Guatemala: Sales on the Isthmus grow by 24.9%

During the first 10 months of 2008, Guatemalan traders increased sales to countries to countries in the region.

Thursday, December 18, 2008

Despite the problems created by the global economic crisis, Guatemalan businessmen have not let business opportunities go by.

Exports to other countries in Central America grew by 24.9% during the first 10 months of the year, compared to the same period in 2007, when they reached only 19.3%. In other words, it went from $1.6 billion to $2 billion.



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More on this topic

Salvadoran Exports Up 5.6%

August 2013

During the first six months of 2013 foreign sales totaled $2.822 billion, $151 million more than in the same period in 2012.

From a press release issued by the Central Reserve Bank of El Salvador:

Total exports to June of this year amounted to $2822.2 million, up $150.6 million compared to the same period in 2012, the growth rate was 5.6% per year, with a gradual recovering its dynamism, informed the Office of Economic Studies and Statistics of the Central Reserve Bank 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%.

Guatemalan exports to Central American region doubles

January 2009

Exports to the other Central American countries went from $642.4 million to $1.01 billion, an increase of 57.7%.

According to elperiodico.com.gt, "The increase in sales is due to greater demand as a result of CAFTA-DR.

All together, exports have provided $4.84 billion in earnings for the country, some $808.3 million more than the previous year, according to a December 11 report from the Bank of Guatemala (Banguat)."

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