Processed foods, fuels, pharmaceuticals and chemicals are some of the nontraditional exports which grew by 7% in the first nine months of the year compared with the same period in 2013.
From a statement issued by the Guatemalan Exporters Association (Agexport):
In September 2014, Guatemala's total exports reported an increase of 7% compared to the same date in 2013. Data from the Bank of Guatemala indicate that this increase in foreign sales has occurred in non-traditional products, such as electricity, processed foods, pharmaceuticals, chemicals, rubber and many more.
Companies participating in the SIAL show in Paris made purchase offer deals worth more than $1 million and generated new markets in Europe and South America for products such as chia, crackers and organic cocoa.
The event was attended by a delegation of 12 member from companies in the Association of Producers and Exporters of Nicaragua (APEN), and succeeded in opening new markets for non-traditional products and increase their knowledge of the European market for future business deals.
The United States is the main market due to its proximity, but with new technologies for food preservation, lengthening their lifespans by up to four weeks, it is expected that more distant markets will be reached.
An increase of 24 cents per box for freight expenses has sent costs for shrimp producers in Honduras soaring.
An increase of 24 cents per kilometer for each box transported, approved by a legislative decree recently, will seriously impact the competitiveness of Honduran shrimp producers with respect to other regional countries, signaled
The Guatemalan Exporters Association is a private non-profit entity, established in 1982; that represents, promotes and develops non traditional exports of Guatemalan companies.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Guatemala
Phone: (502) 2422-3400
Key representative/s from the Guatemalan Exporters’ Association last 13-15 October attended the 8th TPO Network World Conference to exchange ideas and best practice around stimulating export-led economic growth and meeting the urgent challenges in the sector.