India Expects Exports from Central AmericaWednesday, July 28, 2010 India could become a major growth market for raw materials from Latin America and the Caribbean. This region's governments should promote closer ties with the South Asian giant and reduce the trade costs in order to make the most of this opportunity, according to a study carried out by the Inter-American Development Bank (IDB). Trade and Integration in Latin America and the CaribbeanFriday, November 2, 2012 A new annual publication from the Inter-American Development Bank analyzes business trends in Latin America and the Caribbean. A statement from the Inter-American Development Bank (IDB) reads: Latin American Congress on Free ZonesThursday, March 31, 2016 From September 27 to 29 Costa Rica will be hosting an event which brings together representatives from companies and free zones in Latin America and other continents. The Association of Free Zones of the Americas will be holding the XX Conference on Free Zones of the Americas, a space which will bring together representatives from the most important countries and free zones in Latin America, to discuss and exchange experiences and knowledge. Benefits of IntegrationFriday, April 19, 2013 In the past 20 years intraregional trade grew at a rate of 12% per year, indicating an opportunity to deepen integration by finally fully adopting the customs union. However, experts believe that Central America still faces challenges, specifically in customs matters. Coffee Exports Down by 7.93%Thursday, May 28, 2009 During the first seven months of the coffee year, nine Latin American coffee producers have exported a total of 15.5 million 60-kilogram bags. For the same period last year, exports were 16.8 million 60-kilogram bags. $300 million to Fund Spanish Companies in Latin AmericaThursday, April 11, 2013 The Development Bank of Latin America has provided a loan of $300 million to the Spanish Official Credit Institute for promoting business development between Spain and Latin America. From a press release issued by the Development Bank of Latin America (CAF): Bureaucracy and its Impact on Foreign TradeMonday, April 22, 2019 The costs incurred by businessmen in Nicaragua, because of excessive procedures and low efficiency of foreign trade systems is 25% additional to the value of the goods, while in El Salvador and Costa Rica, amounts to 18% and 16%, respectively. A study by the Economic Commission for Latin America and the Caribbean (ECLAC) specifies that the costs paid by businessmen in Nicaragua, because of excessive procedures and low efficiency of foreign trade systems is 25.3% additional to the value of the goods, followed by El Salvador with 18.3%, Costa Rica with 16.3%, Honduras with 15.8%, Guatemala with 14% and Panama with 9%. Central America: Exports Increase, Income Goes DownMonday, November 5, 2018 The region is expected to conclude 2018 with a rise of just over 4% in the volume exported and just 3.6% in value, due to the fall in international prices of several agricultural products. According to the International Trade Outlook for Latin America and the Caribbean 2018, published by the Economic Commission for Latin America and the Caribbean (ECLAC), it is expected that this year Central America will export larger volumes at lower prices. African Palm in HondurasMonday, January 23, 2012 The sector’s plans to expand the amount of cultivated area in the country, which could make Honduras the largest producer of palm oil in Latin America. Hector Casto, president of palm manufacturers, said that they have the ability to increase production by half a million hectares which would locate Honduras in the first place of all the Latin America producers. Latin American Coffee Exports GrowThursday, May 26, 2011 Guatemala and Mexico are the only countries in the region to have reduced their foreign sales in the current coffee year. El Salvador, Honduras, Nicaragua, Costa Rica, Mexico, The Dominican Republic, Colombia and Peru together increased by 17.7% sales in exported coffee beans in the current coffee year, which began in October 2010. EU Congress Lowers Banana TariffsThursday, February 3, 2011 The European Parliament voted to lower tariffs on Latin American bananas by 35% for the next six years. Under the agreement, the tariffs on banana imports from Latin America will decrease from the current 176 Euros to 114 Euros per ton in 2017. Nicaragua: Aquaculture and Fisheries Sector GrowsWednesday, April 15, 2015 Powered by shrimp farming, the gross value of fisheries and aquaculture production reached $129 million in 2014, 16.3% more than in 2013, when it totaled $113 million. This growth is mainly due to increased shrimp production, which recorded sales of $74.7 million, of which $66.2 million came from shrimp farming and the rest from shrimp caught in the open sea. Nicaraguan Exports Grow 46%Wednesday, April 13, 2011 The country's principal markets are South Korea, Japan, the Republic of China Taiwan with which it has had free trade agreement (FTA) since 2008 In the first three months of 2011 exports totaled $46.7 million, 46% more than in the same period of 2010. Nicaragua: Footwear Exports Up 26%Wednesday, November 19, 2014 In the first nine months of the year $15.9 million worth of footwear was exported, which is 26% more than in 2013. The sector's competitiveness in terms of labor costs, incentives to industry, preferential access to key markets and strategic location of the country, are the main factors attributed to the growth in exports of Nicaraguan footwear. Global Demand for Cocoa BeansWednesday, May 28, 2014 It is estimated that in Asia alone demand for the grain will increase between 5% and 9% in the next four to five years, opening up opportunities for high quality cocoa for america producers. Encouraged by the deficit of about 175,000 tonnes in the last world harvest, the return of traditional consumers in Europe and the United States and increasing consumption in emerging countries, cocoa prices rose by 25% in 2013 and continued to rise in early 2014, reaching a cost per ton of £1,900 ($3.200 U.S. dollars) in London and more than $3,000 in New York. |
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