Exports & imports exports increase in exports exports increase Center for Exports Bank of Guatemala Guillermo Matamoros Auto Industry Central Bank of Honduras Central Bank of Nicaragua Central Reserve Bank of El Salvador Honduras maquila association Industry Textile Industry garment-production

Projected Increase in Export of Car Wiring Systems

As of July 2012, Honduras received $223 million in foreign exchange from exports of vehicle wiring systems, and expects to close the year at $450 million.

Friday, August 17, 2012

The director of the Honduran Maquila Association, Guillermo Matamoros, said the industry is stronger, both in terms of currency generated and in the number of jobs created, now in excess of 12,000.

"Due to the economic crisis of 2009 vehicle sales in the U.S. had fallen and therefore the companies that contracted car wiring systems also stopped importing from countries, and Honduras suffered the consequences, but now the situation has changed."

"... its certain that we will reach $450 million in revenue in the current year ... Compared with 2011 this is growth of $50 million because last year the amount was $400 million."

Source: laprensa.hn

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Nicaragua: Exports Grew by 9% in 2012

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During 2012, free zone exports stood at $1.9038 billion, equivalent to a growth rate of 8.6%.

Information published by the Central Bank of Nicaragua (BCN):

In 2012, free zone exports stood at $1.9038 billion, equivalent to a growth rate of 8.6%.The sectors which participated the most in the absolute growth of exports from the free zone in relation to 2011 were chasis, which contributed $65 million (42.9% of total), fishing, $37.6 million (24.8%), textiles, $32.2 million (21.3%) and tobacco $23.1 million (15.3%), among others.

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From a press release from the Ministry of Foreign Trade in Costa Rica (Comex):

The Foreign Trade Corporation (PROCOMER) has released the latest export data, which shows an increase in the export of goods from free trade zones (18%) and definitive system (18.6%).

Honduras: Export of Auto Parts Increases by 28%

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In the first half of the year companies operating in free zones exported 28% more vehicle parts.

Sales of electrical parts and transport equipment increased by $44.1 million, going from $157.6 million to $201.8 million in the period analyzed. This was revealed by a report by the Central Bank of Honduras (BCH).

Exports from Guatemala to Cuba Increase 68%

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According to data from the Economy Department, in 2008 the total amount was $26 million compared to $15.5 million in 2007.

Lorena Álvarez writes in Elperiodico.com gt: "Industrial products such as insecticides, disinfectants, soaps and detergents, waxes, wires, chemicals as well as milk and sauces prepared for cereals and food for animals swell the list of the articles with greatest demand on the island.