"We made a projection of sales to Puerto Rico of 9.3 million dollars per year and demand will be at least three containers a week," said Nazario Mejia, president of the cooperative Tierra Buena, New Segovia (north), which has already made the first shipment.
This trade agreement was reached by the participation of the cooperative in the recent Expo Alimentos Puerto Rico Fair 2012.
"The Puerto Rican market is one of the few in which Nicaragua has a surplus with respect to imports, and in 2011 it exported $45 million in products such as coffee, sugar, meat, honey, roots and tubers," said Roberto Brenes, general manager of the Center for Exports and Investment to Laprensa.com.ni..
Low prices in the domestic market have driven growers to sell their product to Nicaragua and Honduras.
The local market is paying $0.21 per kilogram of onion, while the cost of growing it is $0.69. When exporting, growers get paid $0.28 per kilo.
"Francisco Brenes, regional director at the Agriculture and Livestock Breeding Ministry (MAG), is confident that exports will help rise the price of the product in the Costa Rican market", reports Nacion.com. "This will be possible when onion supply stabilizes..."
Growers and exporters are developing strategic plans to double their exports to the European Union.
Plans will be developed for coffee, meat, shrimp, peanut, organic cacao, honey, sesame and tobacco.
Patrick Gouka, director of the Exports and Investments Center of Nicaragua (CBI), explained that "one of the aspects they will analyze is the quality and value-added of their merchandise, as this is an important requirement of the European market".
A detailed statistical compilation of Costa Rican exports in 2011 has been released.
From the Introduction of Foreign Trade Statistics Costa Rica, 2011, by the Foreign Trade Promotion Office of Costa Rica:
The paper's main objective is to make a detailed compilation of statistics on Costa Rica’s foreign trade in 2011 with the purpose of analyzing the behavior of Costa Rican exports as well as performance according to the main variables of interest.
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