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 Laprensa.com.ni.

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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.

One reason for these good results, according to ECLAC analysts, are the efforts made by the country to diversify its export destinations and minimize its dependence on Europe.

Nicaraguan Exports to Asia Increase

September 2011

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

The latest report from the Center for Exports (CETREX) reveals that the biggest buyers are Taiwan, Japan, South Korea and India and the most popular products are seafood, meat, coffee and sugar.

Good Business for Nicaragua at Food Taipei 2013

July 2013

In Taiwan Nicaraguan businessmen closed deals on meat, coffee, seafood and other products, worth a total of $14.2 million.

According to the ambassador of Taiwan in Nicaragua, Y.W. Hsing, during the fair, which was held in June, Nicaraguan food products received more than 120 visits."Their products had a very satisfactory reception with our consumers," he said.

El Salvador: Boost in Exports to Taiwan

January 2014

Sugar, coffee, fishmeal, plastics and paper products are the best selling products to the Asian island.

According to the Taiwanese Embassy in El Salvador during the first 11 months of 2013, exports from the Central American nation to Asian countries grew by 576 %. Among the products that are exported to Taiwan are sugar, coffee, fish meal, paper, cardboard, plastics.

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