Increase in Nicaraguan Exports to Taiwan

Since the entry into force of the FTA with China, exports reported an increase of 547%.

Thursday, October 18, 2012

Taiwan's ambassador in Nicaragua, Ingrid Hsing, said exports in 2006 totaled $5.7 million, but by the end of 2011 they had increased to $38.9 million.

In the current year, beef exports alone have generated revenues of $12.6 million.

"We have the opportunity to keep growing, we are in possession of an efficient mechanism, such is the Free Trade Agreement", said the diplomatic according to

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Nicaragua Has More Business Opportunities in Taiwan

January 2013

Opportunities exist every day for Nicaraguan exporters, provided that they make progress in the industrialization and productivity of their products.

"Nicaragua has captivated the Taiwanese taste for the sweetness of its sugar, the softness of its meat, the freshness of its seafood, and the smell and taste of its coffee, there is a good reference for Nicaraguan companies committed to exporting quality products", said the ambassador of Taiwan in this country, Anita Huang Shu-O, in an interview with El Nuevo Diario within the framework of the five years of the term of the Free Trade Agreement.

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Nicaragua: FTA with Taiwan can be further exploited

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Although since signing the free trade agreement, exports to China have grown by 36%, analysts believe it is possible to get more out of the agreement.

Since early 2008, Nicaraguan exports to Taiwan have continued to grow. In just three years, they have sold products worth $68 million as a result of the agreement between the two countries.

Nicaragua and Taiwan Increase Commercial Trade

February 2009

The commercial trade among both countries went from $20.1 million in the year 2005 to nearly $31 million in 2008. publishes: "The commercial exchange between China-Taiwan and Nicaragua increased by almost 90 percent last year, which the Ambassador of the Asian country, Chin Mu Wu, attributed to the start of enforcement of the free trade agreement, TLC, among both nations."