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Guatemala and Dominican trade grows ten-fold

Wednesday, October 15, 2014


 

Guatemala and Dominican Republic's free trade agreement has allowed both countries' bilateral trade grow ten-fold since it came into effect 13 years ago.

Bilateral trade between both countries totaled $27.9 million in 2001, while in 2013, the number jumped to $253 million, the Guatemalan Economy Ministry said.

Guatemala's main exports are detergents, medicines, perfumes, plastics and manufactured goods, while the Dominican Republic exports fuels, cement, cereal-based products, milk and dairy.

Full story (in Spanish)