Panamanian Coffee Exports Up 36%

In the first 8 months of the year, export values increased by 36% over the same period of 2009.

Monday, October 25, 2010

Norberto Suárez of the National Association of Coffee Processors and Exporters of Panama, stated that "…the increase in the FOB value is exceptional."

"... Suarez clarified that smaller amounts are being traded, although at higher prices. Quintal value increased from $ 180 to $ 210, but coffee plantations have been reduced by 60% in the last 15 years," informed an article in Prensa.com.



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Central Foreign Trade January-March 2012

August 2012

The FOB value of Central American exports totaled $7,919 million in the first quarter of 2012 seeing a growth rate of 8.5%.

AMERICAN FOREIGN TRADE
Bulletin: January-March 2012

Executive Summary

Exports

Exports in Central America reached a FOB value of U.S. $7.91 billion during the first quarter of 2012, an year on year increase of 8.5%, less than that from January-March 2011, which was of 22.0%.

Record Growth for Guatemalan Exports

January 2012

Foreign sales grew in 2011 at an annual rate of 25%, the highest percentage in the last 30 years.

Due to the high international price of coffee, silver and gold, oil and rubber, the amount of foreign currency received was more than $10,000 million.

By sector, manufacturing is expected to close with a 20% increase in exports relative to 2010. Total sales exceeded $2,800 million, of which 31% are sales of exported chemicals.

Guatemalan Exports Rising

May 2011

Foreign sales grew by 28% in the first quarter compared to the same period of 2010.

The high prices of commodities in international markets is one reason behind the increase in exports in Guatemala.

In total, the country exported more than $2700 million in the first three months of the year.

Nicaragua to Export $ 2,200 Million in 2011

January 2011

Exporters project an increase of $ 300 million for this year compared to 2010.

The director of the Export Procedures Center (CETREX), Jorge Molina, said the projected increase for this year is based on the average growth of the past seven years, which was 15%.

"In 2010, according to preliminary data CETREX published on its website, the value of exports was 1,920.06 million dollars, 450 million Dollars more than in 2009, year in which exports declined compared to 2008," reports Laprensa.com.ni.

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