Guatemalan Plastic Exports Increase 25%
In the first five months of the year $76 million worth of plastics were exported compared to $60.8 million in the same period of 2009.
Monday, July 26, 2010
The volume of plastics exported also increased, up 9%, commented Fernando López, president of the Guatemalan plastics association (Coguaplast).
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Between 2009 and 2012 exports of Salvadoran plastic products grew by 60%, reaching $105 million, with the main buyer being Guatemala.
The Guatemalan plastics industry exported 110,485 metric tons in 2011, while in 2010 only 88,906 metric tons were sold abroad.
Foreign sales of Honduran plastic products totaled $241.8 million dollars in 2011, 14% more than in 2010, when the total was $211.2 million.
Although the country does lack the basic raw material -oil-, El Salvador is the second largest supplier of plastic products in Central America, after the U.S.
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