A mid-term perspective on agricultural diversification in Guyana

dc.coverageGuyana
dc.creatorFAO
dc.date2023-04-27T13:56:21Z
dc.date2023-04-27T13:56:21Z
dc.date2022
dc.date2022-08-05T13:04:56.0000000Z
dc.date.accessioned2026-06-27T20:35:06Z
dc.descriptionGuyana’s agrifood systems are facing an increasing level of risk: rising sea-levels are eroding its coastal area, where much of the agricultural activity is located; recent off-shore oil discoveries threaten to crowd-out non-oil sectors; and a dependency on a limited number of agricultural export commodities exposes the agricultural sector to price and market volatility. The diversification of agricultural production and exports has the potential to generate growth and increase the resilience of the agricultural sector. This policy brief summarizes the main findings of the paper on "Diversification Perspectives of Guyana's Agrifood Sector". The objective is to identify a set of commodities with high export potential, which is in relative proximity to the current agrifood export basket. We find oil seeds, bovine meat, sunflower seed oil, fish flours (for animal feed), palm oil, fowl, cocoa beans, cocoa paste and sunflower seeds to be commodities with high export potential. These commodities share characteristics with the current agrifood export basket. This implies that expanding the exports of these goods will not be costly and is likely to promote economic development, agricultural sector growth and reduce risks associated with market concentration.
dc.format2p.
dc.formatapplication/pdf
dc.identifier2520-6540
dc.identifier978-92-5-136725-4
dc.identifier2520-6532
dc.identifierhttps://openknowledge.fao.org/handle/20.500.14283/CC1329EN
dc.identifierhttp://www.fao.org/3/cc1329en/cc1329en.pdf
dc.identifier.urihttp://hdl.handle.net/123456789/198528
dc.languageEnglish
dc.publisherFAO ;
dc.relationFAO Agricultural Development Economics Policy Brief
dc.relation50
dc.rightsFAO
dc.titleA mid-term perspective on agricultural diversification in Guyana
dc.typePolicy brief

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