Leather Footwear IndustryThe export restrictions on leather enacted in Nicaragua have allowed for a 7% increase in the activities of shoe factories in 2012.Wednesday, December 12, 2012
Laprensa.com.ni reports that the "export restraints on hides and skins, adopted by ministerial agreement on 9 November, is already yielding positive results for the national production of footwear, which will have increased by seven percent this year, five percent higher than 2011. The agreement between the Ministry of Development, Industry and Trade (Mific) and national leather sector, reflects the need to restrict the export of these types of skins to the foreign market, for a period of one year and exported only ten percent of the national production of raw hides. " Source: laprensa.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Nicaragua: Shoemakers Earn CongratulationsMarch 2016 The footwear industry in 2015 manufactured a record 9 million pairs of shoes with revenues above $50 million. Nicaragua: Shortage of Leather for Shoe MakingMay 2014 The lack of its main raw material is a recurring problem in the Nicaraguan footwear industry. Results of Restriction on Leather ExportsFebruary 2013 In Nicaragua small and medium sized shoe factories now have availability of their main raw material, as a result of the enforcement of the law restricting leather exports. Footwear Production Grows in NicaraguaFebruary 2012 Domestic production of footwear grew from 1 million pairs of shoes 7 years ago,to 3.5 million in 2011, of which one million were exported abroad.
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