Nicaragua Imports Less Appliances

The decrease of 5% registered in 2017 with respect to the previous year was explained by a 23% and 9% fall in the import of monitors and refrigerators, respectively.

Thursday, March 8, 2018

In contrast to the behavior of imports of monitors and refrigerators, washing machines and radio and television broadcasting devices showed increases of 23% and 17%, respectively.

See also: "Central America imports more washing machines"

The report on Foreign Trade 2017 by the Central Bank details that imports of mobile phones fell 2% in 2017 with respect to 2016. Together with the monitors and refrigerators, these three products accounted for 72% of the total imports of household appliances

See full report (in Spanish). 

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More on this topic

Household Appliances: Imports Go Down 35%

February 2019

From January to November 2018, imports of household appliances in Nicaragua totaled $106 million, 35% less than reported in the same period of the previous year.

Between the first eleven months of 2017 and the same period in 2018, foreign purchases of household appliances fell from $164 million to $106 million, according to the most current figures from the Central Bank of Nicaragua.

Household appliance imports fall 17%

October 2018

Imports of household appliances between April and July 2017 and the same period in 2018 reported a decline of 17% in Nicaragua.

According to figures from the Central Bank of Nicaragua, purchases abroad decreased from $100 million in 2017 to $84 million this year. The most significant year-on-year fall was recorded during the seventh month, as between July 2017 and the same month of this year the fall was 60%.

Nicaragua: Appliance Imports Down 10%

November 2017

Between January and September of this year, imports of durable consumer goods such as televisions, washing machines, refrigerators and telephones dropped by 10% compared to the same period in 2016.

Figures from the Central Bank show that in the first nine months of the year purchases of televisions abroad went down by 53% compared to the same period in 2016. The case of washing machines is similar, with imports of these items going down 46% in the same period.

Central America: Imports of Household Appliances Down 7%

June 2017

In 2016 the countries in region imported $167 million worth of appliances, 7% less than in the previous year, and 50% of the products came from China.

Figures from the information system on the the household appliances market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

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