Commodity Prices Benefit Nicaragua
Jun-10-21 | Due to the high demand for commodities, it is estimated that prices in the international market have increased on average between 30% and 40%, a situation that favors Nicaraguan exporters of raw materials.
Bread and Cookies: $460 Million in Business in the Region
Jun-10-21 | In 2020, Central American countries spent $460 million to import bakery, pastry and biscuit products; of the total amount purchased abroad, Guatemalan, Honduran and Panamanian companies represented 62%.
Paint and Varnish Trade Down 10% in 2020
Jun-9-21 | Last year, trade in paints and varnishes between Central American countries amounted to $123 million, which is 10% lower than in 2019, a drop that was reported in the context of the economic crisis resulting from the Covid-19 outbreak.
Costa Rica: Electricity Consumption Increases 5%
Jun-9-21 | Between the period from March to May 2020 and the same period in 2021, electricity consumption increased by 5%, a rise that can be attributed to the increase in exports and tourism activity.
Central American Rice Farmers Fear Bankruptcy
Jun-8-21 | For the Central American Rice Federation, the bankruptcy of more than 62 thousand rice farmers in Central America and the Dominican Republic is imminent, due to the abolition of import tariffs, a measure that is part of the implementation of the DR-CAFTA Free Trade Agreement.
Corn: Purchases up 5% in 2020
Jun-7-21 | During 2020, companies in the region bought corn abroad for $998 million, 5% more than what was reported in 2019, a variation that is explained by the increase in imports from Nicaragua, Guatemala, Honduras, Panama and Costa Rica.
Electric Generators: How did the Market Perform in 2020?
Jun-4-21 | During last year, imports of electric generators increased year-on-year in Nicaragua and Guatemala, and decreased in Costa Rica, Panama, Honduras and El Salvador.
Meat: Tests will NOT be suspended
Jun-4-21 | Despite warnings in Costa Rica that there was a deficit in the budget of Senasa, the institution in charge of applying tests to exported and imported meats, the authorities assure that the execution of these tests will not be interrupted.
Paper and Cardboard: Business with Chile up 5%
Jun-3-21 | During 2020, paper and cardboard imports of Central American companies amounted to $1,931 million, and purchases from Chilean companies increased 5% compared to what was reported in 2019.
Agriculture: Digital Procedures to Export / Import
Jun-3-21 | In order to streamline the processes of import and export of agricultural, livestock and hydrobiological inputs and products, the virtual platform VISAR online was enabled in Guatemala.
Infant Formula: How is the Regional Market Performing?
Jun-2-21 | During 2020, Central American imports of infant formula for infant feeding packaged for retail sale totaled $134 million, an amount that is 9% lower than the amount reported in 2019.
Fertilizers: Regional Purchases Up 4% in 2020
Jun-1-21 | Last year, Central America assigned $784 million to fertilizer imports, 4% more than in 2019, with Nicaragua, Guatemala, Honduras and El Salvador being the markets that accounted for the increase in regional purchases.
Air Conditioning Equipment: $147 Million in Purchases
May-31-21 | In 2020, companies in the region bought abroad air conditioning equipment for $147 million, with Nicaragua being the only Central American market that in year-on-year terms increased its imports.
Concern about Possible Trade Retaliation
May-31-21 | Following Costa Rica's decision to impose requirements on the entry of avocados grown in Honduras, Costa Rican businessmen believe that these unilateral measures could generate trade retaliation for the country.
Furniture: Regional Purchases Improve
May-28-21 | After in May 2020, in the context of the pandemic caused by Covid-19, Central American furniture imports dropped to a historic low of $14 million, in the following months a recovery was evidenced and in December purchases amounted to $29 million.
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