Guatemala's exports to the United States increase

In the first three months of this year, Guatemala exported 849.77 million dollars worth of goods to the United States, an 11.71 per cent increase over the same period of 2007, despite the prospect of a slowdown in the U.S. economy.

Friday, June 6, 2008

However, as the experts predicted, not all products shared in the growth. Some, like agricultural products, did well and others, like manufacturing, did poorly.
According to updated figures from the American Commerce Department, products that improved most were rubber and related products, mineral products, coffee, sugar and fruit.

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More on this topic

Despite recession, US continues to be a good market for Central America

October 2008

The chief economist at the Central American Bank for Economic Integration (BCIE), Pablo Rojas, said that the regions possibilities for export to the United States continue to be favorable despite the economic recession that is affecting the country to the north.

"Exports to the United States have continued to grow at the same rate as in 2007 according to the latest data from sources in United States as well as from Central America," he said.

Salvadoran exports increase despite crisis

September 2008

Exporter and the government expect that demand will not dry up due to the global situation.

The president of the Salvadoran Corporation of Exporters (Coexport), Vilma Calderon, explained that this behavior is rare. "Exports have not fallen at all, instead they have increased by 20% as of August, they are three times the growth rate for 2007 when we grew 7.5%.

Costa Rican exports depend less on the United States

August 2008

The marketing of Costa Rican goods in the US went from 47% of country's total exports in 2003 to 35% in 2007.

Products such as medical equipment for IV infusions, gold coffee (top quality), pineapples, and foods such as breads, sauces, etc., continue to sell in the EU, but their sale is now stronger in Asia, Central America and even the European Union, according to information from the Foreign Trade Promoter (Procomer).

Nicaragua boosts exports to US by 18 percent

June 2008

Nicaragua's exports to the United States rose by 18 percent in this year's first quarter, compared with the same period of last year.

Paul Trivelli, the US ambassador to Managua, said the increase was a result of the introduction of Cafta. Nicaragua exported goods worth US$417 million to the United States in the first quarter.

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