Guatemalan First Quarter Sales Increase

2011-05-27

By the end of March 2011, Guatemala overseas sales increased by 28.6%, while imports increased by 25.9%, respectively, compared to the first quarter in 2010. The Guatemalan Central Bank indicated, that from January through March of 2011, export foreign exchange earnings reached US$2,771,600,000, an earnings increase of US$616,100,000 more than January through March of 2010, which means an increase of 28.5%. The total export foreign exchange from January through March of 2010 was US$2,155,500,000. The international sales were US$241,700,000, an increase of 33.9%. The major sales products are sugar, bananas, nutmeg, oil and coffee.