The Guatemalan Association of Exporters (Agexport) announced that by 2012 it expects to have reached a total of U.S. $13 billion in exported goods and services, about $2.6 billion more than in 2011, announced Francisco Menendez, the organization's president.
In order to reach this goal, the agency will boost the search for opportunities in Asian markets, reports Prensalibre.com.
To promote trade, Agexport will hold six national conventions with international participation; events that will strengthen the promotion of regional export supply and integrate them into the plan of visits to Panama and Colombia, adding to those already incorporated last year, such as Merida, Cancun , San Salvador, San Pedro Sula and San Jose.
Guatemala exports to South Korea and China have increased by 185% and 382%, respectively.
Details from the Guatemalan Association of Exporters (Agexport) show that South Korea and China are the two Asian countries with the most products sales from the Central American nation, with honey, sugar and shrimp being the main exports.
Sugar, coffee, fishmeal, plastics and paper products are the best selling products to the Asian island.
According to the Taiwanese Embassy in El Salvador during the first 11 months of 2013, exports from the Central American nation to Asian countries grew by 576 %. Among the products that are exported to Taiwan are sugar, coffee, fish meal, paper, cardboard, plastics.
The volume purchased by China in the recent harvest is equivalent to that acquired between 2005 and 2011.
In the 2012-13 harvest, three Asian countries purchased 673,843 metric tons (MT) of sugar, equivalent to 35% of the country's total export crop. China bought 341,218 MT giving it h a 20% share, which is equivalent to the amount it acquired from 2005 to 2011, which was 311,073 MT.
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