According to data from Sieca, the Central American Economic Integration Secretary, intra-regional trade summed $9.63 billion between January and September 2008.
"Luis Godoy, executive director of the Guatemalan Exporters Association, attributed the reduction to the U.S. recession, a drop in remittances, and fewer construction projects in the region", reports Prensalibre.com. "Another negative factor was the Honduran political crisis".
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$900 million have been traded within Central America in the first half of this year, $261 million less than the same period of 2008.
The most affected sectors are construction, raw materials (chemical products), and industry (glass, plastics and metals), reported Luis Godoy, director of Agexport, the Guatemalan exporters association.
After a 18.4% fall in 2009, 2010 closed with an 8.6% increase.
According to information from the Central American Economic Integration Department (SIEC), 2008 figures show a total of $ 6,412 million in 2009, down from the 18.4% closing at $ 5,274 million.
"...commercial integration between the CA countries could be considered the most advanced of all projects of the Central American integration framework," Sigloxxi.com reported.
For the first half of the year, regional exports dropped 13.5% while imports diminished 28.9%.
From January to June 2009, the region exported $1.54 billion, 13.5% less than the same period of 2008, and it imported $6.84 billion, 28.9% less than in 2008.
While trade between countries of the region didn't drop, it slowed down, going from growth rates of 25.2% to 16%.
Trade between Central American countries decreased 17% in the first third of 2009, when compared to the same period of 2008.
According to data from the Central American Economic Integration Secretary, exports between the countries of the region reached $1.74 billion, $356 million less than the first third of 2008 ($2.1 billion).