Businessmen in the sector estimate that cigar and Havana cigar consumption in the country is around 120,000 units per year, generating annual income close to $840.000.
Cigars are marketed at prices ranging, on average, between $6 and $50 per unit; however, there is a group of consumers who demand higher quality products whose prices per unit exceed $100.
Pharmaceutical products, plastic, food preparations, sugar and confectionery, and electrical cables are the main products that are sold to companies in the Dominican Republic.
Figures from the information system "Trade between Central America and the Dominican Republic", compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Clic to interact with the chart"]
Coffee and tobacco farms in Panama increase their performance when they are used not only as farms but also as rural tourism destinations.
Agricultural production combined with recreation and tourist attraction has created additional financial income for Panamanian producers. According to statistics from the Ministry of Agricultural Development (MIDA) released by Laestrella.com.pa, the number of agritourism farms in the country rose from 28 in 2014 to 220 in 2015.
From May 7th to 9th in Santo Domingo, in the Dominican Republic, local producers and exporters will be meeting with companies and international buyers to explore business opportunities.
From a statement issued by from the Dominican Agribusiness Board:
The Dominican Agribusiness Board (JAD) and the Center for Export and Investment of the Dominican Republic (CEI-RD), with support from various public and private institutions, has unveiled the details of the fifth edition of the International Food, Tobacco and Beverages Fair: Agrifood 2015, to be held from 7 to 9 May at the Convention Center of the Dominican Fiesta Hotel in Santo Domingo.
The member countries of the Framework Convention for the Control of Tobacco have approved raising taxes on the tobacco industry.
This new document seeks to "... strengthen measures relating to applicable taxes and prices in order to reduce consumption and the number of deaths from consumption of tobacco, as it is closely related to the cost of the product."
A statutory amendment will allow Brazil to use a World Trade Organization quota to export beef to the United States.
Nicaraguan producers and exporters have raised concerns about the possible impact of changes in trade policies which are being discussed by the U.S. Congress, which directly affect the export of peanuts, tobacco and meat, the latter product due to possible entry of beef from Brazil.
In Nicaragua peanuts, sugar cane and tobacco have been held up as examples of how productivity can be increased in agriculture.
In 2006 one hectare of sugar cane in Nicaragua produced 66 tons, and five years later, in 2011, it produced 89 tons. Improvements in the use of technology and the search for the most suitable varieties of canes are part of the strategies that have enabled the industry to achieve outstanding levels of performance when compared with other countries in the region.
The business climate, smuggling and taxes have forced the tobacco company to close its operation in the country.
In a letter sent on March 5, to their suppliers, British American Tobacco announced the closure of its operations in El Salvador. The increase in smuggling and lack of competitiveness in terms of cost are some of the reasons for its departure.
The Pan American Health Organization denounced the continued interference by the tobacco industry in the passing of antismoking laws in the countries of the Americas.
Washington, D.C., 31 May 2012 (PAHO/WHO) - The tobacco industry continues to interfere with tobacco control policies in the Americas and these efforts have intensified since the 2005 entry into force of the WHO Framework Convention on Tobacco Control.
The Legislative Assembly of El Salvador has lifted president Funes 's veto of the law regulating the advertising, marketing and consumption of tobacco, and protecting non-smokers.
An article by Amadeo Cabrera in Prensagrafica.com reported that at the end of the vote and amid applause, the president of Congress, the president of the Assembly and the deputy of the FMLN Siegfried Reyes declared: "56 votes in favor, zero votes against, five abstentions. Therefore, legislative decree number 771, by which the Law on Tobacco Control was issued, has been ratified and should follow the process established by the Constitution. "
President Funes has vetoed a law intended to prohibit smoking in public places.
Inconvenient and detrimental to business is how President Funes categorized the law which had been adopted in the legislature of June 23.
According to Funes, the implementation of the regulation could affect economic activity in various sectors, both in the restrictions on commercialization and also those affecting to advertising and promotion.
Congress has passed the Tabacco Control Act, which regulates advertising and tabacco consumption.
The new law prohibits smoking in public places (workplaces, public transport, health centers, etc.) and regulates the sale and advertising of cigarettes. Fines have been established for those who violate the law.
"The tobacco industry has opposed the legislation and suggests a starting a dialogue aimed at balancing the control over tabacco that the government is seeking to exercise.", reported Elsalvador.com
We sell premium cigars: Flor Real, Bahias, Sueños Oro, Chieftains,
Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 2232 9491 - (506) 8864 0189