- Paying the bills -

Nicaragua Produces More But Earns Less

pic-177172335

TODAY NICARAGUA – In 2014 production in the fisheries and aquaculture sectors increased by 28%, but due to low international prices export earnings declined by 8% compared to 2013.

Fisheries and aquaculture production in 2014, equivalent to 96.7 million pounds exceeded projections made by sector earlier this year and recorded a 28% increase over the previous year. However, according to the Center for Exports (CETREX), it sold $19 million worth less than in 2013.

- payin the bills -

“… CETREX’s data indicates that in 2014, revenues from exports of farmed shrimp totaled $106.9 million compared to the $150.3 million generated in 2013. International prices for this product declined by 2.9%, going from $6.13 to $5.95 per kilogram and the export volume was also lower at 29%. ” Also “… In 2014 the production of farmed shrimp was 62.7 million pounds, up 23% from 2013. ”

Elnuevodiario.com.ni reports that “… According to the government report, fish production in 2014 totaled 17.9 million pounds, 27% higher than the amount in 2013. Likewise, exports of fish increased by 29.3% going from $26.2 to $33.9 million. ”

Source: elnuevodiario.com.ni

Related Articles

Ortega’s “retaining wall” stripped following cocaine seizure in Russia

TODAY NICARGUA (Confidencial) The seizure in Russia of a ton of...

Nicaragua Intensifies Crackdown on Catholic Church, Arrests 4 More Priests

Q24N (Reuters) Nicaraguan police detained four more priests early Saturday, December...

MOST READ

- paying the bills -

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.