FruitTrop Magazine n°239
- Publication date : 5/04/2016
- Price : Free
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The 759 million USD made from banana exports was still less than the turnover from the clothing and sugar sectors (1 326 million and 851 million respectively), but exceeded for the first time in more than twenty years that of coffee (663 million).
This performance illustrates the surge in Guatemalan banana volumes sold on the world market, up from approximately 1.5 million tonnes in the late 2000s to the record level of 2.2 million tonnes in 2015. According to the Ministry of Agriculture, the Guatemalan cultivation area expanded by more than 7 500 ha between 2010 and 2014, in zones where extremely favourable pedoclimatic conditions enable record yields to be achieved. The US market remains practically the sole outlet for Guatemalan banana exports (nearly 90 % in 2015).
Source: Banco del Guatemala
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