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.
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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