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MARKET STUDY
Central America: Mexican Footwear Gaining GroundThursday, April 15, 2021 In recent years, Mexican footwear has gained importance in terms of the amount purchased, since from January to September 2012 it represented 2% of total regional imports and for the same period in 2020 the proportion rose to 5%. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
MARKET STUDY
Animal Feed: Purchases up 9%Tuesday, April 13, 2021 From January to September 2020, Central American countries imported $360 million for animal feed preparations, 9% more than what was reported in the same period of 2019, a rise that is largely explained by the behavior of purchases from the U.S. and Mexico. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
MARKET STUDY
Cardboard Boxes: Business with Mexico up 125%Monday, April 12, 2021 From January to September 2020 Central America allocated $92 million to the import of paper or corrugated cardboard boxes, and purchases from Mexico increased 125% over what was reported in the same period of 2019. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
MARKET STUDY
Palm Oil: Regional Sales Up 12%Wednesday, April 7, 2021 From January to September 2020 exports from Central America of palm oil and its fractions totaled $648 million, an amount that exceeds by 12% what was reported in the same period of 2019. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
MARKET STUDY
Car Batteries: Business with South Korea IncreasingThursday, April 8, 2021 From January to September 2020, Central American imports of vehicle batteries totaled $155 million, and purchases from Korean companies increased 27% compared to the same period in 2019. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"] 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. Organic Food: Opportunities in the CrisisMonday, April 5, 2021 Because in this context of health crisis consumers take more care of their food, companies in the Costa Rican market dedicated to the production and marketing of organic food have managed to take advantage of the business opportunities that have arisen. Analyses carried out at a global level, agree that driven by the search for benefits for their health and immune system, in the current context of changing habits, consumers are beginning to prefer fresh foods more than packaged or processed ones.
MARKET STUDY
Central America: Vietnamese Cement Gaining GroundMonday, April 5, 2021 In recent years, cement from Vietnam has gained importance in terms of the amount purchased, as from January to September 2018 they represented 10% of total regional imports and for the same period in 2020 the proportion rose to 30%. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
MARKET STUDY
Plastics: Regional Purchases Exceed $2.6 BillionWednesday, March 31, 2021 From January to September 2020, imports for plastic and its manufactures totaled $2,681 million, 13% less than what was reported in the same period of 2019, a drop that was reported in the context of the economic and sanitary crisis caused by the Covid-19 outbreak. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"] 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. Packaging and Plastics: Company Closes OperationsTuesday, March 30, 2021 In Nicaragua, Astro Packing Solution, a company involved in the manufacture of packaging and plastic products, notified its clients that it will close indefinitely due to a shortage of raw materials. CentralAmericaData anticipated this scenario in mid-February. According to a publication dated February 15, due to the shortage of raw materials and the bottlenecks in the production of the inputs demanded by the plastics industry, businessmen in the region predicted that in the coming months the prices of the products manufactured by the sector would increase.
MARKET STUDY
Corn: Regional Purchases Up 10%Monday, March 29, 2021 From January to September 2020, companies in the region bought corn abroad for $753 million, 10% more than what was reported in the same period of 2019, a variation that is explained by the rise in imports from Nicaragua, Guatemala, Honduras and Panama. 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). |
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Sunday, April 18, 2021 - last update: 4:39 pm
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