Nicaragua: Exports Up 15%During the first two months of the year, the country's sales abroad amounted to $519 million, 15% more than the same period in 2019, a rise that is explained by the increase in international prices.Wednesday, March 11, 2020
Figures from the Center for Export Procedures (Cetrex) detail that between the first two months of 2019 and the same period of 2020, exports increased by $68 million, from $450 million to $519 million. Source: laprensa.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Do you need information about the main economic indicators in Central America? Contact Us.Need assistance? Contact us
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Commodity Prices Benefit NicaraguaJune 2021 Due to the high demand for commodities, it is estimated that prices in the international market have increased on average between 30% and 40%, a situation that favors Nicaraguan exporters of raw materials. Rebound in Exports, Despite the CrisisDecember 2019 In a context of economic recession, Nicaraguan exports have recorded good performance, as to November 2019 revenues totaled $2,536 million, 4% higher than reported in the same period of 2018. Exports Rebound, But Pessimism ContinuesOctober 2019 Although between January and September 2019, Nicaraguan exports grew 2% compared to the same period in 2018, businessmen say it is because of an atypical behavior of gold and fish sales, not a general improvement. Nicaragua Loses Trade PartnersJune 2019 During the first five months of the year, exports totaled $1.145 million, 10% less than in the same period in 2018, and export destinations also declined in the period concerned.
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