Nicaragua: Non-Traditional Exports Up

As of May 2017, fishing and carton production recorded sales of nearly double in relation to what was observed in 2016, and they are still growing at rates of 10% and 40% respectively.

Friday, July 21, 2017

The Foreign Trade report by the Central Bank of Nicaragua states that "fishing and cardboard production recorded sales of almost double in relation to what was observed in 2016 and continue to grow at rates of 10.4 percent and 40.2 percent, respectively."

See also: "Paper and Cardboard Imports in Central America"

"... the recent dynamism and diversification in the destinations of fishing and production of cardboard and derivatives suggests that non-traditional sectors in the Free Zone continue to position themselves and contribute to growth of the sector."

In contrast the performance of traditional free zone exports such as footwear, palm oil and harnesses recorded year-on-year declines of 47%, 21% and 10%.

See full report by the Central Bank. (In Spanish)

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New consumption habits in developed markets are creating new opportunities for fruits such as mangosteen, dragon fruit, soursop, passion fruit, gooseberry, ipecac, pejibaye and starfruit.

From a report by PROCOMER, Costa Rica entitled "Emerging opportunities in sales of agricultural products"

Non-Traditional Exports Growing in El Salvador

July 2012

In the past three years exports of nontraditional products have seen an increase of $900 million.

The head of the ministry of economy, Armando Flores, on the occasion of the presentation of the Accountability Report noted that in the last year alone the increase has been $290 million.

Non-traditional Products Account for 45% of Exports

August 2010

In the first five months of the year, Honduran exports of non-traditional products totaled $575 million.

According to the Honduran Central Bank's Foreign Trade Report, sales of non-traditional products totaled $1.27 billion in the period.

The general manager of the country's Federation of Agricultural Exporters (FPX) told Laprensa.hn that, "it's good news because it's important for Honduras to export more non-traditional products than coffee and bananas since prices of these fluctuate and non-traditional industries have historically had a buffering effect. However it is hoped that these products can increasingly take a more central role".

Non Traditional Exports On The Rise in Guatemala

April 2010

Exports of nontraditional products are growing at a faster pace than exports of traditional ones (coffee, banana, cardamom and sugar).

In 2009 total exports summed $7.23 billion. Of them, $5.41 billion corresponded to nontraditional goods (74.9%).

“Data from Banguat shows that in 1980 the country exported $1.52 billion, of which $633 million were traditional goods and $886.4 million were nontraditional ones (58.3%)”, reported Sigloxxi.com.

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