Guatemalan Food Exports Grow 29%
In the first three months Guatemalan food exports and nonalcoholic beverages totaled $240.4 million, $54.5 million more than in the same period of 2011.
Wednesday, June 20, 2012
The food sector, which in the past ten years has maintained sustained growth in exports, went from exporting $50 million to $800 million in 2011.
Central America purchased one third of total sales generated by the industry in 2015, which was worth $980 million.
The industry presented a 5-year strategic plan, which aims to increase exports to $3 billion per year.
In the last two years Guatemala has doubled its exports of biscuits, sweets, chewing gum, confectionery, and preparations for soup and drinks going to the Dominican Republic, Cuba, Jamaica and Trinidad and Tobago.
The Costa Rican company increased its sales by 2% compared to 2014, thanks to the dynamism of flavored alcoholic beverages in the US, foods in Guatemala, and beers, wines and spirits in Costa Rica.
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