españolSalvadoran Exports Up 7%Tuesday, March 17, 2020 During the first two months of the year, the country's foreign sales totaled $1,015 million, 7% more than the amount reported for the same period in 2019, a rise that is largely explained by the behavior of manufacturing industry exports. The manufacturing industry, including maquila, exported $974.9 million with a 6.1% annual growth, equivalent to $56.4 million more compared to the same period in 2019, reported the Central Bank. Export Control of Medical EquipmentThursday, March 19, 2020 In order to deal with the emergency arising from the covid-19 outbreak, as of March 18 the Costa Rican government controls the export or re-export of medical implements. The National Customs Service formulated the directive based on the National Emergency Declaration of the Presidency of the Republic, which, according to Executive Decree No. 42227-MP-S, grants the Public Administration the power to apply extraordinary emergency measures, reported the Ministry of Finance. Sugar: Exports to Remain RegularMonday, March 16, 2020 Salvadoran businessmen assure that for now the sector has not been impacted by the propagation of covid-19, since for the next few weeks they are preparing shipments for 70 thousand tons of sugar. In a turbulent context, caused by the global spread of covid-19, Salvadoran sugar producers are in the middle of the harvest period and are preparing significant shipments of their product, they remain on alert.
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Pet Food: Business with Mexico Up 4%Tuesday, March 17, 2020 From January to September 2019, companies in the region imported $144 million in dog and cat food, and purchases from Mexican companies increased 4% over the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
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Beer in Central America: Purchases Up 32%Friday, March 13, 2020 From January to September 2019, foreign purchases of beer in Central America amounted to $170 million, 32% more than reported in the same period in 2018, with Guatemala and El Salvador being the markets that registered the most significant increases in their imports. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"] Nicaragua: Businessmen Support Border ClosureThursday, March 19, 2020 After the first case of covid-19 was reported in the country, the private sector is asking authorities to close the borders partially or completely and to have people entering the nation examined and quarantined if necessary. Jose Adan Aguerri, president of the Superior Council of Private Enterprise (COSEP), explained that among the measures taken by the companies for this emergency is the creation of a critical department so that the companies that the staff is working in three different places in case any of them is affected, have guns to measure the temperature of customers who come to the company and not allow them to enter with fever.
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Plastic Pipe: $290 Million BusinessMonday, March 16, 2020 From January to September 2019, Central American countries imported $290 million in plastic pipe and fittings, with Costa Rica and El Salvador being the markets where purchases increased. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"] Agricultural Sector: Exports Still NormalWednesday, March 25, 2020 Although several companies have been affected by the measures implemented by governments in the context of the Covid-19 crisis, Costa Rican exports of coffee, pineapple and bananas have so far not faced difficulties with logistics. Directors of the Coffee Institute of Costa Rica (Icafé) indicated that so far there have been no problems with the availability of containers and that sales abroad are proceeding normally.
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Tires in Central America: Market FiguresTuesday, March 10, 2020 From January to September 2019, companies in the region bought new tires abroad for $340 million, 5% more than in the same period in 2018, with Nicaragua and Panama being the markets that increased imports the most. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"] Nicaragua: Exports Up 15%Wednesday, March 11, 2020 During the first two months of the year, the country's sales abroad amounted to $519 million, 15% more than the same period in 2019, a rise that is explained by the increase in international prices. Figures from the Center for Export Procedures (Cetrex) detail that between the first two months of 2019 and the same period of 2020, exports increased by $68 million, from $450 million to $519 million. Panama in 2019: Imports Fall 3%Monday, February 24, 2020 During 2019, purchases abroad totaled Ch$12,836 million, which is 3% less than the amount reported in the previous year. The General Comptroller's Office reported that between 2018 and 2019 foreign purchases in the country decreased by $396 million, from $13,233 million to $12,836 million. Honduras: Foreign Trade at the End of 2019Monday, February 24, 2020 During 2019, general merchandise exports totaled Ch$4.16 billion, 2.7% less than reported in 2018, a decrease that is explained by the reduction in coffee, banana and zinc sales. Agro-industrial activity reported exports of $2,170.9 million, $142.9 million less than in 2018, mainly because of the decline in coffee exports by $168.5 million (15.1%), this result is associated with increased global supply of the grain, reported the Central Bank of Honduras (BCH). Instability, Confusion and Economic DecelerationTuesday, March 10, 2020 Faced with the advance of the coronavirus epidemic, businessmen in the region are asking citizens to follow only official recommendations to avoid giving way to disorienting versions that only contribute to generate instability and uncertainty. In Central America, two countries have registered people infected with the virus. Costa Rica was the first to report cases of COVID-19 (also known as coronavirus) and so far the nation has registered nine infected people. Panama made its first case official on 9 March. Coronavirus: What are the Impacts for the Region?Thursday, February 20, 2020 Business people in Central America agree that because of the virus that has been spreading from China, global supply chains have been disrupted and commodity prices have fallen. An analysis by the Guatemalan exporters' union states that among the risks identified as a result of the outbreak of the coronavirus (a highly contagious disease that emerged in the city of Wuhan, in central China), is the possible irruption to the supply chains of Guatemalan industries, by identifying that China has become one of the 3 main countries of origin of Guatemalan imports. Rice: Imports Authorized in PanamaThursday, March 5, 2020 In order to meet local demand between May and August, the government authorized the import of 2.3 million quintals of paddy rice. This decision was taken at an expanded meeting of the Committee on the Agrifood Chain of Rice, where its members agreed to recommend to the Executive the import of rice mentioned above, whose date of entry into the country is limited to 15 June 2020, which is recorded in the minutes of the resolution, reported the Ministry of Agricultural Development (MIDA). |
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Thursday, April 2, 2020 - last update: 4:28 pm
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