Livestock: Exports up 16%

In Nicaragua, from January to July of this year, exports of livestock products totaled $449 million, 16% more than reported for the same period in 2019, mainly due to increased sales of beef.

Wednesday, October 14, 2020

Figures from the Export Processing Center (Cetrex) indicate that between January and July 2019 and the same period this year, foreign sales of livestock products increased from $388 million to $449 million.

According to data from Cetrex, for the periods in question exports of bovine meat increased 47%, those of Morolique cheese 11%, those of powdered milk 4% and Mozzarella cheese 4%.

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Ronald Balndon, general manager of the National Livestock Commission of Nicaragua (Conagan), told that "... these variations are due to the fact that in some markets it is possible that at the same time in 2019 they have consumed different products compared to the current period, which responds to a dynamic of trade."

Blandon added that "... this does not mean that one product is not sold for another, but that it is the buyer at a certain point in time who decides which product to buy."

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Dairy: Regional Trade Still Rising

February 2020

From January to September 2019, trade in milk and dairy products among the countries of the region reached $245 million, 2% more than in the same period in 2018.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]

Crisis Affects El Salvador - Nicaragua Trade

August 2018

It has been estimated that since the crisis began in Nicaragua, losses in trade between Nicaraguan and Salvadoran companies amount to $12 million.

The cheese and milk trade is the area that has been most affected by the socio-political crisis occurring in Nicaragua. According to representatives from the Ministry of Economy of El Salvador, losses in bilateral trade not only of cheese and milk, but also of other goods, amount to $12 million.

More Dairy Products from Nicaragua in El Salvador

January 2018

Despite the new import requirements imposed by the Salvadoran government, in 2017 the Nicaraguan dairy industry managed to maintain the level of its exports to its neighboring country.

Data from a report by Cetrex shows that 2017 will have closed with growth of just 3% in exports of dairy products to El Salvador, which is positive for entrepreneurs in the sector, who in the middle of the year anticipated less favorable figures, due to the entry into force of the more restrictive import controls.

Nicaraguan Livestock Sector Exports Increase 30%

July 2010

In the first six months of the year foreign sales of meat, dairy products and livestock from Nicaragua reached $234.5 million.

In the same period of 2009, sales totaled $182,614.

Ronald Blandón, CEO of Nicaraguan cattle farming association, CONAGAN, told that, “2010 looks like being a year of growth for our sector. The outlook for all livestock products is positive with growth of 8% forecast”.

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