Last year, Central America assigned $784 million to fertilizer imports, 4% more than in 2019, with Nicaragua, Guatemala, Honduras and El Salvador being the markets that accounted for the increase in regional purchases.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="fertilizer"].
Through information solutions based on the use of satellite photos, the application of classification models and the implementation of machine learning algorithms, it is possible to optimize the management of large plantations and minimize the risks faced by crops that affect profitability per hectare planted.
The growing availability of data that exists today is leading companies to seek new ways and tools to take advantage of this huge wave of information that is being generated in different business sectors.
In recent years, regional avocado exports have gained importance, as in 2018 they amounted to $2.8 million, in 2019 they climbed to $10.9 million and in 2020 they rose to $11.9 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
Betting on the latest technology projects, agriculture 4.0 and seeking alternative products derived from sugarcane so as not to depend on international prices, are some of the lines of action on which the Guatemalan sugar sector will focus in the coming years.
Although sugar prices in the international market have improved between October 2020 and April 2021, in previous years there was a downward trend that pressured mills to explore new market opportunities for sugarcane-derived products.
From January to September 2020 exports from Central America of palm oil and its fractions totaled $648 million, an amount that exceeds by 12% what was reported in the same period of 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
From January to September 2020, companies in the region bought corn abroad for $753 million, 10% more than what was reported in the same period of 2019, a variation that is explained by the rise in imports from Nicaragua, Guatemala, Honduras and Panama.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
From January to September 2020, Central American vegetable exports totaled $229 million, 44% more than what was reported in the same period of 2019, an increase that is largely explained by the behavior of sales to U.S. companies.
Figures from the Trade Intelligence unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
From January to June 2020, Central American vegetable exports totaled $168 million, and sales to U.S. companies grew by 67% when compared to exports in the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
During the first seven months of 2020, exports of palm oil and its derivatives from Central America to Mexican companies totaled $138 million, 22% more than the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
From January to March 2020, Central American vegetable exports totaled $99 million, 77% more than what was reported for the same period in 2019, a rise that is explained by the increase in the average price and the sales behavior of Guatemalan companies.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
From January to November 2019, companies in the countries of the region imported $35 million in fertilizers from Mexico, and 83% were bought by Guatemalan companies.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
In the first six months of 2019, Central American countries exported pineapple for $525 million, and sales to companies in the United Kingdom grew by 5% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
During the first half of 2019, exports from Central America of palm oil and its fractions reached $333 million, and sales to companies in Spain increased by 93% compared to the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
From January to June 2019 Central American exports of vegetables totaled $105 million, 5% more than what was reported in the same period in 2018, a rise explained by the behavior of sales to companies in the United States.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]