Exports & imports
in Central America
Thursday, May 24, 2012
In 2011 sales of Salvadoran services abroad totaled $1.1 billion, 10% more than in 2010.
A statement from the Agency for Promotion of Exports and Investments in El Salvador (PROESA) reads:
The Agency for Promotion of Exports and Investments in El Salvador, PROESA, today (Wednesday 24th) held the 1st International Forum on Export of Services in order to raise awareness of global trends, the outlook for the region and the country as well of some of the success stories of exporters of services. The Forum's main purpose was to stimulate more interest by Salvadoran firms to venture into this activity with high growth potential.
Thursday, May 24, 2012
An official delegation are inspecting phytosanitary conditions in the Central American country in order to allow imports of beef, leather and milk powder.
A Statement from the Ministry of Agriculture reads:
Wednesday, May 23, 2012
Logistics is the most attractive of the Panamanian economy to foreign investors. It is followed by banking, hospitality and construction.
In July, some 100 American businessmen will visit Panama to look at potential investment opportunities.
Wednesday, May 23, 2012
With foreign sales in 2011 of $31 million, the sector recorded a growth of 191% compared to 2006 and 93% compared to 2010.
FOB Exports of leather and footwear in 2011 amounted to $31.1 million, an increase of 190.7% ($20.4 million) compared to 2006 and 93.2% ($15 million) compared to 2010. Exports of leather and footwear were 1% of total exports for Nicaragua in 2006 and rose to 1.4% in 2011, reported the official website of El Pueblo Presidente.
Tuesday, May 22, 2012
Detailed compilation of statistics of Costa Rican exports in 2011 has been released.
From the Introduction of Foreign Trade Statistics Costa Rica, 2011, by the Trade Office of Costa Rica:
The paper's main objective is to make a detailed compilation of statistics on Costa Rica’s foreign trade in 2011 with the purpose of analyzing the behavior of Costa Rican exports as well as performance according to the main variables of interest.
Tuesday, May 22, 2012
After three years the United States has again certified Costa Rica as a supplier of shrimp and derivative products.
A statement from the Ministry of Agriculture reads:
The State Department of the United States recently issued authorizing certification to Costa Rica to continue exports of shrimp and shrimp products to the United States, after three years of the market being kept closed to Costa Rican shrimp due to breaches in the use of turtle excluder devices(TEDs) in national vessels.
Tuesday, May 22, 2012
The two countries held a second round of negotiations for a Partial Agreement, reviewing sanitary and phytosanitary measures, dispute settlement and other issues.
Technical teams from Guatemala and Trinidad and Tobago began the second round of negotiations for a Partial Scope Agreement (PSA) on Monday in Guatemala City in an effort to strengthen trade relations.
Tuesday, May 22, 2012
A quintal of fine Costa Rican coffee in is sold with an average premium of $25 over the reference price on the New York Stock Exchange.
For the last twenty years producers have applied a production strategy for high quality grain, which allows them to sell 80% of the domestic production on fine grain markets, said Ronald Peters, Icafe’s executive director.
Monday, May 21, 2012
The boom in beef exports from Nicaragua is being threatened by a price war between producers and exporters.
Slaughterhouses have declared that they are unable to pay higher prices to beef ranchers, who demanded them.
Friday, May 18, 2012
In January 2012 the value of imports brought in Panamanian ports, excluding companies operating from the CFZ, reached $944.5 million, $171.1 million more than in the same period last year.
From a press release from the Ministry of Economy and Finance of Panama:
The value of imports for the month of January 2012, placed in Panamanian ports, excluding companies that operate from the Colon Free Zone, reached B/.944.5 million ($ 944.5 million), which is B /. 171.1 million ($ 171.1 million) or 22.1% more than in the same period last year, according to a study by the Economic and Social Analysis Unit at the Ministry of Economy and Finance (MEF), based on figures from the National Institute of Statistics and Census, the Controller General of the Republic.
Friday, May 18, 2012
Guatemala went from exporting 50,000 screen printed garments to 12 million within 12 years.
Within a month, the textile and clothing sector exports abroad 32 million items, of which 37.5% have graphic prints, said Robert Matheu, president of the Silkscreen Commission from the Clothing and Textiles sector.
Friday, May 18, 2012
Panama's accession will be formalized in late June and will accelerate the elimination of tariffs and facilitate regional trade.
In Costa Rica and other Central American countries there are expectations over Panama's accession to the Central American Economic Integration Secretariat, which will be signed in Tegucigalpa on June 29, and the regional benefits it will bring.
Friday, May 18, 2012
The forthcoming entry into force of the Free Trade Agreement between Canada and Panama will boost a business relationship which in the past two years has already increased by 20%.
Final approval of the FTA in the Canadian parliament is still pending, but a final vote in a chamber dominated by the ruling party is only a matter of time and it is expected that it will take place soon.
Thursday, May 17, 2012
Many Central American exports to the Northern country will be affected by the increased competitiveness of Colombian products.
The entry into force of an FTA between Colombia and the USA brings new challenges to many economic sectors in Costa Rica and other Central American countries who will now competing with Colombian products in the same entering in the duty-free category.
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