During January, Salvadoran manufacturing exports totaled $492 million, an amount 4.9% higher than that reported for the same month in 2019.
Exports from El Salvador in January 2020 totaled $509.8 million, $26.5 million more than in January 2019, with a 5.5% year-on-year growth, while in terms of volume it grew 23.7%, reported the Central Reserve Bank.
In Guatemala, companies in this sector registered in 2018 foreign sales of $2.5 billion, 5% more than in 2017, and next year expect a 3% growth.
The Diverse Manufacturing Sector represents 17% of Guatemala's total exports. Products such as paper and cardboard manufactures, pharmaceutical products, insecticides, fungicides and disinfectants and diverse products of the chemical industry have added a $2.5 billion foreign exchange income for foreign sales, informed the Guatemalan Association of Exporters (Agexport).
Between January and August of this year, Honduran exports of manufacturing and agricultural products reached $1.284 million, 8% more than the same period in 2017.
Mostly explained by the increase in exports of paper and cardboard, plastics and their products, bananas, melons and watermelons, sales of manufacturing and agricultural products that together reached US$1,284.3 million were 8.1% higher than the US$96.6 million accumulated in the same period of 2017.
In the third month of the year, exports of goods grew by 3% with respect to the same period in 2017, and the increase was mainly due to sales of the maquila and agricultural sectors.
From a report by the Central Bank of Honduras:
At the end of the first quarter of 2018, Salvadoran exports of goods amounted to US $1.4825 billion, higher by US $44.9 million than in the same period in 2017, which meant a year-on-year growth of 3.1%, the Central Reserve Bank reported.
Of the $173 million that both countries sold in 2017, $130 million corresponded to goods imported from Germany, including medical and pharmaceutical products.
Figures from the Investor's Guide 2017-18, presented by the Nicaraguan - German Chamber of Commerce and Industry, detail that in addition to medical and pharmaceutical products, among the products that are also imported from the European country are lamp holders, electrical outlets, coated fabrics, fiber optic connectors, herbicides and electrical conductors.
Of the exports from the sector of miscellaneous manufactures, those that grew the most in 2017 were paper and cardboard products, leather products and those made by the chemical industry.
Last year products from the miscellaneous manufactures sector had as their main destination the Central American market (57%), mainly Honduras and El Salvador.This was followed by the United States (12%), Mexico (4%) and the Dominican Republic (3%).
In the first half of the year, foreign sales grew by 26% compared to the same period in 2016, driven by the manufacturing industry, whose exports grew by 30%.
From the Foreign Trade report January June 2017, by the Central Bank:
At the end of the first half of 2017 the value of FOB merchandise exports totaled US $1,477.3 million; which represented a year-on-year increase of 25.9 percent in relation to the amount accumulated in the same period in 2016 (US $1,173.6 million).
Annual imports by the plastic industry in Costa Rica are worth around $242 million, of which almost 50% is imported by Durman Esquivel, Mexichem and Polymer.
According to figures from the "Costa Rican Company Identifier" system, compiled by the Business Intelligence Unit at CentralAmericaData, in 2015 companies dedicated to the manufacture of plastic products, Durman Esquivel, Mexichem and Polymer, together imported $111 million worth of plastics.
Foreign sales by the manufacturing sector in the first quarter of the year grew by 11% compared to the same period in 2016.
From a report by the Central Bank of Honduras:
In the first quarter of 2017, El Salvador exported US $1,414.2 million, up by US $134.4 million compared to the same period in 2016, equivalent to a year-on-year growth of 10.5%, the Central Reserve Bank reported.Exports of agricultural goods increased by 8.6% and those from the manufacturing industry by 10.7%, both contributing to the performance reported in the first three months of the year.
Although clothing and car wiring harnesses continue to lead, the number of types of goods exported under the free zone regime has gone from ten in 2008 to 20 today.
Production and export of clothing and wiring harnesses are still the main goods produced and exported under free trade zone conditions, but now others have been added such as as cigars, edible oil, fruits, leather shoes, paper, cardboard, and manufactured leather covers for furniture.
The meeting in Guatemala will focus on various manufacturing segments, cosmetics, plastics, wood and food and beverages.
The 8th. edition of MANUFEXPORT Retail Supply will be held from on Septemberg 7th-8th 2016 in Santo Domingo del Cerro, Antigua Guatemala.
From a statement issued by Agexport:
The export manufacturing industry is a highly dynamic and innovative sector and every year implements new strategies and business models to potentiate its exports, which represent 30% of Guatemala's total exports and which generate about 200 thousand jobs. One of the goals set for this year, 2016, is to surpass by 6% the $3.585 million already exported, according to the Bank of Guatemala, from January to November 2015.
Falls in sales of textiles, machinery and transport equipment accounted for the 6% annual contraction in manufacturing activity in May this year.
In the case of textiles, a reducicón of 8.7% in industrial production in May is attributed to lower production of knitted or crocheted fabrics, clothing and leather production. In the machinery and heavy equipment sector, which fell by 48%, a reduction in demand from the Mexican automotive industry is, according to Central Bank data, the reason for the poor performance.
In the first quarter exports of manufacturing goods abroad totaled $1.076 billion, 14% more than in the same period in 2014.
Exports of food and beverages grew by 12.7%, while the category of "miscellaneous products" increased its foreign sales by 18%, according to figures from the Guatemalan Association of Exporters (AGEXPORT).
The manager of the manufacturing sector at Agexport, Aida Fernandez, said the manufacturing sector represents 35 percent of Guatemalan exports. The Central American nation produces and exports shoes, batteries, packaged food, soda, candy, craft bags, plastic tubes and wooden furniture, among other things."
The activities of mining, manufacturing and agriculture account for most of the growth projected by the Central Bank for 2014.
According to the preliminary report from the Bank of Guatemala, the economy will have grown by 4% by the end of 2014, and it is expected that in 2015 growth will be between 3.9% and 4.1%. It is expected that by the end of the year, exports will have increased by 7.7% compared to 2013.
In the first nine months of the year $15.9 million worth of footwear was exported, which is 26% more than in 2013.
The sector's competitiveness in terms of labor costs, incentives to industry, preferential access to key markets and strategic location of the country, are the main factors attributed to the growth in exports of Nicaraguan footwear.
The Investment Promotion Agency of Nicaragua, told Elnuevodiario.com.ni that "...
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