Guatemalan exports change destination

The market with the the biggest growth is Central America, according to the lastest report presented by the Bank of Guatemala.

Monday, September 15, 2008

In 2000 the main market was the United States, at 53.3%, while in 2008 it fell to 41.2%. Sales in Central American countries went from 20.4% of the total to 29%, according to the report.
At the end of June 2008, the total Guatemalan exports were at US$4 billion, while total imports rose to US$7.5 billion.



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Guatemala Resumes Flower Exports to U.S.

September 2009

Exports of roses were suspended in 2008, and were resumed a week ago, initially to Miami and Orlando.

Francisco Jolop Yoc, vice president of Asoflorsa, the Association of Flower Growers from San Juan, remarked that they had to import 8 new rose varieties from Ecuador to satisfy the requirements of the U.S. market.

Guatemalan Exports Fall 4.6%

June 2009

In the first four months of the year, export sales totaled $119 million, 4.6% less than the same period of the previous year.

According to data from the Bank of Guatemala, traditional exports (sugar, banana, coffee and cardamom) registered an increase of 20% but this was counteracted by a drop of 10.7% in the exports to Central America and a decline of 14% in exports to the remainder of the world.

Guatemalan Foreign Trade Falls in March

May 2009

According to data from Banguat, exports fell by 1.2% and imports by 24.7% when compared to same period in 2008.

In March 2009, total exports were $1.855 billion, and the total amount was $ 2.63 billion.

Leonel Díaz wrote in Prensalibre.com: "According to Banguat, the main export products (bananas, coffee, sugar and cardamom) increased by 28.2%, but they were outweighed by a decline of US $36.9 million (-6.8%) in exports to Central America and the rest of the world."

Lower growth in exports in Guatemala

August 2008

Exports were at $3.97 billion on June 30, an increase of 12.9% compared to the first semester of 2007.

According to figures from the Bank of Guatemala (Banquat), the country has managed to diversify its markets at the international level: exports to the EU represent only 41.2% of foreign sales to date, or $1.65 billion during the first semester of this year, an increase of only 7.5% compared to the same period in 2006.

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