Nicaraguan exports grow 29.7 percent in first 7 months of year
Goods selling out of Nicaragua increased 29.73 percent during the first seven months of this year, compared with the same period in 2007, the government’s Export Processing Center (CETREX) reported.
Exports from January to July grossed $970.5 million. The figure for the first seven months of 2007 was $748.1 million, CETREX said in its monthly report.
Coffee continues to top the export list, pulling in $200.1 million in through July 2008 – a 59 percent climb up from last year’s total. Nicaragua’s No. 2 product, beef, grossed $117 million, up just 6 percent from the first seven months of 2007.
The export office attributes the increase in dollars to rising world prices for beans, nuts, coffee, beverages, milk products and a host of other products.
CETREX also points to the Central American Free-Trade Agreement with the United States, CAFTA.
You may be interested
Biden says nearly half of world leaders asking for US vaccine helpAFP - May 11, 2021
President Joe Biden said Tuesday that almost half the world's leaders have contacted him, asking for US help in obtaining…
Costa Rica coronavirus updates for Tuesday, May 11The Tico Times - May 11, 2021
Costa Rica registered 2,555 new cases of Covid-19 on Wednesday May 5; 2,559 on Thursday, May 6; 2,392 on Friday,…
Costa Rica beats the USA, wins third consecutive futsal titleAlejandro Zúñiga - May 11, 2021
The Costa Rica men's futsal team won its third-straight CONCACAF title with a 3-2 victory over the United States on…