Guatemala Expects Record Exports

In October, exports exceed $ 6.936 million, 15% higher than the $ 6.036 million of the same period in 2009.

Thursday, December 16, 2010

According to calculations by Banco de Guatemala (Banguat) the total amount of exports in 2009 closed at $ 7.2 billion. The recovery in trade will allow a growth of 11.4% at the end of 2010.

"The proceeds from the sale of traditional products (sugar, bananas, coffee, cardamom and oil) exceeded $ 1.900 million, an increase of 28% versus 2009. This improvement is driven by increased exports of sugar, which reported $ 602.5 million, coffee with $ 637.2 million and $ 209.2 million in petroleum,” reported Elperiodico.com.gt.



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El Salvador's Exports Increased by 9% in January

February 2012

Exports totalled $448.7 million in January 2012, a growth of 9.8% in value and 12.6% in volume compared to January 2011.

Included in the total exports are those of traditional products, whose sales grew at an annual rate of 39.1%, reported the Central Reserve Bank (BCR) of El Salvador.

Guatemalan Exports Increase by 25%

August 2011

In the first six months of the year, exports totaled $5,400 million.

The amounts sold abroad exceeded 25% of the $4,300 million from the same period in 2010, according to the Bank of Guatemala.

"Foreign exchange earnings from the sale of traditional products increased by 25.9 percent from $1.4 billion in the first half of 2010 to $1.7 billion during the same period this year.

Guatemalan Exports Grow by 22%

July 2011

The exporters' association estimates that this year foreign sales will exceed $10 billion.

The rise in international demand and improved prices has led the Guatemalan association of exporters (Agexport) to revise upward its forecast for exports this year.

In early 2011, industry representatives predicted an increase of just 8%, well below the current estimated range of 18% to 22%.

Guatemala Exported $ 8,466 Million in 2010

February 2011

2010 closed with record exports, an increase of 17.4% compared to 2009.

Revenues from traditional exports (sugar, coffee, bananas, oil and cardamom) were $ 2,316 million, according to the Bank of Guatemala.

"Sugar sales generated revenues of $ 725.9 million, up 43 percent versus $ 507.7 million in 2009, coffee exports totaled $ 705.5 million, an increase of 21.8 percent, and oil rose 19 percent to $ 227.7 million" , reports Elperiodico.com.gt.

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