The Republic of Guatemala is a Central American country covering 108,890 sq.kms, bordered by Mexico to the north and west, the Pacific Ocean to the southwest, Belize to the northeast, the Caribbean to the west, Honduras to the east and El Salvador to the southeast. It has around 17.2 million inhabitants, for a GDP amounting to almost US$78.5 billion (source: World Bank, 2018).
Guatemala possesses a wealth of agricultural resources that it cultivates and exports (coffee, bananas, cardamom, sugar). Textiles also count among the products exported by Guatemala in large quantities. The United States, El Salvador, Honduras, Mexico, Nicaragua and Panama are its key trading partners.
France also plays an important role in Guatemala’s economy. In fact, the country is France’s 3rd largest trading partner in Central America, after Panama and Costa Rica. Nearly 20 French companies are based in Guatemala, operating mainly in the consumer goods, telecommunications, electrical equipment, pharmaceuticals and services sectors. Nearly 20 French companies are based in Guatemala, primarily active in the consumer goods, telecommunications, electrical equipment, pharmaceuticals and services sectors.
In order to meet the needs of its customers on the Guatemalan market, Simon Associés has developed privileged relations with economic and legal partners locally.