Nicaragua Loses $45 million in Green Coffee Sales

Up to March 30, 2013, raw or unroasted coffee sales had fallen by 32%, which means a loss of $45.1 million.

Monday, April 1, 2013

Furthermore, the have been fewer sales of beef, sugar and peanuts, among other products, resulting in total export revenues diminishing by 8%, according to the Center for Export Procedures (Cetrex).

The impact is due to the main market of the country (USA), having only purchased $174.5 million worth, compared to the $213.7 million spent up to March 30 last year.

Azucena Castillo, general manager of APEN, explained that this data should encourage the development of alternative products such as fruits, vegetables, roots and tubers, which have proven their acceptance in international markets and their sufficient agricultural potential in Nicaragua.



More on this topic

Nicaragua: Good Forecast for Exports

December 2012

The export sector in 2013 estimated sales of $ 3 billion, a growth of 10 to 12% compared to 2012.

According to Azucena Castillo, general manager of the Association of Producers and Exporters of Nicaragua (APEN), growth will be driven by an increase in export volumes, since on the subject of prices, there are threats to commodities such as coffee and sugar.

EXPO-APEN Generates $25 million in Business Deals

October 2011

In the two days of meetings representatives from 247 companies negotiated sales of $25 million, surpassing previous figures.

The product which made the most sales was coffee at 55%, followed by fruits and vegetables with 22%, said Azucena Castillo, general manager of the Association of Producers and Exporters of Nicaragua (APEN).

Nicaraguan Products in Fruit Logistic 2011

February 2011

Producers managed to sell $ 4.2 million over three days of participation at the fair.

Azucena Castillo, general manager of the Association of Producers and Exporters of Nicaragua (APEN), said the purchase contracts are for okra, watermelon, ginger and dragon fruit.

"He stressed that those 4.2 million are in addition to what is planned to be exported this year (about 2.200 million dollars) and it also opens new markets," reported Laprensa.com.ni.

Nicaragua: Exports Ease Drop

December 2009

During the course of 2009, exports dropped 7% when compared with 2009, better than the expected 27% drop.

Exporters sold a total $1.34 billion in 2009, less than in 2008, when $1.45 billion were sold abroad.

Azucena Castillo, head of APEN, the Nicaraguan Exporters Association, addressed next year's challenges: "...diversifying the U.S.

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