Eta and Iota take a toll on Honduran agricultural exports

Data on Honduran agricultural exports in 2021 show the impact that tropical storms Eta and Iota (which hit the country in November last year) had on the productive activity. As of February 2021, agroexports stood at US$113.2 million; a year-on-year drop of US$69.5 million (38.0%).

Damage caused by Eta and Iota resulted in a US$47.3 million drop in banana exports. Similarly, melon and watermelon exports were reduced by US$16.9 million (35.8%) due to a 43.4% fall in the volume exported as a result of the impact of both storms.

The adverse weather conditions caused the harvest season to start later than in previous years. It also led to a reduction in the amount of orders, especially from the United States, as a result of the winter wave that hit most of that country.

Palm oil will generate more foreign revenue than bananas
Most of the bananas produced in the Honduran departments of Yoro, Colón and Cortés are intended for export, with the United States being the main market for this fruit, accounting for 98.8% of all shipments.

Before the pandemic, bananas were the second most important product in Honduras, after coffee, but this year they will be displaced in the ranking by palm oil.

 

Source: latribuna.hn


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