Export to Nicaragua

Nicaragua Map

 

 

 

 

 

 

 

 

FULL NAME: Republic of Nicaragua

CAPITAL: Managua

POPULATION: 5.7 million (UN, 2009)

MAIN CITIES:  Managua, Leon, Juigalpa, Chinandega, Masaya, Granada

LANGUAGES: Spanish, English, indigenous languages

CURRENCY:  Cordoba

TIME ZONE: GMT-6 

DIALLING CODE: +505

INTERNET DOMAIN: .ni

ECONOMY

Nicaragua’s economy has seen great changes over the last few years.  The Country is under-developed which is ideal for investment.   The government has been working to improve the economic situation and to remove the growth barriers.

KEY INDUSTRIES:

  • Food processing
  • Chemicals
  • Machinery and metal products
  • Textiles
  • Clothing
  • Petroleum refining and distribution
  • Beverages
  • Footwear
  • Wood

EXPORTS – COMMODITIES

  • Coffee
  • Beef
  • Shrimp and lobster
  • Tobacco
  • Sugar
  • Gold
  • Peanuts
  • Textiles and apparel
IMPORTS – COMMODITIES

  • Consumer goods
  • Machinery and equipment
  • Raw materials
  • Petroleum products

EXPORTS – PARTNERS:

  • US 61.98%
  • El Salvador 7.74%
  • Costa Rica 3.67% (2009)
 

 

IMPORT PARTNERS:

  • US 22.63%
  • Venezuela 12.27%
  • Mexico 9.05%
  • Costa Rica 8.66%
  • China 7.16%
  • Guatemala 6.59%
  • El Salvador 5.63% (2009)

Source: www.cia.gov

 

 

GDP (PURCHASING POWER PARITY):

$16.53 billion (2009 est.)country comparison to the world: 129 $17.03 billion (2008 est.)$16.5 billion (2007 est.)note: data are in 2009 US dollars

 

GDP – PER CAPITA (PPP):

$2,800 (2009 est.)country comparison to the world: 169 $2,900 (2008 est.)$2,900 (2007 est.)note: data are in 2009 US dollars
   
GDP – COMPOSITION BY SECTOR:

  • agriculture: 17.5%
  • industry: 26.5%
  • services: 56.1% (2009 est.)

Source: www.cia.gov

ONLINE SOURCES

APENN – Nicaraguan Association of Producers and Product Exporters
Banco Central de Nicaragua – The Central Bank of Nicaragua.
Bolsa de Valores de Nicaragua – Nicaragua’s Stock Exchange.

Nicaragua – Country and tourist information by the Nicaraguan Institute of Tourism (INTUR).
Nicaragua’s Best Guide – Country and tourist information on Nicaragua.
Nicaragua Online  

NEWSPAPERS

La Prensa

El Nuevo Diario

Confidencial

Handel Export Consulting

Telephone: +44 28 9092 3378 Fax: +44 28 9092 3334 Email: info@handelexport.com