The coffee production in Honduras played a role in the country's history and is important for the Honduran economy. In 2011, the country became Central America's top producer of coffee. [1]
The coffee production in Honduras played a role in the country's history and is important for the Honduran economy. In 2011, the country became Central America's top producer of coffee. [1]
The cultivation of the coffee plant was in its infancy in the Republic of Honduras at the end of the 19th century. While there were numerous coffee plantations at the time, they were small. The soil, climate, and conditions in Honduras are the same as those of Guatemala, Nicaragua, or Costa Rica. The drawback in Honduras was lack of means of transportation and facilities for shipment to the coast. There was practically no exportation of coffee from Honduras, the product was mostly sold domestically. A new plantation of coffee would begin to produce a profit by the end of the fourth year after planting, and after the seventh year a profit of from 100 to 300 per cent on the capital invested could be expected. [2] The production of coffee in 1894 was reckoned at 20,000 quintals, of which only 10 per cent was exported. The exportation was from the southern Pacific port of Amapala and the northern, deep water, Caribbean port of Puerto Cortes. In 1900, Honduras exported 54,510 pesos' worth of coffee. [3]
The economy of El Salvador has experienced relatively low rates of GDP growth, in comparison to other developing countries. Rates have not risen above the low single digits in nearly two decades – part of a broader environment of macroeconomic instability which the integration of the United States dollar has done little to improve. One problem that the Salvadoran economy faces is the inequality in the distribution of income. In 2011, El Salvador had a Gini Coefficient of .485, which although similar to that of the United States, leaves 37.8% of the population below the poverty line, due to lower aggregate income. The richest 10% of the population receives approximately 15 times the income of the poorest 40%.
The economy of Honduras is based mostly on agriculture, which accounts for 14% of its gross domestic product (GDP) in 2013. The country's leading export is coffee (US$340 million), which accounted for 22% of the total Honduran export revenues. Bananas, formerly the country's second-largest export until being virtually wiped out by 1998's Hurricane Mitch, recovered in 2000 to 57% of pre-Mitch levels. Cultivated shrimp is another important export sector. Since the late 1970s, towns in the north began industrial production through maquiladoras, especially in San Pedro Sula and Puerto Cortés.
The economy of Nicaragua is focused primarily on the agricultural sector. Nicaragua itself is the least developed country in Central America, and the second poorest in the Americas by nominal GDP. In recent years, under the administrations of Daniel Ortega, the Nicaraguan economy has expanded somewhat, following the Great Recession, when the country's economy actually contracted by 1.5%, due to decreased export demand in the American and Central American markets, lower commodity prices for key agricultural exports, and low remittance growth. The economy saw 4.5% growth in 2010 thanks to a recovery in export demand and growth in its tourism industry. Nicaragua's economy continues to post growth, with preliminary indicators showing the Nicaraguan economy growing an additional 5% in 2011. Consumer Price inflation have also curtailed since 2008, when Nicaragua's inflation rate hovered at 19.82%. In 2009 and 2010, the country posted lower inflation rates, 3.68% and 5.45%, respectively. Remittances are a major source of income, equivalent to 15% of the country's GDP, which originate primarily from Costa Rica, the United States, and European Union member states. Approximately one million Nicaraguans contribute to the remittance sector of the economy.
Albert Smith Barker was an admiral in the United States Navy who served during the American Civil War and the Spanish–American War.
Nicaragua's economic history has shifted from concentration in gold, beef, and coffee to a mixed economy under the Sandinista government to a International Monetary Fund policy attempt in 1990.
Coffee is a popular beverage and an important commodity. Tens of millions of small producers in developing countries make their living growing coffee. Over 2.25 billion cups of coffee are consumed in the world daily. Over 90 percent of coffee production takes place in developing countries—mainly South America—while consumption happens primarily in industrialized economies. There are 25 million small producers who rely on coffee for a living worldwide. In Brazil, where almost a third of the world's coffee is produced, over five million people are employed in the cultivation and harvesting of over three billion coffee plants; it is a more labour-intensive culture than alternative cultures of the same regions, such as sugar cane or cattle, as its cultivation is not automated, requiring frequent human attention.
Minneapolis is the largest city in the state of Minnesota in the United States, and the county seat of Hennepin County.
In political science, the term banana republic describes a politically unstable country with an economy dependent upon the exportation of a limited-resource product, such as bananas or minerals. In 1904, the American author O. Henry coined the term to describe Honduras and neighbouring countries under economic exploitation by U.S. corporations, such as the United Fruit Company. Typically, a banana republic has a society of extremely stratified social classes, usually a large impoverished working class and a ruling class plutocracy, composed of the business, political, and military elites of that society. The ruling class controls the primary sector of the economy by way of the exploitation of labor; thus, the term banana republic is a pejorative descriptor for a servile oligarchy that abets and supports, for kickbacks, the exploitation of large-scale plantation agriculture, especially banana cultivation.
Honduras and the United States have had formal relations since 1830. There is close cooperation between the two countries, particularly in the areas of the War on Drugs while the National Port Authority in Puerto Cortés is part of the U.S. Bureau of Customs and Border Protection's Container Security Initiative.
Banana production in Honduras plays an important role in the economy of Honduras. In 1992, the revenue generated from banana sales amounted to US$287 million and along with the coffee industry accounted for some 50% of exports. Honduras produced 861,000 tons of bananas in 1999. The two corporations, Chiquita Brands International and the Dole Food Company are responsible for most Honduran banana production and exports.
Coffee production in El Salvador has fueled the Salvadoran economy and shaped its history for more than a century. Rapidly growing in the 19th century, coffee in El Salvador has traditionally provided more than 50% of the country's export revenues, reaching a peak in 1980 with a revenue of more than $615 million. With the political and economic turmoil resulting from a civil war in the 1980s, the coffee industry has struggled to recover entirely, and by 1985 earned around $403 million from coffee. Brazil has been buying to sell the goods of El Salvador.
Foreign trade in India includes all imports and exports to and from India. At the level of Central Government it is administered by the Ministry of Commerce and Industry. Foreign trade accounted for 48.8% of India's GDP in 2018.
Coffee production in Guatemala began to develop in the 1850s. Coffee is an important element of Guatemala's economy.
Coffee production in Nicaragua has been an important part of its history and economy. It is one of the country's principal products. The areas most suitable for the cultivation of coffee have been Managua Department, Diriamba, San Marcos, Jinotepe, as well as the vicinity of Granada Department, Lake Nicaragua, Chontales Department, and in Nueva Segovia; historically, the best coffee is produced in Matagalpa and in Jinotega. Most of the coffee was grown in Managua Department, but Matagalpa Department produced the best bean quality. The most convenient altitude to grow coffee is 800 meters above the sea level.
The agriculture industry in Puerto Rico constitutes about US$808 million or about 0.8% of the island's gross domestic product (GDP). The infrastructure of "traditional" crops is affected, but that is where the widespread use of hydroponic crops is relevant; the main concern with them is actually cost, since indoor structures should be safe from nature. Experts from the University of Puerto Rico argued that these crops could cover approx. 30% of the local demand, particularly that of smaller vegetables such as tomatoes, lettuce, etc. and several kinds of tubers that are currently being imported, opening the door to eventual exportation. The existence of a thriving agricultural economy has been prevented due to a shift in priorities towards industrialization, bureaucratization, mismanagement of terrains, lack of alternative methods and a deficient workforce. Its geographical location within the Caribbean exacerbates these issues, making the scarce existing crops propense to the devastating effects of Atlantic hurricanes.
The production of coffee in Paraguay began in the late 19th century. Plantations were known at that time near Asunción and Limpio.
Coffee production in the Dominican Republic is based mainly in the mountain regions of the country, in the highlands which form at least one-half of the area of Hispaniola. Introduced to the country in 1715, the Dominican Republic bean is larger and thicker than Martinique's. The major coffee variety grown in the country is Arabica. Robusta is also grown but only in about 1.3% of the land area; it is consumed locally.
Coffee production in Martinique dates to 1723 and its establishment is credited to the French naval officer Gabriel de Clieu. It later spread to other places in the Caribbean and South America from Martinique, an overseas region of France.
Coffee production in Guadeloupe, an overseas region of France in the Caribbean Sea, has had commercial importance at various times in its history. The island's coffee heritage is being promoted through ecotourism.
Relations between the Federal Republic of Central America, also known as the Central American Federation, and the United States were formally established in 1824 following the Federation's independence from Spain. Relations lasted until 1841 when the Federation dissolved and relations with the United States continued among the newly independent former member states of Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua.
This article incorporates text from this source, which is in the public domain : United States, Bureau of Foreign Commerce's "United States consular reports: Reports from the consuls of the United States on the commerce, manufactures, etc., of their consular districts" (1894)This article incorporates text from this source, which is in the public domain : Pan American Union's "Coffee: extensive information and statistics" (1902) Coffee production by region | ||
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