The growth of food exports to Venezuela has got Nicaraguan producers excited, yet they are warning against backing this market excessively.
"Between January and May of this year, exports by volume from Nicaragua to Venezuela have grown by 209%, generating an exporter enthusiasm which has convinced all of the productive sectors, especially now that there are plans to halve red bean production over five years in order to plant more black beans", reported Laprensa.com.ni
Five pharmaceutical laboratories set up the Affluentes consortium to export to three countries in the Caribbean Community starting next year.
Affluentes, S.A. de C.V. is comprised of HealthCo, Paill, Gamma, Teramed and Pazepharm Laboratories. Some of these laboratories already export to Central America, USA, Dominican Republic, Panama and Belize but anticipate good business opportunities in the Caribbean and South America.
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