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