Nicaragua: Clothing Market DecreasingImports of footwear and clothing fell 8% in the first half of the year compared to the same period in 2017, and production in the country contracted by around 30%.Monday, October 15, 2018
According to representatives of the guilds of the Nicaraguan Chamber of Leather Shoes (CNCC), and the Nicaraguan Chamber of Leather and Footwear (Camcunic), in the first six months the local production of clothing and footwear has decreased by about 30%.
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Footwear Manufacturing: Forecasts for NicaraguaApril 2021 produce between 8 and 9 million pairs of shoes, a figure that would double that reported in 2020 and generate revenues for companies of more than $120 million. Guatemala: Record Figures for the Textile SectorNovember 2018 Businessmen consider that 2018 will be a year with record sales for the country, as they projected exports of $1.724 million, a figure that would exceed 12% of what was reported in 2017. Nicaragua: Shoemakers Earn CongratulationsMarch 2016 The footwear industry in 2015 manufactured a record 9 million pairs of shoes with revenues above $50 million. Taxes on Textiles and Footwear Companies in NicaraguaNovember 2014 The amendment to the Law on Tax Coalition sent by the Executive to the Assembly repeals the exemption from VAT on domestic production of clothing and footwear.
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