Guatemala: Agritrade highlights efforts to grow fruit exports

Fruits

Guatemala

Market & Price Trends

Published Mar 18, 2024

Tridge summary

Guatemala's largest agricultural industry event, Agritrade, recently took place with projections of a significant increase in the country's exports in the upcoming years. The country, known for exporting tropical fruits and vegetables, plans to double its agricultural exports from $4.4 billion in 2023 to over $8 billion by 2030. This anticipated growth is expected to be fueled by both existing products and new ones like avocados, which are predicted to soon enter the US market.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Agritrade, Guatemala's largest agricultural industry event, opened last week in Antigua, amid expectations that the Central American country's exports will grow significantly in the coming years. The three-day event welcomed some 3,500 people from 18 countries. Guatemala is a major exporter of tropical vegetables and fruits such as bananas, mangoes, melons and pineapples. It is also an emerging exporter of avocados, and access for this product to the US market is expected to end in the coming months. The country's agricultural exports reached US$4.4 billion in 2023, according to the Guatemalan Ministry of Agriculture. Luis Teo of Agritrade - Photo: Ed Vernon The goal for Guatemala is to roughly double that figure to more than $8 billion by 2030, said Luis Teo, president of the Agritrade organizing committee and commercial manager of exporter Frutesa. “That is an effort that we are making from the Association of Exporters of Guatemala (AGEXPORT) under the 'Agroimpact' initiative," ...

Source: MXfruit