Nicaragua: Exports of Wood and Furniture Up 40%

At the end of 2011 the country exported a total of $17.5 million, 40% higher than the $12.5 million in 2010.

Friday, August 17, 2012

The main export destinations were the United States and China, according to official reports.

"The Central American country saw improved trade in these products between 2006 and 2011 with a 49.4% increase in export volumes and prices increasing by 13.5%, according to official information.

According to the executive, the United States bought 31% of the furniture sold by Nicaragua abroad last year, while China took 56% of sawn and processed timber", reported ACAN-EFE.

Foreign sales projections for this year are at $20 million.

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