Guatemala is a key player in the Central American region as the largest economy and the bridge to the United States. Since 2013, foreign investment in Guatemala has grown by 376%, a clear sign that despite a checkered past, the global economy believes in Guatemala’s future. Companies that build in Guatemala have access to a strong, privatized telecommunications network, and a young, educated workforce. The major sectors of the Guatemalan economy are the manufacturing, retail, and service industry, with tourism bringing the most into the economy every year. Traditional agriculture crops, such as bananas and coffee, are still major exports, but in recent years the demand for biofuel crops like sugarcane and palm oil has grown.
Guatemala is an open market free economy and has many free trade agreements with countries around the world. It is particularly friendly to American business, with more than 90% of American imports entering tax-free.
Despite its relative ease for foreigners, having a team on the ground that is familiar with Guatemala shipping procedures and local regulations is key. Cargomax International guarantees negotiated rates to most Guatemala ports and airports from the following list of countries: United States, Canada, China, Korea, Vietnam, Indonesia, Malaysia, Singapore, Mexico, Costa Rica, Salvador, Honduras, Nicaragua, Panama, Colombia, Venezuela, Peru, Chile, Ecuador, Bolivia, Argentina, and Brazil.

When you partner with Cargomax International Inc., you can rest easy knowing your business is represented with professionalism and expertise.