How much rubber does Guatemala import?

Imports In 2022, Guatemala imported $3.69M in Rubber, becoming the 73rd largest importer of Rubber in the world. At the same year, Rubber was the 565th most imported product in Guatemala. Guatemala imports Rubber primarily from: Cote d'Ivoire ($1.65M), Mexico ($873k), Indonesia ($364k), China ($251k), and Vietnam ($182k).

How big is Guatemala's rubber industry?

We want to go far so the Guatemalan exports of processed rubber and manufactures derived from the same product can reach a total of US$1.92 billion. Guatemala has great potential, ever since 1995 that it started with 25 thousand tons and in 2021 it reported 116 thousand tons.

How will Guatemala's strategic plan impact the rubber industry?

“We believe that with this strategic plan we will be able to expand markets. We want to go far so the Guatemalan exports of processed rubber and manufactures derived from the same product can reach a total of US$1.92 billion.

What is natural rubber used for?

Natural rubber is a strategic industrial raw material in the world; its production is solid (85%) and centrifuged latex or liquid rubber (15%) and at least 75% is for consumption by the automotive and tire industries, as well as balloons, gloves, condoms and elastic threads.

What are the strategic objectives of rubber processing?

Among the strategic objectives of rubber processing are: • Position Guatemala as the origin of the best quality rubber and latex in the world and as the origin focused on comprehensive sustainability. • Internationally certify the Guatemalan rubber standard.

Which state has 40% of the National area of rubber?

Suchitepéquez is the department that has 40% of the national area of rubber, followed by the south coast, Pacific, Escuintla, Suchitepéquez, Retalhuleu, Quetzaltenango, San Marcos and Chimaltenango; and the North Zone and Atlantic Ocean Coast, Izabal, Alta Verapaz and Baja Verapaz.