Surpassing China, Vietnam, Cambodia, Indonesia and Bangladesh and ranking below average in cost of quality leather shoes ($ 3.30 per pair), manufacturing soles ($ 0.43) and the development of a pair women shoes ($ 8.17), Nicaragua has become highly attractive as a destination for industry manufacturers and a candidate for a strong manufacturer and exporter of women's shoes.

"According to a study by the Footwear Distributors and Retailers of America (FRDA), even though China, Vietnam and Mexico have a large share of the women's footwear market, Nicaragua ... also ... has the skilled labor for this job. 'Nicaragua has become an attractive platform for companies whose operations use intensive labor, as required by the footwear industry, which in turn requires preferential access to major international markets without paying taxes and tariffs. this advantage puts us on the map as one of the ideal destinations for this specific sector," said Executive Director of ProNicaragua, Javier Chamorro. "

Source: laprensa.com.ni

More on this topic

Leather Footwear Industry

December 2012

The export restrictions on leather enacted in Nicaragua have allowed for a 7% increase in the activities of shoe factories in 2012.

Laprensa.com.ni reports that the "export restraints on hides and skins, adopted by ministerial agreement on 9 November, is already yielding positive results for the national production of footwear, which will have increased by seven percent this year, five percent higher than 2011.

Free Zone Aiming for Footwear and Auto Industry

January 2012

ProNicaragua seeks to attract companies from the footwear and auto parts industry to operate in the country's free zones.

Javier Chamorro, Executive Director of the investment promotion agency, ProNicaragua, noted that they are seeking to "generate development poles" in these two sectors.

Nicaragua Courting Chinese Textile Investment

September 2011

The country is planning two trade missions for next year to publicize its advantages as an investment destination.

The executive director of the Investment and Promotion Agency ProNicaragua, Javier Chamorro said that goal during the missions is to visit garment factories.

Nicaraguan Textiles to be promoted in the U.S.

August 2011

In an effort to attract private capital, Nicaragua will participate in the international exhibition ‘Magic’ in Las Vegas.

This will be the first time Nicaragua takes part the fair, in which individual Nicaraguan companies have attended in previous years, but independently.