Tobacco: Good Sales in Times of CrisisDespite Nicaragua's political and economic crisis, tobacco exports in 2018 totaled $222 million, 10% more than in 2017.Tuesday, April 16, 2019
Statistics from the Central Bank of Nicaragua (BCN) show that between 2017 and 2018 sales abroad under the free trade zone regime increased by $20 million, from $202 million to $222 million. Source: elnuevodiario.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Tobacco: Booming Industry in NicaraguaJune 2019 There are 70 cigar factories in the country that produce close to 5,000 brands, and the sales they make to the U.S. surpassing the sales made in that country by companies from the Dominican Republic and Honduras. Nicaragua: Tobacco Exports Up 11%January 2017 In 2016 foreign sales of cigars grew by 11% over 2015, reaching $178 million, of which 84% were destined for the US market. Nicaragua: Cigar Exports to the U.S. Up 42%April 2014 During 2013 sales of cigars to the U.S. market totaled $37 million, equivalent to 118.9 million units. Nicaragua Tobacco In Good HealthOctober 2013 Projections are of $159 million in exports by the 25 companies that make up the Nicaraguan tobacco industry.
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