Honduras: Imports and Exports Decrease

In January 2009, in relation to January 2008, imports and exports decreased 18% and 14% respectively.

Tuesday, April 21, 2009

The effects of the economic crisis are reflected in the Monthly General Goods Report published by the Central Bank of Honduras.

On the export side, the basket of traditional products experienced a decrease of 22.5%, a figure greater than the decline in exports of nontraditional products such as tilapia, vegetables and shrimp, which registered a decrease of 8.7%.

On imports, the article in La Prensa of Honduras indicated: "The purchase of goods from the exterior amounted to $531.2 million, according to the detailed report, showing a reduction of $118.8 million compared to January 2008, when it amounted to $650 million. This is the result of a significant reduction in oil prices and lower rates of capital goods and raw material purchases."

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Central America Trades Less with the World

September 2009

For the first half of the year, regional exports dropped 13.5% while imports diminished 28.9%.

From January to June 2009, the region exported $1.54 billion, 13.5% less than the same period of 2008, and it imported $6.84 billion, 28.9% less than in 2008.

While trade between countries of the region didn't drop, it slowed down, going from growth rates of 25.2% to 16%.

Red Figures in Guatemalan Trade

August 2009

In the first half of the year, exports were down 6.9% and imports dropped 28% when compared to the same period of 2008.

According to data by the Central Bank of Guatemala (Banguat), exports totaled $3.714 million while imports summed $5.386 million.

From website Prensalibre.com: "Rubén Morales, Economy Minister, said that, in the light of this situation, they will foster exports with more trade missions to countries where Guatemala has free trade agreements".

Salvadoran Exports Decrease by 14.8%

June 2009

In the first quarter of 2009, $1.272 billion were exported, 14.8% less when compared to the same period last year.

This reduction in Salvadoran foreign sales volume of both traditional and nontraditional products is the strongest so far this year.

Sugar is the traditional product that registered the largest decline, 37.2% during the quarter.

Guatemala: Imports and Exports Decrease

April 2009

Through February 2009, the amount of imports and exports was 25.7% and 1.5% lower than for the same period last year, respectively.

The data disclosed by the Bank of Guatemala in February 2009 indicated that there were $1.217 billion exported and $1.726 billion imported.

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