Nicaragua: Investment in the Tobacco Industry

British American Tobacco has announced that it will be investing $4.5 million in the construction of offices and a distribution center measuring 17 thousand square meters, which will start operating in June 2018.

Friday, October 27, 2017

="ltr">The distribution center will have 17 thousand square meters of warehouse and 1,200 square meters of offices, and will be built in the upper and southern part of Managua, overlooking Lake Xolotlán. 

See: "
Nicaragua: Tobacco Exports Up 19%"

Javier Corado, country manager at British American Tobacco (Batca), explained to Elnuevodiario.com.ni that "...'Our goal is to have a modern and efficient distribution center'.

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Tobacco: Booming Industry in Nicaragua

June 2019

There are 70 cigar factories in the country that produce close to 5,000 brands, and the sales they make to the U.S. surpassing the sales made in that country by companies from the Dominican Republic and Honduras.

Figures from the Cigar Association of America indicate that in 2018 Nicaragua exported 140 million cigars to the North American country, a figure surpassing the 95 million sold by companies in the Dominican Republic and the 75 million exported by Honduras. However, the goal of the Nicaraguan industry is to gain a greater presence in Europe, a market that until now has been dominated by products from Cuba.

Nicaraguan vs. Cuban Cigars

January 2015

The main export market for Nicaraguan cigars could change after the eventual reopening of trade between Cuba and the United States.

Nicaraguan cigars are consumed in over 70 countries worldwide, where they already faces competition from Cuban tobacco. Nicaraguan tobacco manufacturers believe that if the trade embargo is lifted and Cuban tobacco starts to enter the US market, increased competition will open up opportunities for increasing productivity in the sector and improving the product in terms of variety and quality.

Nicaragua: Cigar Exports to the U.S. Up 42%

April 2014

During 2013 sales of cigars to the U.S. market totaled $37 million, equivalent to 118.9 million units.

Nicaragua has become the second largest supplier of cigars in the United States, behind the Dominican Republic. Exports increased from $25.8 million in 2012 to $37.3 million in the last year, according to the Center for Exports.

Chinese may set up distribution center in Costa Rica

July 2008

A group of Chinese investors is interested in setting up a distribution center in Costa Rica for Chinese products being exported throughout the region.

The idea is to store everything imported from China or Sweden, where there is another distribution center, with the goal of forging new markets.

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