Nicaragua: Free Zone Exports Keep Falling

From January to June, Free Zones exported $45.5 million less (-8.8%) than the same period of 2008.

Friday, September 4, 2009

Of the first six months of the year, it was only in February when the sector recorded an increase in exports.

"In the first half of 2008, free ports sold $513.5 million abroad. However, in the same period of this year, the sector only exported $468 million", reported local newspaper

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Nicaragua: Free Zones are No Longer Just for Textile Companies

October 2016

Although clothing and car wiring harnesses continue to lead, the number of types of goods exported under the free zone regime has gone from ten in 2008 to 20 today.

Production and export of clothing and wiring harnesses are still the main goods produced and exported under free trade zone conditions, but now others have been added such as as cigars, edible oil, fruits, leather shoes, paper, cardboard, and manufactured leather covers for furniture.

Nicaragua: New Industrial Park

June 2015

An industrial park has been inaugurated with 55 thousand square meters dedicated to the production of textiles in the free zone Siglo XXI, in Niquinohomo, in the department of Masaya.

The $20 million investment will generate 4,500 jobs in industrial buildings that occupy 45 thousand square meters of the total area of ​​the park.

More and More Free Zones in Nicaragua

February 2013

With a record $2.207 billion in exports last year in 2012, the nation aims to continue growing its free zone regime, both in terms of the number of companies and volume of exports.

Beyond having obtained these successful figures, the aim is to attract more businesses and diversify economic activities.

Costa Rica: Free Zone Exports Up 14%

May 2010

In the first four months of the year, the country’s free zones exported $1.6 billion, 14% more than in the same period of 2009, when they sold $1.4 billion.

Data from Procomer, the exports promotion authority, showed that the manufacturing industry (computer equipment and medical devices) experienced the highest growth.

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