Cleaning Products: Opportunities in El SalvadorFriday, February 19, 2021 During 2020, total sales of cleaning chemical products in the Salvadoran market reached $143 million, 13% more than what was reported in 2019, with Guatemala, Honduras, Costa Rica and Mexico being the main suppliers of local companies. institutional channel, which have shown an average annual growth of 5% in the last five years, according to a study by the Foreign Trade Promoter of Costa Rica (Procomer). Mexico aims to unify trade accords with Central AmericaTuesday, July 1, 2008 Mexico aims to unify its three existing trade accords with Central America, Eduardo Sojo, the Mexican economy minister, announced. Mexico has long-standing free trade accords with Nicaragua and Costa Rica, as well as a third – with Guatemala, Honduras and El Salvador – that dates from 2001. Benefits of a Unified FTA Mexico - Central AmericaTuesday, January 17, 2012 Central American countries will be able to access the Regional Integration Committee of Supplies, to supply raw materials for the development of Mexican goods, especially textiles. After three years of negotiations, the Unified Free Trade Agreement between Mexico and Central America was signed on November 22nd 2011. Guatemala Renegotiates FTA with MexicoTuesday, January 19, 2010 The country will renegotiate better market access for some products which were not given tariff benefits. According to the Guatemalan Economy Ministry, these products are sugar, coffee, banana, tobacco and tuna.
MARKET STUDY
Soups: Regional Purchases Up 14%Wednesday, February 17, 2021 In the first six months of 2020, Central American countries bought $56 million in soups and their preparations, 14% more than what was reported in the same period of 2019, a rise that is explained by the behavior of Salvadoran, Nicaraguan, Honduran and Guatemalan imports. Data from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
MARKET STUDY
Medicines: How is the Institutional Market Performing?Tuesday, February 16, 2021 Agencia Farmaceutica S.A., Corporacion Impa Doel S.A., Hispomedica SRL and Cefa Central Farmaceutica are among the companies that won contracts last year to supply medicines and pharmaceutical products to public health institutions in the region. An analysis by CentralAmericaData's Business Intelligence department provides interesting data on the companies that in 2020 were awarded contracts to supply pharmaceutical products and medical supplies to the different Ministries of Health and Social Security entities in Central American countries and the Dominican Republic.
MARKET STUDY
Bottled Water: Business with Mexico UpFriday, February 12, 2021 From January to June 2020, bottled water imports in Central America totaled $12 million, and purchases from companies in Mexico increased 86% compared to the same period in 2019. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"] Mexico Includes Sugar and Banana in FTA with CAThursday, October 28, 2010 Mexico could allow privileges to those products in connection with the unification of the FTA. In return, it requested access to CA of its dairy products, cars, avocado, steel and white corn. Second Round of Unified FTA with MexicoTuesday, August 10, 2010 Yesterday the second round of negotiations began to unify the various agreements Central American countries have signed with Mexico. The objective is to unify the different agreements signed by Nicaragua, Costa Rica and the "Northern Triangle" (Guatemala, Honduras and El Salvador) into one single Free Trade Agreement (FTA). How to Take Better Advantage of the Mexico - Guatemala FTAFriday, November 24, 2017 Lack of knowledge of the scope and characteristics of the commercial agreement has been attributed to the little use given to it in Guatemala, especially by small and medium-sized enterprises. Norberto Amador, commercial counselor for Central America at ProMéxico, told Elperiodico.com.gt that "...Guatemala is Mexico's main trading partner, but it has not yet taken advantage of the agreement, as many small and medium-sized companies have no knowledge of what they can trade through the FTA." Unified FTA with Mexico Takes EffectMonday, September 3, 2012 The first countries to enforce this Unified Agreement will be El Salvador, Nicaragua and Mexico and the other countries of the region are still in the process of ratification with the Legislature. A press release from the Ministry of Economy of El Salvador (Minec) reads: Costa Rica Approves Trade Agreement with MexicoWednesday, February 27, 2013 The Legislature approved the Free Trade Agreement between Mexico and the Republics of Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. A statement by the Legislature: Del comunicado de la Asamblea Legislativa: Mexico's trade with Nicaragua grows sixfold under 19998 accordWednesday, July 2, 2008 Trade between Mexico and Nicaragua has grown sixfold since a free trade agreement between the two countries came into force in 1998. Eduardo Sojo, the Mexican economy minister, said that trade between the two countries amounted to US$550 million last year. Region Begins Fourth FTA Round with MexicoTuesday, February 1, 2011 Representatives of Mexico and Central America began negotiations, which will extend until Friday, February 4. Negotiations will cover government procurement, market access, rules of origin and services, among other issues, explained Raul Trejo, Guatemalan Vice Minister of Economy. Mexico – Guatemala TLC on HoldWednesday, February 9, 2011 The fourth round of talks ended without progress on free market access to Mexico of Guatemalan coffee and bananas. Guatemala offered Mexico to open its market for cars, but failed to open the market for its coffee and bananas. |
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