Consulate Information
Mynor Joel Aguirre Medina
Consul General of Guatemala in Vancouver
1188 W. Georgia Street, Suite 1270
Vancouver – BC – V6E 4A2 – Canada
Telephone: 604-412-2401
consvancouver@minex.gob.gt
Commercial Counsellor at the Embassy of Guatemala in Canada
Diego Meneses Zamora
130 Albert Street, Suite 1010
Ottawa (Ontario) K1P 5G4
Telephone: (613) 233-7188
dmeneses@minex.gob.gt
Guatemala is located in the centre of the Americas, bordering Mexico, Honduras, and El Salvador, with access to both the Pacific Ocean and the Caribbean Sea. Its strategic geographic position and port infrastructure make it an important logistics hub for North and Central America.
The economy is characterized by low inflation, stable growth, and a resilient currency (the Quetzal). With a young and abundant workforce, Guatemala presents an attractive base for labour-intensive industries as well as higher-value manufacturing. Its rich biodiversity, with more than 360 microclimates, has also made it one of the most important agrifood producers in the region.
Guatemala’s economy is diverse, with major contributions from agriculture (coffee, bananas, sugar, cardamom), textiles and apparel, petroleum, pharmaceuticals, rubber, and paper products. The service sector accounts for over 60% of GDPand employs more than half of the population, with strengths in tourism, financial services, customer support, healthcare, and communications. The banking sector is the second-largest in Central America, providing important financial infrastructure for investment.
Economic growth is projected to remain steady at around 3.5% in 2025–26, driven by stable macroeconomic policies, infrastructure development, and a gradually improving business climate.
Key Sectors
- Agriculture & Agrifood: Coffee, sugar, bananas, and niche exports supported by a denomination of origin system.
- Textiles & Apparel: A leading exporter to North America with competitive labour costs.
- Tourism & Hospitality: Rich biodiversity, cultural heritage, and eco-tourism potential.
- Infrastructure: Investments in transport, ports, and energy create opportunities for international partnerships.
- Services: Customer service, financial services, and healthcare are growing rapidly.
Strengths
- Strategic logistics location linking North and South America.
- A stable macroeconomic framework and a resilient national currency.
- Abundant, multilingual workforce (Spanish official language; English used in business).
- Reforms to expedite export and import procedures for investors.
Canadian businesses can explore opportunities:
- Agrifood value chains (coffee, sugar, bananas, specialty crops).
- Apparel sourcing and manufacturing partnerships.
- Infrastructure development (roads, ports, renewable energy).
- Customer service, ICT, and financial services outsourcing.
- Tourism projects and eco-friendly hospitality.
