Nicaragua: Exports of Wire Harnesses up 22%

Between January and September the value of exports amounted to $509 million, registering an increase of 22% compared to the same period in 2015 and 29% in volume.

Wednesday, November 2, 2016

The monthly report by the Ministry of Foreign Trade specifies that the export of harnesses represented 14% of total exports from Nicaragua during the first nine months of the year.

The report said that exports of harnesses, along with garments and clothing, were those that were the most buoyant of all the exports under the free zone regime. "... Together they had a share of 58.4% in January-September 2016. "

See complete report (In Spanish)

More on this topic

Automotive Industry: Downturn in Harness Business

July 2018

In line with the overall performance of Nicaraguan exports, between January and May sales of harnesses abroad totaled $220 million, 14% less than in the same period in 2017.

According to figures from the Central Bank of Nicaragua (BCN), in the first five months of 2018 exports from the free zone totaled $1.179 billion, of which 19% corresponded to sales of harnesses.

Nicaragua: New Wire Harness Manufacturing Plant

October 2017

The French automotive group Delfingen will be building a vehicle wire harness manufacturing plant, and its entry into operation is scheduled for the first quarter of 2018.

The 1,500 square meter factory will specialize in the manufacture of electrical protection solutions for automobiles.  

Mexican Assemblers to Visit Honduras

August 2016

Representatives of vehicle assemblers in Puebla will be meeting with Honduran entrepreneurs engaged in making auto parts in October.

From a statement issued by the President of Honduras:

San Pedro Sula, August 9.  Representatives of the major vehicle assemblers in Puebla (Mexico) will be visiting Honduras in October to meet with Honduran entrepreneurs engaged in the development of auto parts, announced today President Juan Orlando Hernandez in San Pedro Sula.

Nicaragua: Export of Chassis to Mexico Up 22%

September 2014

The growing Mexican automotive industry is generating opportunities for the sale of chassis and autoparts from Nicaragua, as in the first quarter of 2014 revenue was generated of $152 million, which is 22% more than in the same period in 2013.

In the first quarter of 2014 sales of chassis to Mexico amounted to $152 million, 22.6% more than in the same period last year, according to Data from the Central Bank of Nicaragua.

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