LatinNews Daily - 15 September 2021

* Guatemala’s central bank (Banguat) has released new figures which show that the country’s exports in the first seven months of 2021 amounted to US$7.76bn, up 20.8% on the same period in 2020. Meanwhile imports totalled US$14.3bn, up 41.1% on the same period in 2020. The Banguat report attributes the rise in imports to increases in purchases of primary materials and intermediary products for industry which rose US$986.5m (up 29.7%); and fuel and lubricants (which rose by US$925.1m, up 77.5%). According to Banguat the most important exports were: clothing (US$869.5m); coffee (US$677.1m); and bananas (U$464.6m). The main export markets were: Central America (US$2.47bn); the US (US$2.44bn); Europe (US$710.8m); and Mexico (US$326.1m). Meanwhile the US accounted for US$5bn of (35.2%) of imports followed by mainland China (US$1.97bn, 13.8%) and Central America (US$1.69bn, 11.8%).

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