Exports Up 34% in First 8 Months of ’08
MANAGUA – Nicaragua’s export sector is reporting 34 percent growth during the first eight months of 2008, compared with the same time period last year, according to the government’s ExportProcessingCenter, Cetrex.
Exports from January to August of this year totaled $1.14 billion, up from $854 million last year at this time.
Coffee continues to top the list of exports, earning $225 million so far this year, up from $138 million last year at this time, for a whopping 63 percent growth. Beef exports are also reporting import growth, at $139 million, up 16 percent from last year.
Other important exports are, in order of importance: dairy, peanuts, gold, shrimp (from shrimp farms), beans, sugarcane, lobster, cattle, drinks, metal and manufactured goods, processed coffee and fish.
The increase in exportation is being attributed to increases in production and the Central American Free-Trade Agreement with the United States (CAFTA), which entered into force here April 1, 2006.
Nicaragua’s export total for 2007 was $1.24 billion, an amount that is on track to be easily surpassed this year.
You may be interested
Mexico opens border to women and children from migrant caravanAFP - October 20, 2018
Mexican authorities on Saturday allowed dozens of women and children from the Honduran migrant caravan to pass into its territory,…
Venezuela accuses Costa Rica of ‘subordination’ to U.S.AFP - October 20, 2018
Venezuela criticized Costa Rica this week for expressing support for several countries that have asked the International Criminal Court (ICC)…
Lifeguards call for help in Costa Rica: support their work in OsaPerry Gladstone - October 20, 2018
Over the last four years, the Lifeguards of Costa Ballena have performed 240 in-water rescues, administered first aid 100 times…