Nicaragua: Funding for Energy Projects

Negotiations are being held with India for a $57 million loan to build two electrical substations and a 138 KW transmission line.

Friday, February 14, 2014

Salvador Mansell, chief executive of the National Electricity Transmission Company (Enatrel) announced that it is negotiating a $57 million loan with India in order to build three power projects in Nicaragua. These are two electrical substations and a transmission line of 138 kilowatts.

The announcement was made "in the context of a visit to Nicaragua by a government mission to India led by the Indian ambassador to Panama, El Salvador, Honduras and Nicaragua, Yogeshwar Varma and the general manager of the Export-Import Bank of India (EXIM BANK), Ravindranath Menon ".

"The Indian delegation met with officials from Enatrel to address issues related to the construction of two power substations, and the purchase of equipment and machinery, to be implemented in Nicaragua with funding of $10 million ...".



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Nicaragua: Exports Down 4%

September 2018

Between January and July of this year, sales abroad totaled $1.609 billion, which represents a contraction of almost 4% compared to the same period in 2017.

At the end of July, the trade deficit of goods totaled 1.4307 billion dollars, lower by 69.4 million dollars than the deficit observed in the same period in 2017 (-4.6%), reported the Central Bank of Nicaragua.

El Salvador: Exports Up 6%

May 2018

Between January and April of 2018, exports exceeded $2 billion, 6% more than in the same period in 2017, and manufacturing sales accounted for most of the increase.

The Central Reserve Bank (BCR) reported that during the first four months of the year "...  Exports to the United States grew by 3.1% with a total of US $842.2 million, higher by US $25.2 million than the demand for the same period in 2017."

Nicaragua: Exports Up 15% in 2017

March 2018

In 2017, sales abroad totaled $2.548 billion, 15% more than in 2016, and the increase was explained by exports of agricultural, fishery and manufactured products.

The Central Bank of Nicaragua (BCN) reported that " ...At the end of 2017, the merchandise trade deficit registered a decrease of 3.5 percent, totaling 3,113.1 million dollars, which represents a fall of 114.5 million dollars in relation to the deficit generated in 2016."

Sugar Imports and Exports in Central America

November 2016

In 2015 Guatemala led the export of raw sugar with $848 million, followed by El Salvador with $178 million and Nicaragua with $114 million.

Foreign Trade figures for Raw sugar in Central America, analyzed by the Business Intelligence unit at CentralAmericaData report that in 2015 the countries in Central America exported a combined total of 3 million 292 thousand tons of raw sugar equivalent to $1.289 billion.

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