Honduras: More Meat Bought Than Sold

Businessmen of the sector estimate that annually they export near $9 million in bovine meat, below the $10 million reported in imports.

Wednesday, June 19, 2019

For the National Federation of Farmers and Cattlemen of Honduras (Fenagh) it is contradictory that the trade balance is unfavorable, since the annual production of meat is 60 thousand tons, and in spite of having surpluses it is resorted to the import.

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Anabel Gallardo, president of Fenagh, explained to Laprensa.hn that "... an average of 1,500 metric tons of beef are exported annually in Honduras, which generates around 9 million dollars in income."

The article adds that "... among the productive sectors that are not mainly exporters, it is common practice to first supply the domestic market, and then proceed to place the surplus production abroad, but this does not seem to be the case in the livestock sector."

According to reports from CentralAmericaData, in the first nine months of 2018 the main exporter of beef in the region continued to be Nicaragua, with $364 million, followed by Costa Rica, with $47 million, Panama, with $15 million, Honduras, with $11 million and Guatemala, with $5 million. El Salvador did not record significant exports.

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