{"id":5794,"date":"2024-06-18T15:20:25","date_gmt":"2024-06-18T15:20:25","guid":{"rendered":"https:\/\/latamreports.com\/es\/?p=5794"},"modified":"2024-06-18T15:20:26","modified_gmt":"2024-06-18T15:20:26","slug":"central-americas-top-10-exports","status":"publish","type":"post","link":"https:\/\/latamreports.com\/es\/central-americas-top-10-exports\/","title":{"rendered":"Central America\u2019s top 10 exports"},"content":{"rendered":"\n<p><strong>Central America<\/strong> is the fifth largest economy in Latin America and the Caribbean, according to World Bank data as of 2023.<\/p>\n\n\n\n<p>The figures for its trade show that <strong>this subregion exported goods totalling $46,583.6 million during 2022,<\/strong> according <strong>to<\/strong> the latest report on the current state of Central American integration, prepared by the Secretariat for Central American Economic Integration (SIECA).<\/p>\n\n\n\n<p>Of the total goods exported, $13,759.5 million (29.5%) correspond to trade with the same Central American subregion; while the rest, $32,824.1 million (70.5%), correspond to extraregional sales, as broken down by the published report.<\/p>\n\n\n\n<p><strong>High sales<\/strong><\/p>\n\n\n\n<p>As far as exports of goods are concerned, there are 10 star products:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>coffee<\/li>\n\n\n\n<li>bananas<\/li>\n\n\n\n<li>copper minerals<\/li>\n\n\n\n<li>palm oil<\/li>\n\n\n\n<li>sugar<\/li>\n\n\n\n<li>pineapples<\/li>\n\n\n\n<li>avocados<\/li>\n\n\n\n<li>mangoes<\/li>\n\n\n\n<li>guava and mangostanes<\/li>\n\n\n\n<li>raw gold<\/li>\n<\/ul>\n\n\n\n<p><strong>Costa Rica is an undisputed leader in the export of three of these 10 products:<\/strong> it is the country that exports 100% of the medical instruments, it also exports 100% of orthopedic products and 93% of pineapple and other tropical fruits.<\/p>\n\n\n\n<p>In 2022, <strong>Costa Rica was the main exporter of the subregion with sales of $13,143.7 million.<\/strong><\/p>\n\n\n\n<p>Coffee is exported by all Central American countries, but the largest participation is made by Honduras with 37%, Guatemala follows with 29% of the cake, then there is Nicaragua with 19%, Costa Rica contributes 10% and El Salvador only 5%. The main exporters of bananas and bananas are three: Guatemala with 37%, followed by Costa Rica with 36% of sales and Honduras with 22%.<\/p>\n\n\n\n<p>Panama has 100 per cent of the exports of copper and concentrate minerals; 87 per cent of the gold exported by the isthmus comes from Nicaragua.<\/p>\n\n\n\n<p>Sugar exports are led by Guatemala with 57% of sales; second is El Salvador with 16%, Nicaragua has a 12% stake and Costa Rica 8%, Honduras occupies last place with 5%.<\/p>\n\n\n\n<p>Guatemala is also the largest exporter of palm oil with 50% of the total, Honduras is the second exporter with 32% and Costa Rica is the third with 14%.<\/p>\n\n\n\n<p>The <strong>SIECA<\/strong> report highlights the United States as the main trading partner in Central America, as the country receives 32.1% of its exports; then trade with itself as a bloc is extremely relevant, accounting for 29.5% of the total.<\/p>\n\n\n\n<p>The third trading partner is the European Union, an economic bloc that receives 14.4% of Central American goods; China has 3.8%; and Mexico has 3%.<\/p>\n\n\n\n<p>Among other data, Central America stands out as the <strong>world&#8217;s<\/strong> largest exporter of pineapple, the <strong>world&#8217;s<\/strong> second largest exporter of bananas, the third largest exporter of coffee and fourth exporter of sugar globally.It is also the largest exporter of cardamom in the world, according to the <strong>SIECA<\/strong> report<strong>.<\/strong><\/p>\n\n\n\n<p><strong>Services<\/strong><\/p>\n\n\n\n<p>The <strong>SIECA<\/strong> report also reveals that in 2022 Central America exported $38,734.3 million in services. By adding this paragraph, total exports from the subregion reached $85,317.9 million in 2022.<\/p>\n\n\n\n<p>Meanwhile, Central America imported goods in the amount of $104.560.1 million and services totalling $23,471.9 million, giving a total amount of $128,032 million in purchases.<br>With the latter results, the balance of the trade balance is negative for the isthmus: $85,317.9 million in exports of goods and services versus $128,032 million in imports of goods and services.<\/p>\n\n\n\n<p>Central America imports petroleum products, petroleum gas, medicines, cars, corn, cell phones, among others.<\/p>\n\n\n\n<p>The places of which matters are: the United States (32.5%), China (15.1%), Central America (12.7%), Mexico (7.5%) and the European Union (7.3%).<\/p>\n\n\n\n<p>For the second consecutive year, after the covid pandemic, Central American trade reflects positive performance, despite the disruptions caused by inflation in the major world economies, the Russia-Ukraine conflict and international geopolitical tensions, said Francisco Lima Mena, Secretary General of SIECA, in the presentation of the report, referring to the results of 2022.<\/p>\n\n\n\n<p>&#8220;We hope that this information will contribute to the knowledge of Central America as a region of opportunity,&#8221; the official said.<\/p>\n\n\n\n<p><strong><em>This article has been translated after first appearing in <\/em><\/strong><a href=\"https:\/\/www.laprensagrafica.com\/economia\/Los-10-productos-que-mas-exporta-Centroamerica-20240614-0085.html\"><strong><em>La Prensa Grafica<\/em><\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central America is the fifth largest economy in Latin America and the Caribbean, according to World Bank data as of 2023. The figures for its &#8230; <a title=\"Central America\u2019s top 10 exports\" class=\"read-more\" href=\"https:\/\/latamreports.com\/es\/central-americas-top-10-exports\/\" aria-label=\"Read more about Central America\u2019s top 10 exports\">Read more<\/a><\/p>\n","protected":false},"author":7,"featured_media":5782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22],"class_list":["post-5794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-negocios","tag-latam","resize-featured-image"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Central America\u2019s top 10 exports - LatAm Reports<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latamreports.com\/es\/central-americas-top-10-exports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central America\u2019s top 10 exports - LatAm Reports\" \/>\n<meta property=\"og:description\" content=\"Central America is the fifth largest economy in Latin America and the Caribbean, according to World Bank data as of 2023. 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