Imports Down 40% in Honduras

In the first ten months of the year, imports fell 40%.

Wednesday, November 17, 2010

The president of the National Federation of Customs Brokers of Honduras (Fenaduanah), Gilberto Diaz del Valle, said that last year´s economic and political crisis significantly affected the sector.

"Diaz del Valle said imports are being pursued in those stores or large companies whose business are profitable, because they survive on the basis of large sale volume." reports Latribuna.hn.



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Drops in Imports of Agricultural Capital Goods in Honduras

November 2013

While the fall in imports of capital goods in general was 4.6%, in the agricultural sector the reduction was 24.3%.

This is mainly due to reduced tractor imports from Mexico.

Latribuna.hn reports that "there was a similar trend for capital goods for transport, with a reduction of $48.9 million compared to what was achieved in the first eight months of 2012."

Honduras: Nicaraguan Meat Imports Down 35%

May 2010

The drop is caused by agreements between Honduran breeders, supermarket chains and the Government.

According to data from the Agriculture Secretary, the country used to import 4.7 million pounds of beef meat each month.

Leopoldo Durán, President of the Honduran Breeder’s Federation (Fenagh), told Latribuna.hn that “our meetings with the various members of the meat chain are paying off; supermarkets bought more from us, helping breeders reduce their excessive stock”.

Guatemalan Companies Aren't Renewing Machinery

August 2009

In the face of the economic crisis, many entrepreneurs choose not to invest in new machinery, but rather to provide maintenance to existing ones.

For the first half of the year, imports of machinery and production equipment diminished 22.3% when compared to the same period of 2008.

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".

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