Center for Exports Exports & imports exports increase in exports exports increase Central Bank of Nicaragua Exports to Asia Economic Commission for Latin American and Caribbean

Nicaraguan Exports Grow 46%

The country's principal markets are South Korea, Japan, the Republic of China Taiwan with which it has had free trade agreement (FTA) since 2008

Wednesday, April 13, 2011

In the first three months of 2011 exports totaled $46.7 million, 46% more than in the same period of 2010.

Supported by the FTA, Nicaragua has sold Asian markets a total of $12 million worth of products in the first quarter of 2011, according to a report by the country's Center for Export Prodedures (Cetrex).

"Last year Nicaragua sales to the country were worth $86.6 million, representing growth of 146% on 2009. Five years ago Asia only generated $33 million worth of export sales, according to the Nicaraguan Central Bank (BCN in Spanish)," reports Laprensa.com.ni.

Source: laprensa.com.ni

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Key entities

Center for Exports Economic Commission for Latin American and Caribbean Central Bank of Nicaragua

Countries

Nicaragua Asia

Insight

exports increase in exports exports increase Exports to Asia Exports & imports

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