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MARKET STUDY
Air Conditioning Equipment: Regional Market up to June 2019Thursday, November 14, 2019 Between January and June 2019, the region spent $92 million to import these products, and purchases from Mexican companies grew 23% over the same period in 2018. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"] Tourism Agreement between Panama and JamaicaThursday, November 14, 2019 The agreement to be signed in 2020, aims to make a strategic alliance and promote both countries in the multi-destination format. The governments of Panama and Jamaica, represented by Tourism Ministers Ivan Eskildsen and Hon Edmund Bartlett, respectively, agreed to sign a multi-destination agreement next year to strengthen tourism relations and increase tourist arrivals, according to the Panama Tourism Authority (ATP).
MARKET STUDY
Aluminum: Regional Purchases Grow at 8%Monday, November 11, 2019 During the first three months of 2019, the countries of the region added $155 million in purchases of aluminum and its manufactures, 8% more than what was reported in the same period of 2019. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"] Chinese Companies Seeking Business in GuatemalaWednesday, October 16, 2019 From October 17 to 20, the VI Commercial Exhibition will be held in the Guatemalan capital, in which 41 businessmen from the Asian country will present their commercial offer. For the event to be held at the Majadas Forum Exhibition Hall, Chinese businessmen will exhibit automotive products, agricultural and light machinery, intelligent electronic and lighting equipment, construction materials, technology, everyday items and more.
MARKET STUDY
Beef Meat: Regional Sales Grow 4%Friday, November 8, 2019 From January to March 2019, the countries of the region reported $154 million in sales of beef abroad, and exports to Puerto Rico grew 12% over the same period in 2017. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"] College Campus Awarded For $66 MillionTuesday, October 22, 2019 The HCG Consortium was awarded the contract to carry out the studies, development of plans and construction of the new regional center of San Miguelito, of the University of Panama. The winning Consortium of the public contest is formed by Healthcare Products Centroamérica, S.A. and Ingeniería GER, S.A., which made a proposal for $65,990,848. Nicaragua to Host China Trade ExhibitionFriday, June 5, 2009 The exhibition will be held at the Crowne Plaza Convention Center and 60 companies will participate this coming August 27. The fair will promote the commercial exchange between both countries, allowing Nicaraguan businesses to offer products of interest to the Chinese market.
MARKET STUDY
Cell Phones: Regional Purchases Up 27%Monday, November 4, 2019 During the first three months of 2019, Central American countries imported cell phones for $329 million, 27% more than what was reported in the same period of 2018. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with the graphic"] Costa Rica - China Route: More Frequencies ManagedWednesday, October 23, 2019 Costa Rican exporters are negotiating to change the frequency of the maritime route between Port Moin and Shanghai from monthly to weekly from February 2020. The service began last September 22, when the ship of China Ocean Shipping Company (Cosco), shipping company of the Chinese government, arrived at the Container Terminal of Moin, and left on September 23 after loading products such as pineapple, banana, meat and orange juice.
MARKET STUDY
Agrochemicals: Businesses with Mexico up 12%Wednesday, November 6, 2019 During the first three months of 2019, companies in Central American countries imported insecticides, herbicides and fungicides for $132 million, and purchases from Mexican companies grew 12% over the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"] Food: Global Prices up to October 2019Thursday, November 7, 2019 In the tenth month of the year, the FAO food price index rose 6% from October 2018, explained by rising prices of sugar, meat, dairy products and vegetable oils. From FAO's monthly report:
MARKET STUDY
Candies and Chocolates: Imported Volume Up 6%Tuesday, November 5, 2019 In the first quarter of 2019, the countries of the region imported 31,943 tons of candies, chocolates and other cocoa-based preparations, a volume 6% higher than that reported during the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"] Fixed at 4.5% Monetary Policy RateTuesday, November 5, 2019 After the Central Bank of the Dominican Republic decided at the end of August to lower the monetary policy rate to 4.5%, on October 31 it decided to keep it unchanged, arguing that inflation continues in the projected ranges. From the Central Bank of the Dominican Republic: Central America: Fuel Prices up to October 4Monday, November 4, 2019 Price per gallon of regular gasoline: Costa Rica $3.86, Nicaragua $3.53, Honduras $3.41, El Salvador $3.06, Guatemala $3.05 and Panama $2.83. From the Ministry of Economy of El Salvador: Guatemala Looking to Adhere to China - Costa Rica FTAWednesday, April 20, 2011 The Economy Ministry will study the Free Trade Agreement between Costa and Rica and China, by request from the National Export Promotion Council (Conapex). Conapex requested the ministry to evaluate the possibility of strengthening trade ties with China through the Trade Agreement negotiated between the Asian giant and Costa Rica. These treaty allows other Central American nations to join in, nut negotiating separate terms and conditions. |
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Monday, November 18, 2019 - last update: 4:11 pm
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