Nicaraguan Exports Grow 46%

The country's principal markets are South Korea, Japan, the Republic of China Taiwan with which it has had free trade agreement (FTA) since 2008

Wednesday, April 13, 2011

In the first three months of 2011 exports totaled $46.7 million, 46% more than in the same period of 2010.

Supported by the FTA, Nicaragua has sold Asian markets a total of $12 million worth of products in the first quarter of 2011, according to a report by the country's Center for Export Prodedures (Cetrex).

"Last year Nicaragua sales to the country were worth $86.6 million, representing growth of 146% on 2009. Five years ago Asia only generated $33 million worth of export sales, according to the Nicaraguan Central Bank (BCN in Spanish)," reports

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Nicaraguan Exports to Asia Up 44% in October

November 2011

Taiwan, Korea, Japan and China are the main destinations for Nicaraguan products in Asia, where economic growth has generated a significant increase in consumption.

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Nicaraguan Exports to Asia Increase

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In the first eight months of the year, sales to the Asian market increased by 44% compared to the same period in 2010.

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