Panamanian Exports to CA up 10%

During the first ten months of 2010 exports to Central America totaled $ 82.3 million.

Wednesday, January 26, 2011

The most significant growth was El Salvador with 68.3% and Honduras with 56.9%, followed by Nicaragua and Guatemala with 40.7% and 27.2% respectively.

Costa Rica showed a recovery with respect to 2009, yet the situation was negative (-12.5%) for the period between January to October 2010.

The Ministry of Commerce and Industry of Panama, in its export promotion strategy has decided to send five trade missions, one to each Central American country.

This strategy seeks to increase market penetration from Panama to Central America, taking advantage of current positive numbers showed by Panamanian exports to the region.

The Central American market as a whole has historically represented the second destination of Panama's exports exceeded only by the United States and followed closely by European Union countries.



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Increased Trade Between Central America and Mexico

August 2013

In late 2012, one year after the signing of the new trade agreement, trade between Mexico and the region totaled $9.3 billion.

This information was released by the Mexican ambassador in San Salvador, Raul Lopez Lira. "On September 1 the Central American countries will celebrate the first anniversary of the unified treaty between Mexico and the region with a significant increase in trade ...", reported Laprensa.com.ni article.

Too Many Eggs in One Basket

May 2013

The growth of food exports to Venezuela has got Nicaraguan producers excited, yet they are warning against backing this market excessively.

"Between January and May of this year, exports by volume from Nicaragua to Venezuela have grown by 209%, generating an exporter enthusiasm which has convinced all of the productive sectors, especially now that there are plans to halve red bean production over five years in order to plant more black beans", reported Laprensa.com.ni

Central America’s Foreign Trade: January-August 2012

January 2013

Exports from the region reached an FOB value of $20 billion during the first eight months of 2012, an increase of 7.3% over the previous year.

This from the executive summary in the January-August 2012 Newsletter of the Central American Economic Integration Secretariat (SIECA):

Central America Exported 22% more in 2011

May 2012

Panama's exports grew by about 33%, those of Nicaragua by 30% , Guatemala’s by 27%, Honduras’ by 26%, El Salvador’s by 18% and Costa Rica’s by 10%.

The Central American countries together exported goods worth $52 billion in 2011, 22.3% more than in 2010, reported the Secretariat of Central American Economic Integration (Sieca) this week.

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