Productivity and Added Value for Central America

Agro-export activity in the region will not be able to compete with efficient producers in Asia if they do not generate more added value and industrialize production processes.

Wednesday, June 3, 2015

More productivity is what producers and exporters in the Agricultural Sector in Central America need to achieve if they want the competitiveness of their products to be not only maintained, but increased.

Agricultural production in Nicaragua is one example. "... Of the 16 products that Nicaragua exported to China in 2013, five of these, which contributed to 75 percent of revenues, came from this country in its primary state, according to the study: Latin America and the Caribbean and China, towards a new era of economic cooperation, recently published by the Economic Commission for Latin America and the Caribbean (ECLAC). "

The president of the Association of Producers and Exporters of Nicaragua (APEN), Enrique Zamora, "... sees an urgent need for this sector to promote products with a degree of added value. 'We have several free trade agreements that have not been exploited and are an opportunity to position ourselves in new markets. This is why we also talked with industry and producers in order to get into the topic in depth.'"

In the view of Sonia Somarriba, head of markets and international relations at APEN, "... there are many factors involved, including productivity, innovation, infrastructure, logistics and training of human resources ... He said in an article on 'Added to these are trade facilitation, clear rules, association, access to competitive raw materials in a competitive and permanent manner, the issue of packaging and labeling, on which we depend in the most part, on imports.'"

More on this topic

Labor Productivity: From Guatemala to Panama

August 2016

The annual growth rate of output per worker in Panama has tripled compared to that of Costa Rica after the 2008/09 crisis, Guatemala's grew by just 1%, and other countries maintained similar values to 2004.

From the V Report on the State of the Region 2016:

Costa Rica: Businessmen in Competitiveness Council

September 2014

Starting October the private sector and government will be working together to implement measures to improve the competitiveness and productivity of the economy.

From a statement issued by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

Consultation on Pacific Alliance in Costa Rica

June 2014

In late June the government will review conditions for possible entry to the trading bloc with enterprises from the national productive sector.

In order to clear up any doubts and hear the views of the national productive sector, the Ministry of Foreign Trade will launch a formal consultation on the process of accession to the trade bloc with business associations in the country, especially those in the agricultural and industrial sectors, who have already expressed their concerns on the subject.

Honduras: Credit Stagnant due to Over-Regulation

May 2011

The high reserve requirements and government regulation are preventing the growth of private sector credit.

While the coffers of the banks are filled with notes due to growth in deposits and liquidity in the economy, the country's productive sector can not find adequate financing to boost growth.