Exports & imports
in Central America
Tuesday, February 7, 2012
Technical teams from Costa Rica and Canada will start the second round of negotiations this week in order to upgrade the FTA which has been in place since 2002.
Costa Rica hopes to negotiate an agreement to allow non-discriminatory access to the Canadian market to Costa Rican service providers. It also seeks the elimination of tariffs on digital products transmitted electronically.
Tuesday, February 7, 2012
Farmers are optimistic and estimate that in 2012, growth in the sector, which is Nicaragua’s main export, will be at least 8%.
Farmers are optimistic and estimate that in 2012, growth in the sector, which is Nicaragua’s main export, will be at least 8%.
Tuesday, February 7, 2012
The region will hold the first round of negotiations with the European Free Trade Association (EFTA).
The round of negotiations will take place between February 27th and March 1st.
Efta members are Switzerland, Iceland, Liechtenstein and Norway, all countries outside the European Union.
Tuesday, February 7, 2012
The new government authorities want to emphasize improving competitiveness and investment attraction.
More competitiveness and attracting foreign investment. Those are the two axes of a renewed foreign trade policy announced by the National Council for Promotion of Exports (CONAPEX) in Guatemala.
Monday, February 6, 2012
Despite tariff removals and opening up of markets provisioned by the FTA, which has been in force since 2004, trade between both countries is low.
During the first half of 2011, $16.2 million worth of Panamanian products were exported to Taiwan (merchandise placed in port FOB) and $21.7 million (cost, insurance and freight or CIF) of goods were imported from the Asian country according to the latest figures from the Controller's Office.
Monday, February 6, 2012
Grain producers in El Salvador warn that the harvest will be 1.1 million quintals less this year due to a range of negative factors.
Coffee entrepreneurs in El Salvador fear that in 2012, losses from a possible reduction of the crop will reach $200 million.
Monday, February 6, 2012
The assembly company Daewoo produces units which are sold in the Dominican Republic and put together to be sent to Panama.
The assembly plant in Costa Rica is preparing six units which will soon be sold to clients in the Domincan Republic, as part of their regional expansion plans, revealed its president Max Anderson.
The company also has plans to sell units to Panama. This will be made possible thanks to the plant having undergone a process of modernization which has given it the capacity to produce between 300 and 500 units per year, reported ElFinancierocr.com.
Friday, February 3, 2012
This year the Center for Exports (Cetrex) projects an amount of exports ranging between $2.6 and $2.7 billion.
In the first month, January, alone exports totaled $2.24 billion, 17.4% higher than in the same period in 2011.
"Jorge Molina, executive director of Cetrex noted that this will be a 'good year', as there is projected growth in the sale of sugar and beans, two products that provide high-volume exports.
Friday, February 3, 2012
The business sector reported sales of $80 million in 2011, mainly of furniture.
Businessmen dealing in wood and furniture at the Guatemalan Association of Exporters (Agexport) reported sales of $80.46 million in 2011.
The figure represents 16.35% more than in 2010, when sales totaled $69.15 million reported PrensaLibre.com.
Thursday, February 2, 2012
Although a WTO ruling said that the taxes and polypropylene bags and tubular fabric from Central America violate their rules, they will not be removed until April 2012.
The Dominican Republic has announced that it will keep the tariffs on tubular fabric and polypropylene products from Central America in place until April, even though the World Trade Organization (WTO) considers that they have violated international trade rules, according to the AP as reported by the online edition La Prensa Grafica.
Wednesday, February 1, 2012
Government representatives have expressed their interest in continuing negotiations for a trade agreement with Aruba this year.
Deputy Minister of International Trade Negotiations, Diana Salazar, spoke about a second round of talks with Aruba and the start of talks with Barbados.
Wednesday, February 1, 2012
The report argues that tariffs on Central American imports imposed by the Dominican Central on tubular fabric and polypropylene bags, of up to 38%, are in violation of its rules.
The Central American tariffs on imports of tubular fabric and polypropylene bags, imposed by the Dominican Republic, are in violation of the rules of the World Trade Organization (WTO), said a report by the agency.
Wednesday, February 1, 2012
The controversy over a shipment of rice which arrived in Honduras has forced president Lobo to demand more transparent rules on grain imports.
President Porfirio Lobo has demanded that his cabinet prepare a new regulatory framework for grain imports in the future, LaPrensa.hn reported.
Tuesday, January 31, 2012
Producers are complaining about the government’s unfulfilled promises to place their crops in the market, and demanding an end to rice imports.
Producers in the Guanacaste area are protesting again, demanding that the government respects a promise agreed last November, which, according to the rice growers, would resolve the placement of more than five thousand tons of rice which has been stored in dry silos, both public and private, since September 2011.
Tuesday, January 31, 2012
Beef exports totaled $30 million in 2011, four times last year's exports.
Honduran meat exports quadrupled last year, reported authorities of the National Agricultural Health Service, SENASA.
2011 closed recording meat exports worth $30 million, compared to 2010 when they only reached $7.8 million, according to figures from SENASA.
"These figures indicate that livestock is on the rise again, and there are other incentives such as the price of milk which reported sustainability, because the prices in winter stayed at 5.50 lempiras per liter ($ 0.29), while in summer, they were 8.50 lempiras ($ 0.44 per liter), motivating farmers", said Heriberto Amador, director of Senasa, in an article in LaPrensa.hn.
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