Nicaragua reduced Sales to CA

In 2010 only 22.5% of total exports were sold in Central America.

Friday, October 29, 2010

In 2008 33% of total exports was destined for Costa Rica, Guatemala and El Salvador, and in 2009 the number dropped to 31%.

The executive director of the Center for Export Procedures (CETREX), Jorge Molina, told reporters, "Much of what we exported to Central America they already produce and that has created the establishment of obstacles, it is becoming more difficult... we keep speaking of a customs union but this is the only region in the world where, in order to export, you require an import permit.”



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More on this topic

Nicaraguan Exports Down 6.6%

June 2013

During the first five months of 2013 $1.1067 billion worth of goods were sold abroad, while in the same period in 2012 export revenues were $1.1852 billion.

The Center for Export Procedures (CETREX) reported a decrease of 0.94% in the volume of foreign sales, registering 849,563.6 metric tons between January and May compared to 857,605.6 metric tons in the first five months of 2012.

Guatemalan Exports Fall 4.6%

June 2009

In the first four months of the year, export sales totaled $119 million, 4.6% less than the same period of the previous year.

According to data from the Bank of Guatemala, traditional exports (sugar, banana, coffee and cardamom) registered an increase of 20% but this was counteracted by a drop of 10.7% in the exports to Central America and a decline of 14% in exports to the remainder of the world.

Nicaraguan Exports Down by 21%

May 2009

In April, a total of $121.2 million were exported, compared to $154.2 million during the same period last year.

Data from the Exports Processing Center, CETREX, reflect an increase of 7.33% in volume.

Elnuevodiario.com.ni published CETREX data: "The figures have improved in volume.

Nicaraguan exports dropped in January

February 2009

There was a reduction of more than $36 million in foreign sales in January 2009, in comparison to the same month last year.

Gustavo Alvarez says in an article on EL NUEVO DIARIO.com: "The growth rate for exports, which in the last few years had a sustained growth of around 20%, started the year with a 27.9% drop.

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