Foreign exchange revenue from exports grow 17.2% at the of July in Guatemala
Foreign exchange earnings from exports recorded for January to July 2008 were at $3.55 billion in comparison to the $2.57 billion reported for the same period in 2007.
Wednesday, August 13, 2008
According to information from the Bank of Guatemala, there was a 3% growth overall for traditional products. Coffee earned $521.4 million or 19.1% growth compared to the same period in 2007; banana earned $207.6 million, 13.5% more than the previous year; and cardamom reported a 27.5% growth or $102.6 million.
Guatemala received $10.46 billion in foreign exchange through exports in 2011, 23.6% more than last year.
Up to July, $6.6 billion worth of private capital entered the country, 21.8% less than the same period of 2008.
In February, earnings from tourism fell by 3.2% when compared to the same period in 2007.
Tourism earned Guatemala US$417.7 million in the first four months of this year, an 11 percent increase on the same period of 2007, the Tourism Institute (Inguat) reported.
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