MANUFACTURING

The Manufacturing sector brings together 158 manufacturing and exporting enterprises to provide services that help them strengthen their competitiveness and develop export business.

RubberFurnitureLatexFootwearElectronics

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FDI flow in the sector

Average growth over the last 4 years

Manufacturing is projected to grow by 2.4% in 2024, continuing a steady upward trend observed over the past decade — with the exception of 2020, when the sector registered a 0.6% contraction, according to data from Banguat. This projection includes all manufacturing industries.

+US$

Exports in 2024

Exports have shown stable performance over time, consistently surpassing USD 6 billion annually, and there is considerable room for future growth. Source BANGUAT, with leaks from SAC items.

Markets in 2024

Over 109 international markets are served anually.

% industry share of GDP

Manufacturing is the second most important sector in terms of its contribution to Guatemala's GDP.

WHY INVEST IN

Manufactures

The sector accounts for 24% of the country's exports, there is plenty of space for growth, and these are industries that help the country generate a lot of jobs and industrialization. Furthermore, the country has a strategic location that gives logistical advantages as well as economic links with other nations in the region and on the continent.
Guatemala has an innovative business network, with production that meets global quality standards, and that provide a wide range of items for various market groups, as well as private label.
The industry aspires to enhance its areas of activity such as business growth, innovation, market access facilitation, business and subsector development, and lobbying on exporter-related problems in order to create an adequate export platform.

Investment opportunities

Rubber and its manufacturers

Its manufacturers are among the primary industries that may address investment successfully, because we have a local production with high quality requirements, so corporations who invest in Guatemala will have local raw materials and a cluster of suppliers in the rubber industry.

Products

Agrochemicals, food and beverages, footwear, rubber and rubber products, construction, decoration, assemblies, packaging, containers, displays, household, furniture industry supplies, office and school supplies, printed materials, raw materials, medicines, veterinary medicines, furniture and equipment, hygiene and home care products, latex products, recyclers, among others.

Success Stories

FRESENIUS MEDICAL CARE

BAYER

EQUIMED

Consultant specializing in the management, planning, administration and control of civil engineering and architecture projects, computer solutions for the generation and processing of information, quality assurance, cost management and project management approach to clients. Main products: project management, systems development, drones, 360° and timelapse.