Slight Recovery in Intraregional Trade
Exports totaled $ 5.764 million in 2010, a 9% increase compared to 2009.
Monday, February 7, 2011
According to the Central American Economic Integration Department (SIEC), the growth in exports between the Common Market Countries (CACM), consisting of Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica is not sufficient to recover from the 18.6% fall suffered in 2009.
After a 18.4% fall in 2009, 2010 closed with an 8.6% increase.
Trade between Central American countries decreased 17% in the first third of 2009, when compared to the same period of 2008.
Regional trade grew 6% in the first 6 months of the year compared to the same period of 2009.
$900 million have been traded within Central America in the first half of this year, $261 million less than the same period of 2008.
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