Guatemala: Cut flower exports steadily recovering from crisis
Over the course of January of this year – the last month for which trade figures are available – the country’s export of ornamental plants, foliage and flowers generated $6.2 million in foreign exchange. Compared to January of 2011, when they totalled $5.8 million, that signifies an increase of 6.9%.
The sector was responsible for a turnover of 81 million US in 2012, which was about 8 million more than in 2011. Growth over the course of 2011 was similarly strong. The main export market for the country’s cut flowers is the US, but Holland, Germany and, to a lesser extent, Japan and certain Middle Eastern and Southeast Asian countries also import Guatemalan blooms.
Data from the Bank of Guatemala shows that ornamentals are among the country’s top-25 export products, although the product category is nonetheless responsible for only about 0.71% of total Guatemalan export revenue.
Source: Central America Data
