4,800 hectares of banana destroyed in Panama

Bad weather has hit the banana region of the Bocas del Toro province causing losses in the millions.

Thursday, November 27, 2008

This situation offers a dark future for banana exports to countries such as Germany, Holland, Switzerland and Belgium.

The Bocas Fruit Company, the Bocas del Toro Banana Cooperative (COOBANA) and independent banana farmers have suffered million dollar losses, which will be in addition to the negative influence that this disaster will have on the region's economy.



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Fall in Exports in Five Sectors in Costa Rica  

March 2013

Medicines, textiles, melons, palm, foliage and leaves, have experienced significant declines in the value of exports in recent years. 

Nacion.com reports that "when comparing income in 2009 (when the global crisis hit and sales were strongly affected) with last year, for foliage, leaves and other goods the fall is 29.7% ".

Central American Foreign Trade January-March 2013

July 2013

Exports totaled $7.676 billion in the first quarter of 2013, a decrease of 3.3% compared to exports in the same period last year.

From the executive summary of the report entitled "Central American Foreign Trade Bulletin January-March 2013" by SIECA:

Exports from the region reached an FOB value of U.S.

Honduran Exports Down 13%

August 2013

During the first six months of 2013 the country sold $2.15 billion abroad, $325.7 million less than in the same period of 2012.

An article Laprensa.hn reports that "the value of coffee exports fell from $1.03 billion to $630.4 million, or $395.8 million less, which is explained by the fall in international which prices went from $206.79 to $140.08 per quintal."

Trade between Guatemala and China is reduced

October 2008

Guatemalan purchases in China fell -24.9%, meanwhile sales decreased -54.9%, when comparing August 2007 to that of 2008.

The international financial crisis has already begun to affect the country's economy. Data from the Bank of Guatemala (Banguat) show that imports as well as exports have fallen in the first 8 months of this year.

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