Guatemala: COVID-19 Impact on Guatemalan Agriculture

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Guatemala: COVID-19 Impact on Guatemalan Agriculture

Guatemala’s GDP growth is expected to slow as a result of COVID-19. The agricultural sector’s participation in the national GDP is expected to drop from 13.5 to 9.7%. From January to May 2020, some of the traditional exports (bananas, sugar, and cardamom) have seen relative growth, while exports of rubber and sugar molasses, as well as fruits and vegetables have decreased. The agricultural sector is forecast to recover to 6% growth by the first quarter of CY2021.

Guatemala: COVID-19 Impact on Guatemalan Agriculture

COVID-19, Exporting
Western Hemisphere, Guatemala

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