For 2021, gold exports in Central America obtained a 387% increase in sales by reaching $310 million, with Nicaragua being the main exporter with a value of $1,534 million and a volume of 47 tons, being the main buyer the United States with $1,064 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
In the third quarter of 2021, the volume sold of metallic minerals in the Central American region reached 2,731,659 Tons with a value of $2,176 million, being Panama the main exporter with $2,032 with main destination to China.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
By the third quarter of 2021, gold exports in the Central American region increased by 387% reaching $310 million in sales, the main destination being the United States of America.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
During 2020, imports of aluminum and its manufactures in Central America totaled $480 million, 19% less than what was reported in 2019, a drop that is explained by the decline in purchases from all markets in the region.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
Between January and November 2019, mining sector exports totaled $153 million, 16% less than what was reported in the same period in 2018.
Exports of mining activity recorded a value of $152.8 million, $27.6 million below what was observed in November 2018, as a result of the reduction of $17.4 million in shipments of zinc, related to the fall in price and volume exported, also, gold sales showed a decrease of $6.7 million, resulting from operational problems in some of the extracting companies, informed the Central Bank of Honduras.
Inversiones Los Pinares, in charge of building an iron oxide mine in Tocoa, Honduras, plans to begin exporting to the U.S. market in late 2020 or early 2021.
Representatives of the company informed that currently the construction works of the plant are carried out where the iron oxide that will be extracted from the mine will be processed and also warehouses, administrative offices and other enclosures are built.
The amendments to the law stipulate that prior to the request for exploitation, the mining authority shall require the municipal corporation to conduct a citizen consultation within a period not exceeding 90 days, and the decision adopted shall be binding for the granting of the concession.
If the result of the citizens' consultation is to oppose the exploitation, it cannot be carried out again after one year, prior to the installation of a social development table, the approved text specifies.
From January to September 2018, countries in the region exported $74 million in metalliferous minerals, and sales to Mexico tripled over the same period in 2017.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
Palm oil, food supplies, paper and cardboard, beef and zinc minerals and its concentrates are the main products that Central American companies sell to companies in Mexico.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
From January to June 2018, countries in the region exported $52 million in metal ores, and sales to Mexico increased 400% over the same period in 2017.
Figures from the information system on the Metalliferous Minerals Market in Central America, from the Commercial Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
During the first half of the year, the countries of the region added $299 million in aluminum and its Manufactures, and 66% was imported by companies in Guatemala, Costa Rica and Panama.
Figures from the information system on the Central American Market for Aluminium and its Manufactures, compiled by the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Exports from mining companies in Honduras totaled $133 million from January to July 2018, 35% more than reported in the first seven months of 2017.
The Central Bank of Honduras reported that during the first seven months of the year the exported value of zinc was $37.4 million, above the $24 million reported in the same period of 2017. This increase is mainly due to the 17.4 million pounds sold to Mexico and Belgium.
The value of gold exported from Central America in the first three months of the year reached $132 million, 11% more than the value reported for the same period in 2017.
Figures from the information system Mercado de Oro en Bruto, Semilabrado o en Polvo en Centroamérica, from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption=Click to interact with graphic"]
Exports of metalliferous minerals from Central America summed $33 million from January to March 2018, and sales to Belgium increased 229% compared to the same period in 2017.
Figures from the information system on the Metalliferous Minerals Market in Central America, from the Commercial Intelligence Area of CentralAmericaData: [GRAFICA caption="Clic to interact with chart"]
Adverse court decisions against companies, social and political conflicts and fiscal issues are some of the factors that are impeding the development of productive projects in Central American countries.
One of the latest court decisions affecting companies with investments in the region was that of Minera Petaquilla, in Panama. The contract that this company had signed with the Panamanian State was declared unconstitutional last week.
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