Nicaraguan Exports to Asia Up 44% in October

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

Friday, November 4, 2011

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.

This has mitigated the effect of the economic crisis affecting Europe and the subsequent reduction in consumption, which has had a major impact on export sales in many Central American countries.

On the other hand, Nicaraguan exports to other regions in Latin America have shown mixed results.

An article on laprensa.com.ni article reads: "Exports to South America, in particular Venezuela, Chile, Colombia and Ecuador increased by 17%, while those made to Central America rose by only 1%.

However, North America strengthened its position as the Nicaragua’s leading trading partner, as exports to the region consisting of Canada, the United States and Mexico grew by 35%, and constituted 44% of the $1.957 million worth of total exports during the first ten months of the year."

Market Intelligence

Everything about exports and imports in Nicaragua.

Top companies - Quantities, amounts and prices.

more info

More on this topic

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.

Nicaraguan Exports Grow 46%

April 2011

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

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).

Japan in the Sights of Nicaraguan Exporters

April 2009

Exports to that market have increased in recent years, from $13 million in 2007 to $19 million in 2008.

For the Association of Producers and Exporters of Nicaragua, APEN, Japan represents a huge opportunity, which is why APEN has undertaken the task of training its members on export requirements.

Meat from Chile and Colombia to go to China

June 2013

Farmers in Colombia and Chile have been certified as eligible to export beef to China, after the lifting of foot and mouth disease restriction on Colombians and the signing of a protocol with the Chileans.

From an article by the Costa Rican Trade Promotion Office (PROCOMER):

 close (x)

Receive more news about Exports & imports

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Interested to buy Frozen Meats for import to USA

Interested to buy frozen no fat pre-cut oxtail and frozen beef.
Import to USA. For further information, please fill the...

Stock Indexes

(Nov 21)
Dow Jones
0.51%
S&P 500
0.52%
Nasdaq
0.24%

Commodities

(Nov 21)
Brent Crude Oil
80.850
Coffee "C"
190.70
Gold
1,202
Silver
16.400