Guatemalan Exports Rising

Foreign sales grew by 28% in the first quarter compared to the same period of 2010.

Tuesday, May 10, 2011

The high prices of commodities in international markets is one reason behind the increase in exports in Guatemala.

In total, the country exported more than $2700 million in the first three months of the year. In the case of traditional products such as sugar, bananas, coffee and cardamom, the increase was 33%, making total sales more than $954.9 million.

A the report in El Periódico notes: "The non traditional products totalled $1.168 million, a growth of 29.9%, particularly noteworthy exports were rubber at $86.6 million, an increase of 68.5%, fruit and prepared products at $155.2 million an increase of 42.8%, minerals at $177.2 million an increase of 75.8%, food products with $86.4 million, an increase of 50.1% and vegetables with $64.8 million, an increase of 58.4%. "

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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 Up 27%

July 2011

The country sold $4,578 million worth of goods abroad in the first 5 months of the year, 26.8% more than in the same period in 2010.

According to officials from the Bank of Guatemala, the increase is mainly explained by the increase in the price of commodities, especially sugar, bananas, coffee and cardamom oil.

Guatemala: 46% Increase in Cardamom Exports

May 2011

In the first three months of 2011 foreign sales reached 8.1 million kg, 46% more than in the same period in 2010.

For the same period, according to the Banco de Guatemala, foreign exchange earnings from exports reported an increase of 85.8% compared to 2010.

An article in Siglo21.com.gt reports, "The exporters said that the rise is due to the situation in the Middle East, where despite problems, there will be greater demand in the short term due to increased consumption of this product.

Non-traditional Products Account for 45% of Exports

August 2010

In the first five months of the year, Honduran exports of non-traditional products totaled $575 million.

According to the Honduran Central Bank's Foreign Trade Report, sales of non-traditional products totaled $1.27 billion in the period.

The general manager of the country's Federation of Agricultural Exporters (FPX) told Laprensa.hn that, "it's good news because it's important for Honduras to export more non-traditional products than coffee and bananas since prices of these fluctuate and non-traditional industries have historically had a buffering effect. However it is hoped that these products can increasingly take a more central role".

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