Red Figures in Guatemalan Trade

In the first half of the year, exports were down 6.9% and imports dropped 28% when compared to the same period of 2008.

Tuesday, August 11, 2009

According to data by the Central Bank of Guatemala (Banguat), exports totaled $3.714 million while imports summed $5.386 million.

From website Prensalibre.com: "Rubén Morales, Economy Minister, said that, in the light of this situation, they will foster exports with more trade missions to countries where Guatemala has free trade agreements".



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Guatemala - Mexico Trade Diminishes

September 2009

By the end of July, imports had dropped 20.75%, and exports 36%.

Ignacio Elías, Mexican commerce adviser in Guatemala, stated that both businessmen and governments want to strengthen the trade relationship.

From Prensalibre.com: "A trade mission from Puebla, comprising 23 business, will visit the country in October. Officials from the Commercial Secretary of Puebla will also participate in the mission".

Guatemala: Imports and Exports Decrease

April 2009

Through February 2009, the amount of imports and exports was 25.7% and 1.5% lower than for the same period last year, respectively.

The data disclosed by the Bank of Guatemala in February 2009 indicated that there were $1.217 billion exported and $1.726 billion imported.

Central America Trades Less with the World

September 2009

For the first half of the year, regional exports dropped 13.5% while imports diminished 28.9%.

From January to June 2009, the region exported $1.54 billion, 13.5% less than the same period of 2008, and it imported $6.84 billion, 28.9% less than in 2008.

While trade between countries of the region didn't drop, it slowed down, going from growth rates of 25.2% to 16%.

Regional Trade Down 21%

July 2009

From January to May 2009, $1.736 were exported and imported within the region, down from the $2.196 million registered in the same period of 2009.

The global economic crisis was the main reason behind the fall in regional trade, as imports and exports to the rest of the world also decreased, with drops of 30% and 15% respectively.

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