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U.S. agricultural exporters of consumer-oriented products are well-positioned to increase sales to Guatemala. In 2023, U.S. consumer-oriented export values reached a third-consecutive record on 15 percent growth from the previous year (Figure 3).
The Ministry of Agriculture Livestock and Food (MAGA) regulates Guatemala's genetically engineered (GE) plants and animals.
U.S. exports of agricultural products to Guatemala in 2022 increased 11.2 percent from 2021, reaching $1.8 billion. The Guatemalan economy relies on foreign exchange generated by international trade, remittances, and the tourism sector.