Nicaragua: Fishing Exports Down 40%

In the first quarter of the year the value of fish exported was $5.1 million, 40% less than in the same period in 2015.

Wednesday, April 27, 2016

Fisheries sector entrepreneurs confirmed that the decline also occurred in production, but they are relying a reversal of the figures and achieving better results in the year, because in April , "... scale fishing began to show signs of recovery and we hope that in the rest of the year, with expectations of rainfall, production will normalize' "said Armando Segura, president of the Chamber of Fisheries of Nicaragua to Elnuevodiario.com.ni .

"... The President of CAPENIC hopes that at the end of the year the sector will reflect production figures similar to those of 2015, whose export value totaled US $270 million. 'It is not bad luck is a factor of nature, mainly, and we are sure that it will normalize in the second half of 2016', insisted the representative of the guild that brings together 85% of industrial fishing companies in the Pacific of Nicaragua. "

Figures from the Center for Export Procedures (CETREX) indicate that between January and March, 805 tonnes were exported valuing $5,144,412, while in the same period last year the exported volume was 1332 tons, having a value of $8,659,805.

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