Restrictions Repealed on Export of Plastics
Governmental Agreement number 333-2011 of December 2011, which set annual quotas for the export of waste, parings and scrap plastic, has been repealed.
Tuesday, April 3, 2012
The regulation establishing annual fees implemented by the previous government was rejected by small business owners and recyclers.
The main destinations for recycled plastic materials were El Salvador, with 22% of the total, Honduras, with 15%, China 9%, Costa Rica, 8%, the US, 7.5%, Mexico, 7%, and rest of Asia and Europe.
In the first two months of the year sales of plastic products abroad increased by 8% compared to the same period in 2013.
The Guatemalan plastics industry exported 110,485 metric tons in 2011, while in 2010 only 88,906 metric tons were sold abroad.
Between 2009 and 2012 exports of Salvadoran plastic products grew by 60%, reaching $105 million, with the main buyer being Guatemala.
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