From January to June 2020, banana exports amounted to 1,403 million, 14% more than what was reported for the same period in 2019, a rise that can be explained by the sales behavior of Honduran, Costa Rican, Panamanian and Guatemalan companies.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
In Costa Rica, the deadline for employers to regularize the immigration status of workers who come to the country to work in agricultural activities was extended until October 22.
The decision was made not to extend the decree that allows employers to regulate the immigration status of workers who come to Costa Rica to work in agricultural activities.
The decree concerned is No. 42406-MAG-MGP and establishes that employers in the agricultural sector may regularize the immigration status of foreigners who entered the country between January 15, 2016 and January 15, 2020.
Although several companies have been affected by the measures implemented by governments in the context of the Covid-19 crisis, Costa Rican exports of coffee, pineapple and bananas have so far not faced difficulties with logistics.
Directors of the Coffee Institute of Costa Rica (Icafé) indicated that so far there have been no problems with the availability of containers and that sales abroad are proceeding normally.
The cultivation, processing and export of coconut and its derivatives, and the transformation of goat activity focused on the manufacture of personal care and health products, are some of the proposals for Costa Rican agriculture to generate greater added value.
A study conducted by FUNDES Strategy identifies new opportunities for Costa Rica's agricultural sector.
From January to September 2019, sales of the agricultural sector abroad totaled $2,080 million, 7% less than in the same period in 2018, mainly because of the performance of banana, pineapple and coffee exports.
Figures from the Foreign Trade Promoter (Procomer) detail that between the first nine months of 2018 and the same period of 2019, exports registered a slight increase, going from $8,490 million to $8,629 million.
Anticipating the effects of climate on crops and mitigating their impact is one of the benefits of using techniques to manage large volumes of information.
The agricultural industry is no stranger to the new reality focused on the analysis of large volumes of information and making business decisions based on data.
Just as in the industrial sector the analysis of large volumes of information can minimize costs and improve the performance of a production process, in agriculture the use of these tools allows, among other things, know exactly when a crop has reached its maximum level of hydration.
Last year, the main regional crop sold abroad was coffee, with $2.671 million, followed by banana, with $2.594 million, pineapple, with $1.097 million and sugar, with $722 million.
Data from the Trade Intelligence Unit at CentralamericaData:
The main coffee export destinations were the U.S., Germany, Belgium, Italy, Japan and Canada, which together represent 70% of the volume exported by the region, equivalent to approximately $2,050 million. [GRAFICA caption="Click to interact with the graphic"]
In the first half of the year, countries in the region exported $51 million in frozen fruit, 11% less than in the same period in 2017.
Figures from the information system on the Frozen Fruit Market in Central America compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
During the first six months of the year, palm oil sales from Central America reached $383 million, and exports to Spain increased 232% with respect to the first half of 2017.
Figures from the information system on the Palm Oil and its Components market in Central America complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Coffee is still the main agricultural product sold abroad, with annual exports of around $3,035 million, followed by bananas, with $2,574 million and sugar, with $1,241 million.
Figures from the interactive platform "Central American Crops Monitoring" compiled by CentralAmericaData's Business Intelligence Unit:
The countries of the region exported fresh and refrigerated vegetables for $59 million from January to March 2018, 25% more than in the same period in 2017.
Figures from the information system Fresh or Chilled Vegetables Market in Central America, compiled by the Trade Intelligence Area at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
An activity that generates nearly $1 billion a year in Costa Rica in exports is being seriously threatened by the infiltration of drug traffickers, who are taking advantage of loopholes left open by the government because it does not have an adequate system for checking containers and registering exporters.
The most recent seizure of 45 kilos of drugs that arrived in the United States in the corrugated bottom of 20 cardboard boxes of pineapples from San Carlos has once again set alarm bells ringing in the export sector, which has ceaselessly demanded that authorities to go back to the "in situ" review system of cargo, which used to be carried out before and stopped during the Solís administration.
During the first three months of the year countries in Central America sold $52 million worth of watermelons abroad, which is 20% more than what was exported in the same period in 2017.
Figures from the information system on the Fresh Watermelon Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with graph"]
Between February 2016 and March 2018, the average price of palm oil exports from Central America registered an increase of 20%.
Figures from the information system on the Palm Oil Market and its Fractions in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]