Nicaragua: Growth in Exports not Sustainable

While exports have experienced increases of up to 38% in value, it is not the same story in terms of volume.

Monday, March 14, 2011

The General Manager of the Center for Export Procedures (CIS), Roberto Brenes, said in an interview with La Prensa, that the country is not producing enough to sustain export growth.

"In recent years foreign sales have experienced sustained growth, from $ 866 million in 2005 to $ 1.851 million last year, mainly due to higher prices in major export products," reported La Prensa.

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