Trade Promotion: Guatemala

Department for International Trade written question – answered on 23rd March 2017.

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Photo of Andrew Rosindell Andrew Rosindell Conservative, Romford

To ask the Secretary of State for International Trade, what steps his Department has taken to promote trade between the UK and Guatemala.

Photo of Mark Garnier Mark Garnier Parliamentary Under-Secretary (Department for International Trade)

The Department for International Trade (DIT) supports UK exports to, and attracts foreign direct investment from, Guatemala. Guatemala is part of DIT’s developing regional approach to Latin America, where we have an established presence in 12 markets.

In 2015, UK exports to Guatemala were £41 million (services exports were £7 million and goods exports were £34 million). In the same year, UK imports from Guatamala were £117 million (services imports were £33 million and goods imports were £84 million).

[Source: ONS Pink Book]

UK Export Finance has considerable appetite to support exports to Guatemala and welcomes new applications for support.

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