billion in 2010—a 13.7% increase. This forecast highlights the country’s ongoing efforts to diversify its export base and recover from recent challenges. The data underscores both the resilience of Guatemala’s economy and the need for continued investment in key sectors to sustain long-term growth.
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