Honduras african palm exports for the present year are about 400 million US dollars, according to the representatives of the Honduras Agro-Industrial Guild.
Almost all of the production of the palm oil obtained in Honduras is concentrated around communities scattered along the Atlantic Coast of the country.
The president of the guild, Hector Castro, estimated the generation of foreign exchange for Honduras will be higher than they expected at the beginning of this year. He also said that this represents significant opportunities for sustained economic growth in the field of agriculture and income generation for domestic producers.
Producers now want to benefit from the technical and scientific knowledge generated in Columbia, which is the largest palm oil producer on the American continent, for they have found an efficient way to use biofuels in agriculture.
The Honduras african palm production has been growing at a rate of 12% nationally and at 18% in the Sula Valley.