Browse Data and Analysis

Guatemala’s coffee planted area remains steady at 305,000 (hectares) Ha but may shrink slightly in the middle term as other more profitable crops are starting to substitute some coffee areas.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

Spring planting in Bosnia and Herzegovina (BiH), which usually takes place in April, is expected to be less costly this year as diesel and fertilizer prices decreased slightly since last year. Corn in marketing year (MY) 2023/2024 is expected to be planted on 202,000 hectares (HA) with anticipated production of 900,000 metric tons (MT).

In marketing year (MY)2023/2024, Guatemala is forecast to produce 2.6 million metric tons of sugar from sugarcane from a harvested area of 251,000 hectares.

Corn production in 2023/2024 is forecast to increase slightly, despite a reduction in planted area, as commercial farmers look positively at 2023 average record prices of $625/metric ton (MT) at the wholesale markets.

Bosnia and Herzegovina’s (BiH) 2022 dairy imports totaled $123.3 million, with a trade deficit of $61 million. The domestic dairy industry produces mainly high-volume, fast-turnover products like fluid milk, yogurt, and fresh/cottage cheese.

The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR)[1] region and Panama combine to represent the seventh-largest market for U.S consumer-oriented products, totaling $3.7 billion in 2022.

The Guatemalan economy relies on foreign exchange generated by remittances, international trade, and the tourism sector. Guatemala represents a growing market for U.S. companies and is a country with relative economic stability. U.S. exports of agricultural products to Guatemala in 2021 increased 28 percent from year 2020, reaching $1.6 billion.

Bosnia and Herzegovina (BiH) import approximately two-thirds of its overall food needs and have a large foreign trade deficit. The market for processed foods is determined based upon price rather than quality, as consumers seek to extend their buying power.

Guatemala adopted science-based regulations for the adoption of agricultural biotechnology in 2018. These regulations were immediately challenged by activists but in 2021 the Supreme Court and Constitutional Court reaffirmed the legality of the regulatory process, paving the way for the approvals of the first applications in April 2021.

Bosnia and Herzegovina (BiH) allows permitted import of genetically engineered (GE) products based on the 2009 “Law on Genetically Modified Organisms” (“GMOs”) and its pertaining bylaws. To date, the first and only GE product approved for import is GE soybean meal for feed. BiH’s anti-GE border practices, which include random testing, can occasionally influence commercial imports of grains.

In June 2022 the Government of Guatemala confirmed that poultry products exported to Guatemala no longer need the USDA export mark on every box, and instead USDA can apply the mark on every consignment, pallet, or transportation unit. This has resulted in more efficient export clearance times with reduced labor, dock space and loading time which ultimately translates into better poultry prices for consumers.