Guatemalan Exports to Europe Fall 10.5%

Sales to Europe are down 10.5% from $249.2 million up to April of 2011 to $222.9 million up to the same month in 2012.

Friday, June 8, 2012

The biggest drop was recorded in exports to Spain with a decrease of 49.3%, followed by Italy with a decrease of 25.8%, and Germany with 8.4%.

As of April 2012, total exports according to figures from the Bank of Guatemala, totalled $3,592,000.

An article in Elperiodico.com.gt states, "Exporters sold to the rest of the world goods worth $3.592 billion up to last April, a decrease of $62.4 million compared to the $3.654 billion sold during the first 4 months of 2010, according to figures from the Bank of Guatemala. "

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