More demanding quality standards in international markets and lack of financing explain the 40% drop reported in exports to November 2019.
According to figures from the Center for Export Procedures (Cetrex), between January and November 2019 the country exported 442 tons of natural honey, a volume that is 20% lower than the tons traded during the same period in 2018.
Nicaraguan Rum, cigars, seafood, honey, vegetables, beans, timber, medicines and wood furniture will be allowed into Ecuador with preferential tariffs.
From a statement issued by the National Assembly of Nicaragua:
Prawns, cheese, honey, vegetables, peanut oil, peanuts, raw sugar and fruits are some of the products that people want to have duty free status under the FTA.
In the framework of bilateral negotiations for free trade between the two countries, Nicaraguan businessmen pointed out that there are several products that are in the list for staged tax relief, such as shrimp, cheese, honey, vegetables, peanut oil, peanuts, sugar raw and fruits, but they are looking for a"better tariff treatment"for others that are pending negotiations.
58% of Canadian families buy organic food at least once a week, making it an attractive market for companies producing these products.
The demand for organic food has grown in recent years both in Europe and in North America, where countries such as Germany, Switzerland, the United States and Canada are buying more and more organic food which is free of pesticides, dyes and other chemicals in order to improve their health. In Canada alone, 58% of households buy organic food at least once a week, making it an attractive market for companies producing these products.
The agreement approved by the National Assembly of Nicaragua allows entry into the Cuban market of products such as meat, milk, honey and black beans.
The agreement, which aims to extend preferential entry of goods into Cuba, includes tax treatments and sanitary and phytosanitary measures to be observed in the exchange of products.
Nicaragua's current and potential agricultural sector offers opportunities that the industry has not exploited to the fullest.
This was explained Roberto Brenes, General Manager the Export and Investment Center (CEI) in an interview he conducted with Massiell Largaespada from Elnuevodiario.com.ni.
Currently production is less than 500 tonnes per year, equivalent to 0.09% of what was imported globally last year (518,818 tonnes). According to Luz Marina Arana, coordinator of marketing research of the Center for Export and Investment (CEI), although Nicaraguan honey has entered duty free since 2004, with the entry into force of the trade agreement, "the new rules will stabilize trade and expand the possibility of new markets. "
According to Organic Monitor many suppliers of organic products have reported a rise in sales and improved market conditions, however, this situation is not shared by all European countries. President of Organic Monitor, Amarjit Sahota, says that since 2007, the demand for organic products has been affected by the economic crisis, mainly in the UK, however countries such as Italy and Switzerland have shown a small but positive growth while the Netherlands and France reported double-digit growth. In Europe, sales of organic products have increased by between 4% and 6% annually.
The International Federation of Organic Agricultural Movements (IFOAM in Spanish) has issued new rules to replace those previously established in 2005.
A statement from the Costa Rican Trade Promotion Office (PROCOMER) reads:
The IFOAM has published new rules to replace those previously established in 2005 and these have been approved by electronic vote of the members of the federation, a process which ended on August 5.
There are currently 22,600 hives across the country, a figure that could reach 300,000 with additional profits of $20 million.
At present, there are about 22,600 hives across Nicaragua, according to data from the Ministry of Agriculture and Forestry (Magfor) - the Nicaraguan National Beekeeping Commission estimates there are just over 30,000 - but older studies claim that there is potential to have 300,000 hives, reports Laprensa.com.ni.
Six Nicaraguan companies traded coffee, honey, sesame seeds, and cashews with European buyers at the organic products fair Biofach 2012.
The Association of Nicaraguan Producers and Exporters (APEN) and the Export and Investment Center (CEI), reported that six Nicaraguan companies also connected with 80 potential buyers.
Between January and August this year, foreign sales have doubled compared to the same period in 2010.
$639,000 worth were exported in the aforementioned period, far surpassing the $304,000 in the first eight months of 2010.
The increase is explained partly by rising demand from Europe, mainly Germany, Belgium and England, which has encouraged Nicaraguan beekeepers to produce more.
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
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