Coffee and Apparel Give Guatemalan Exports a Push

Up to October, foreign sales totaled $8.682 million, 25.3% higher than in the same period in 2010.

Friday, December 9, 2011

Coffee exports, up 12.5%, and apparel, up 12.1%, were decisive in the increase.

The United States remains the main destination for exports receiving 41.5% of the total, according to the Bank of Guatemala (Banguat).

"$2,321.4 million were shipped to Central America , representing 26.7%, and $574.6 million went to the Eurozone, which is 6.6%. Also, $406.2 million or 4.7% went to Mexico, and $ 209.4 million, representing 2.4% went to Panama", reported Siglo21.com.gt

More on this topic

Guatemala: Exports Up 23.6%

February 2012

Guatemala received $10.46 billion in foreign exchange through exports in 2011, 23.6% more than last year.

Guatemala exports totaled $10.463 billion, some $2 billion more than in 2010, reported the Bank of Guatemala.

"According to statistics released on its website by the Bank of Guatemala (central), foreign exchange earnings last year were 23.6% higher than those of 2010", reports Prensa.com.

Guatemalan Exports Up 27%

July 2011

The country sold $4,578 million worth of goods abroad in the first 5 months of the year, 26.8% more than in the same period in 2010.

According to officials from the Bank of Guatemala, the increase is mainly explained by the increase in the price of commodities, especially sugar, bananas, coffee and cardamom oil.

Nicaraguan Textiles Lead in Central America

July 2011

Between January and May sales grew by 25% compared to the same period in 2010.

The rise in sales to the U.S. was higher than to countries like El Salvador, Honduras and Guatemala, which increased by 19%, 17% and 13% respectively in the same period.

With the 25% increase, Nicaraguan exports went up from $381.1 million to $476.7 million.

Guatemalan Exports Up 16%

November 2010

In the month of September $ 6,284 million were exported, 16% higher than the same period of 2009.

The items which determined the increase are oil, sugar, cardamom, bananas and coffee.

"According to Banguat the total foreign sales of major products accounted for 28.9 percent, equivalent to U.S.

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