Natural Disasters Disrupt Regional Trade

Due to the tropical storms Eta and Iota, severe damage has been reported to the road network in Central American countries, and some border posts in Guatemala, Honduras and El Salvador have been suspended.

Friday, November 20, 2020

Since November 17, operations were suspended at the El Corinto, El Florido and Aguas Calientes border posts. These areas, shared by Guatemala and Honduras, are not operational, according to the Guatemalan Superintendence of Tax Administration (SAT).

On the other hand, representatives of the Central American Economic Integration Secretariat (Sieca) informed that the El Poy customs house, shared by Honduras and El Salvador, also stopped operating.

Damage to the road network also complicates the picture. Hector Fajardo, director of the Central American Transporters Chamber (Catransca), told Prensalibre.com that in "... each of the countries there are severe damages to the road infrastructure, and it is reported that the means of transport have not been able to reach their destinations both by land and in the different ports (import and export)."

The article adds that "... In the case of Guatemala, there is no connection with Honduras, Izabal, Petén and Belize by land due to the problems generated by the rain in a provisional section at kilometer 154 on the Atlantic route. In Honduras, there are damaged bridges and roads that connect to Puerto Cortés, as well as Puerto Cabezas in Nicaragua. In addition, at the customs office between Costa Rica and Panama there is an interruption in the passage of heavy vehicles."

Check out the "System for monitoring the markets and economic situation in Central American countries", developed by CentralAmericaData.



More on this topic

Peripheral Customs Begin to Operate

September 2020

As of October 1st, Guatemala and Honduras will begin operating three Peripheral Customs Offices, areas that will simplify procedures and allow free community mobility between both countries.

Guatemalan and Honduran taxpayers who make definitive imports to each State Party will be the ones to benefit from the implementation of this type of customs, since the goods imported under this modality will enjoy free mobility.

Contingency Plan for Customs Challenges

May 2019

Because the entry into force of the Central American Single Declaration has generated delays in the import and export processes, a contingency plan will be implemented at all customs offices in the region.

By agreement of the Council of Ministers of Economic Integration (COMIECO), on May 7 the Single Central American Declaration (DUCA) was implemented at the regional level, a situation that has generated many difficulties arising from the implementation of the new system in the import and export processes.

More Business between Guatemala and Honduras

January 2019

In 2018, trade between the two countries totaled $968 million, 6% more than in 2017.

Figures from the Secretariat of Central American Economic Integration (Sieca), specify that last year 82% of trade between the two countries was for sales from Guatemala to Honduras, and the remaining 18% from Honduras to Guatemala.

Central American International Trade Statistics

March 2010

International Trade Informaction, Trade Balance, Product Analysis, Top Partners, Top Products.

CENTRAL AMERICAN INTERNATIONAL TRADE STATISTICS:

Original Country Data: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua
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