Guatemala: Energy Exports Recover

In 2017, electric energy exports totaled $103 million, 104% more than was sold in 2017, reversing the falls registered in the two previous years.

Thursday, February 22, 2018

According to figures from the Banco de Guatemala, over the past year the country sold abroad a monthly average $8.5 million worth of electricity, with the Central American region being the main destination market.

Between 2010 and 2017, the behavior of annual sales of electricity has not revealed a clear trend, as between 2010 and 2011 there was a 148% growth, increasing from $6 million to $15 million. However, between 2011 and 2012 the value fell from $15 million to $12 million, which represents a decrease of 19%.

For the years 2013 and 2014, increases of 150% and 325% were registered, depending on their respective previous years.  This growth is in contrast to the 46% and 27% falls recorded in the values sold abroad during the years 2015 and 2016.  

The most recent data is that corresponding to the years 2016 and 2017, a period in which the export value doubled, growing from $50 million to $102 million. 

See historical figures and last year's data (in Spanish).

More on this topic

Guatemala is selling more energy to Mexico

October 2018

Guatemala exported $10 million worth of electricity to the neighboring country in the first seven months, significantly more than the one million dollars reported in 2017.

Sergio Recinos, Banco de Guatemala president, said to Dca.gob.gt that "... With regard to this activity, greater dynamism is expected in electricity generation associated with the expected increase in external demand from Mexico and the restructuring of the energy matrix'.”

Beef: Increasing Business with the US

September 2018

In the first quarter of the year, countries in the region reported $148 million in beef sales abroad, and sales to the United States increased by 25% compared to the same period in 2017.

Figures from the information system on the Fresh, Refrigerated and Frozen Bovine Meat Market in Central America, compiled by the  Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Electric Power: Growing Business in Guatemala

September 2018

Difficulties in a generating plant in Costa Rica and the growing regional energy demand are some of the reasons of the increase in electricity exports from Guatemala.

Statistics by Banco de Guatemala report that between January and July of this year sales abroad of electric power amounted to $81.7 million, an amount that exceeds by 36% the $60 million registered in the first seven months of 2017.

Costa Rica Buys More Electrical Transformers

March 2018

From January to September 2017, companies in Costa Rica bought $51 million worth of electrical transformers from abroad, 28% more than in the same period in 2016.

Figures from the information system "Market for Electric Transformers and Converters and Reactor Coils in Costa Rica" , compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

 close (x)

Receive more news about Energy

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company,...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Oct 19)
Brent Crude Oil
79.560
Coffee "C"
127.70
Gold
1,230
Silver
14.68