Development for Guatemala
Oil palm is the most efficient crop for edible oil production in the world, because it produces more oil per hectare, requiring less soil and space than other oleaginous crops.
As a result of good agricultural practices, the average national yield of raw palm oil is around 6.3 metric tons per hectare, thus exceeding the world average of 4 metric tons per hectare. Good agricultural practices aimed at sustainability improve productivity efficiency per hectare, thus protecting natural resources.

The oil palm sector
represents
1.2
%
of Guatemala’s GDP
The oil palm sector
in Guatemala provides
28
THOUSAND
Direct jobs and supports 140 THOUSAND indirect jobs and beneficiaries.
The oil palm crop represents investments of over
USD
$1,800
MILLION
Oil palm exports amount to over
USD
$400
MILLION per year
80% of the raw palm oil produced is exported. The remaining
20
%
Goes to local consumption to cover existing demand in the country

Financial impact of oil palm in the departments where the crop is grown.


Financial benefits generated by the oil palm crop

Increased investment in Guatemala

Growth of the GDP

Job creation

Development of the quality of life of communities

Reduced food insecurity

Reduced reliance on imports

Reduced reliance on imports

Foreign Exchange generation
More information here