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.



Market Intelligence

Everything about exports and imports in Guatemala.

Top companies - Quantities, amounts and prices.

more info

More on this topic

Guatemala: Exports to Major Markets Fall

March 2009

Exports to the US, Central America and Europe fell by 1.3%, 7.2% and 51.8% respectively.

Statistics from the Bank of Guatemala reflect the numbers for January 2009 when compared to January 2008.

Some of the sectors most affected were coffee and petroleum, with drops of 18.8% and 65%, and the textile industry, whose exports to the U.S. decreased by 29.2%.

Guatemalan Coffee Exports to Europe Up 42%

January 2010

Coffee exports from Guatemala to Europe increased 42% in the first three months of the current harvest.

Buyers were driven to buy the Guatemalan grain as a quality alternative to Colombia's arabica beans. The South American country is expected to have its worst harvest in 35 years, due to bad weather and a tree replacement program.

European Crisis Affects Melon Exports

August 2012

The financial crisis affecting Europe has resulted in low prices for melons and watermelons.

So says Alexis Bravo, president of the Nontraditional Agribusiness Group in Panama (Grantap), at the end of the XX International Congress of Producers and Exporters of Melons and Watermelons, held in Panama.

Improvement in the Organic Market in Europe

September 2012

Suppliers of organic products reported a rise in sales and improved market conditions.

A statement from the Costa Rican Trade Promotion Office (PROCOMER) reads:

Sales of organic products in Europe Recover

According to Organic Monitor many suppliers of organic products have reported a rise in sales and improved market conditions, however, this situation is not shared by all European countries.

 close (x)

Receive more news about Exports & imports

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Good prices electrical & Electronics products supplies

12 years experience in export high-low voltage electrical& Electronics products to Central & South american market
OUR STORY Xiamen Mutual Prosperity Electrical...

Stock Indexes

(Jun 28)
Dow Jones
1.57%
S&P 500
1.78%
Nasdaq
2.12%

Commodities

(Jun 29)
Brent Crude Oil
49.49
Coffee "C"
140.6
Gold
1,321
Silver
18.070