Because the creation of a new sanitary regulation in Mexico will take more than three months, it will be almost impossible to resume exports of fresh Honduran shrimp to the North American country this year.
Mexico's blockade of Honduran shrimp imports has been in effect since October 20 last year, after Mexican authorities cited the presence of yellow head disease in the product purchased.
In Costa Rica, the productive activity of agricultural goods destined for domestic consumption has been stayed low in recent years, despite the fact that most benefit from the protection afforded by the tariffs imposed on imports of some similar goods.
During the first six months of the year, the country reported sales abroad worth $4.749 billion, registering an increase of 9.8% compared to the same period in 2017.
One of the reasons for the strong increase in sales abroad is the diversification that has been achieved in recent years in the matrix of export products, according to representatives from the Center for Export and Investment (Ceird).Data from this entity shows that the figure has grown from 2,872 products to 3,127.
A second round of negotiations to extend the partial scope agreement has concluded, with the approval of new rules on origin for trade between both countries.
The Ministry of Economy of El Salvador reported that one of the greatest achievements of this meeting was the completion of the negotiation on the market access table, with El Salvador reaching around 120 tariff codes that will be subject to improvements in tariff preferences.
In the first semester, sales of goods abroad totaled $5.718 billion, registering an increase of 6% with respect to the same period in 2017.
According to the latest report by the Ministry of Foreign Trade, during the first half of the five year period from 2014 to 2018, the country registered an average increase of 5% in exports of goods.
Entrepreneurs in the agricultural sector in Costa Rica are maintaining their position against an eventual incorporation into the commercial block made up of Mexico, Colombia, Peru and Chile.
Although it is not yet a priority on the agenda, the Ministry of Foreign Trade plans to initiate a consultation process with all the sectors involved, to analyze the positive and negative aspects of an eventual accession to the Pacific Alliance (AP), and in what way the process should be carried out.
Purchases abroad by Nicaraguan companies during May were 5% lower than those reported in the same month last year.
Three months after the social and political crisis broke out, various economic sectors now feeling the impact.From January to April of this year, imports were growing at a monthly average of 10%, however, with the advance of the crisis that trend has been reversed, registering a 5% year-on-year fall in purchases made abroad, falling in May from $529 million to $502 million.
As part of the ExpoMueble 2018 event, Central American furniture manufacturers and distributors are being called upon to take part in the business conferences scheduled to take place from July 26 to 29, in Guatemala City.
The Guatemalan Exporters Agency reported that in the 2018 edition, more than 100 exhibitors from furniture chains and Guatemalan boutiques will take part, having the opportunity to promote their products to the more than 15,000 people who will be visiting the exhibition floor.
The Varela administration has applied a special agricultural safeguard to some porcine products imported from the United States, among which are hams, legs, shoulders and their pieces.
In Panama, a bill proposes reinforcing coercive measures for customs offenses with penalties ranging from $250, to a fine equivalent to the value of the unpaid taxes.
The Ministry of Economy and Finance explained that the bill proposes "to facilitate greater collection, in any of the instances that sanction the crimes of customs fraud and contraband."
Due to the crisis affecting Nicaragua and paralysis of construction in Panama between April and May, the IMF has reduced the expectation of economic growth for the Central American region from 4% to 3.3%.
The International Monetary Fund (IMF) cut growth forecasts for the Central American economy, due to the uncertainty caused by the situation in Nicaragua and its effect on the region's economic activity, and the impact of the construction strike in Panama, which has halted works on 260 projects nationwide for the last 30 days.
The Legislative Assembly of El Salvador has approved incorporation into the Customs Union between Guatemala and Honduras.
Although an improvement has been reported in the transit of goods through customs posts as well as an increase in bilateral trade, there are still a lot of aspects that need improving, according to businessmen who trade among these countries.See "Customs Union: Good results, but improvement still needed"
A Taiwanese company has paid $803 for a pound of geisha coffee produced in the province of Chiriqui, surpassing the highest price of $601 paid for a grain of this type.
In the online auction 'The Best of Panama 2018', the Asian company Black Gold Coffee Co paid the highest amount per pound that has been registered for a coffee of the geisha variety, buying it from Elida Geisha Green Tip Natural which produces the grain in the District of Boquete.
Between January and May of this year, sales abroad totaled $2.091 billion, registering a decrease of almost 2% with respect to the amount accumulated in the same period in 2017.
A report of the Central Bank of Honduras states that "... Agroindustrial activities generated foreign currency of US $1.137 billion, which represents a decrease of US $142.7 million in relation to the amount obtained in the interval from January to May in the previous year; essentially because of a reduction of US $133.3 million in coffee exports, a fact linked to the 14.6% drop in the international price of coffee (existence of an oversupply of coffee in the world market and the speculation of abetter harvest by Brazil)."
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
Prime Lake Front Real Estate near ATENAS: Available for Development. An extraordinary commercial real estate opportunity has just become available. The property is a mere two minutes or 0.9 miles or 1.5...
The lots are large, 3,000 – 5,300 sq mts with prepared building sites, all with beautiful ocean views, water and power to the site. Financing Convenient location; 10 minutes from Berlin and just 30...
español
2841