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Honduran Plastics Exports Up 14%

Foreign sales of Honduran plastic products totaled $241.8 million dollars in 2011, 14% more than in 2010, when the total was $211.2 million.

Monday, January 30, 2012

"In terms of export volume, the president of the Agexport Plastics Commission, Rolando Paiz, said they were 8,767 metric tons, 6,122 more than the previous year, which is equivalent to 7%," reported LaPrensa.hn.

Guatemala and El Salvador are the Honduran industry's two main markets.

"'In addition to the Central American market, we export to countries like Mexico, but on a smaller scale," explained the manager of Vanguard Plastics, Juan Jose Diaz. This is one of the leading companies in foreign sales.
Despite these positive statistics, the country has not superseded other exporters in the region like Guatemala," reported Laprensa.hn

Source: laprensa.hn

Key entities

Secretaría Grupo Vanguardia F.e.s, S.A Juan José Díaz

Countries

Honduras

Insight

exports increase increase in exports exporting companies exports exports Plastics plastic plastic industry Plastic Waste plastic containers Exports & imports Industry

Guatemalan Plastic Exports up 14%

January 2012

After the 2009 crisis, plastic exports reported growth for a second consecutive year.

At the end of 2011 total foreign sales amounted to $241.8 million, up 14% compared to 2010 with exports of $211.2 million.

In terms of the volume of exports, the president of the Plastics Commission at Agexport , Rolando Paiz, indicated they were 8,767 metric tons, 6,122 (7%) more than in the previous year.

Honduras: Increases in Export of Plastics

September 2011

Exports of plastic products have been positioned within the "top 10" after totalling $16 million in August 2011.

The data comes from the monthly export report from the Ministry of Industry and Commerce, which places El Salvador as the main destination country, followed by Nicaragua.

Protests Over Plastic Waste Export Restrictions

October 2011

Guatemalan companies in the sector said that the measure constitutes "price fixing which eliminates competition, and encourages the formation of monopolies and privileges for certain companies."

The Ministry of Economy has restricted the export of waste, and scrap plastic, threatening companies that engage in this activity, said the Exporters Association of Guatemala.

Increase in Exports from Honduras to Europe

April 2009

Exports in March 2009 increased by $7.765 million when compared with the month of February.

According to data from the Center for Exports, areca palm and tilapia skin had a considerable rebound.

Aminta Peralta, who is in charge of the department of statistics of the Ministry of Industry and Commerce, SIC, told Laprensa.hn: "Sugar grew by 99%, iron by 60%, pineapple by 34% and coffee by 10%.

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