Guatemalan Exports to Europe Fall by 8%

Due to the European crisis, during the first five months of the year Guatemalan exports to the old continent have dropped by about $28 million, which is 8.1%.

Thursday, August 9, 2012

During the first five months of 2012 total sales to European countries summed $316.9 million, 8.1% lower than the $344.9 million for the same period in 2011, according to statistics from the Bank of Guatemala (Banguat).

"The most affected markets for Guatemalan products are: Italy, which has reduced purchases from the country by $14.6 million (-23.3 percent) compared to the first 5 months of 2011, followed by Spain, with a decline in shipments of $13.8 million (-33.8 percent), Belgium, with a reduction of $11.1 million (-22.6 percent), Germany, with a reduction of $9.6 million (-13.2 percent) and Finland, with a reduction in Guatemala purchases of $4 million (-51.9 percent)", writes Alexis Batres for Elperiodico.com.gt.

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Good Year for Ornamental Plants in Guatemala

January 2013

Foreign sales of flowers, foliage and ornamental plants increased by 8% in 2012, totaling $81 million, which is $8 million more than last year.

The sector projected for this year an increase of 6.2% in exports. "Businessmen and producers see that it is necessary to promote growth of the sector and view the crisis in European countries as an opportunity", said Brigitte Obrock, coordinator of the commission of Ornamental Foliage and flowers at Agexport.

Intra-Regional Trade Down 16.8%

December 2009

From January up to September, trade between Central American countries summed $8.01 billion, 16.8% less than the same period of 2008.

According to data from Sieca, the Central American Economic Integration Secretary, intra-regional trade summed $9.63 billion between January and September 2008.

Business opportunities for SMEs in Italy

February 2012

The website "Made in Guatemala" has been created for Guatemalan SMEs to sell their products in Italy.

The Italian Chamber of Commerce and Industry and the Guatemalan Exporters Association have joined forces and launched the website "Made in Guatemala" on which Guatemalan SMEs may sell their products to Europe, mainly in Italy.

Guatemala Exports $6.2 million in Ornamentals

April 2013

In the month of January, the sector of ornamental plants, foliage and flowers generated $6.2 million in foreign exchange, which is an increase of 6.9% compared to the same period in 2012, when they totaled $5.8 million.

According to data from the Bank of Guatemala (Banguat), this segment makes up one of the top 25 export products, and is recovering after the economic crisis of 2009.

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