Guatemalan Products Consolidated in Asia

Guatemala exports to South Korea and China have increased by 185% and 382%, respectively.  

Wednesday, February 12, 2014

Details from the Guatemalan Association of Exporters (Agexport) show that South Korea and China are the two Asian countries with the most products sales from the Central American nation, with honey, sugar and shrimp being the main exports.

" ... Over the past year the value of products shipped to South Korea totaled $151.5 million, while in 2012 $53 million was sold, representing an increase of 185.5 %," said Estuardo Castillo, president of Agexport.

" ... China also reported an increase of 382.4% as the value of products sent last year was $167.3 million last year. In 2012 it was $34.6 million," according to the Bank of Guatemala.



More on this topic

Invitation to Trade Fairs with South Korea

August 2016

In order to improve the export promotion strategy to China two annual meetings are being organized in Guatemala between companies from both countries, and the first will be held in March 2017.

The union of exporters, Agexport, and Korean Guatemalan Chamber of Commerce (CAMCOR), integrated into the Board of Export and Trade in Asia, are calling for Guatemalan companies to participate in the "Korea Trade 2017", a "...

Growing Sales of Guatemalan Sugar to Asia

January 2014

The volume purchased by China in the recent harvest is equivalent to that acquired between 2005 and 2011.

In the 2012-13 harvest, three Asian countries purchased 673,843 metric tons (MT) of sugar, equivalent to 35% of the country's total export crop. China bought 341,218 MT giving it h a 20% share, which is equivalent to the amount it acquired from 2005 to 2011, which was 311,073 MT.

Shrimp to China and Peas and Green Beans to Canada

March 2013

The goals set by Guatemalan exporters for 2013 include the opening up of the markets of China and Canada for peas, green beans and shrimp.

Revistamyt.com reports that "the new president of Agexport, Estuardo Castillo, revealed some of the most noteworthy projects for the year 2013, through which they are aiming to reach the goal of $12,000 million in exports."

More Productivity in Shrimp Farming

April 2012

The shrimp industry, which exported $52.8 billion in 2011, is seeking to improve infrastructure and implement improved farming technologies.

The production of shrimp and fish farming generates more revenue than deep-sea fishing, as reports by Electronic Service for Export Authorization (SEADEX) and the Committee on Fisheries and Aquaculture of the Guatemalan Association of Exporters (Agexport) clearly show .

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