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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