Trade between Guatemala and Honduras Recovers

In the first half of the year both Guatemala's exports and imports showed growth.

Tuesday, August 24, 2010

According to Guatemala's central bank (Banguat), exports increased 8.1%. Meanwhile as of June this year imports already totaled $150 million compared with $262 for the whole of 2009.

"These figures from Banguat suggest that in the first half of 2009 there was a drop in imports and exports between Guatemala and Honduras, probably caused by the world economic crisis, more than the Honduran political situation and military coup staged on 28 June 2009," reports Sigloxxi.com.

Fanny D. Estrada from the Guatemalan Exporters’ Association (AGEXPORT) explains that overall exports in the whole region have recovered.

More on this topic

Guatemala: Increase in Capital Goods Imports

August 2010

In the first half of the year, the imports of capital goods were up 12.2% relative to the same period of 2009.

Total capital goods imported for the period were worth $1.01 billion, compared with $0.90 billion in the first half of last year, according to data from the Guatemalan central bank, Banguat.

Guatemalan Foreign Trade Falls in March

May 2009

According to data from Banguat, exports fell by 1.2% and imports by 24.7% when compared to same period in 2008.

In March 2009, total exports were $1.855 billion, and the total amount was $ 2.63 billion.

Leonel Díaz wrote in Prensalibre.com: "According to Banguat, the main export products (bananas, coffee, sugar and cardamom) increased by 28.2%, but they were outweighed by a decline of US $36.9 million (-6.8%) in exports to Central America and the rest of the world."

Guatemala: Raw Material Imports Up 23%

November 2011

In the first 8 months of 2011 foreign purchase of raw materials amounted to $3,948 million.

Imports of raw materials for industry and agriculture have reported growth for a second year, according to the Bank of Guatemala (Banguat).

“Ramón Parellada, an analyst at the Center for Economic and Social Studies (CEES) believes that, at that time, the amount of imports was low because prices had fallen.

Panama: Overseas Purchases Grow

August 2011

In the first six months of the year imports grew by 21% compared to the same period in 2010.

Of the total imported goods in the period under review, capital goods and consumer goods were those who experienced the largest increase, with 31% and 22% respectively.

The increase in foreign purchases in the first half of the year, totaling $5,384 million, reflects Panama’s strong economic performance.


Asociación Guatemalteca de Exportadores -AGEXPORT-

The Guatemalan Exporters Association is a private non-profit entity, established in 1982; that represents, promotes and develops non traditional exports of Guatemalan companies.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Guatemala
Phone: (502) 2422-3400

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