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Nicaragua Sees Good Expectations for Bananas

Nicaragua bananas

TODAY NICARAGUA – The union reports that in the first ten months of 2016 sales of the fruit abroad increased by 40% compared to the same period in 2015 and in 2017 a 10% increase is projected.

This year Nicaraguan banana exporters project a 10% increase in sales abroad, explained Enrique Gasteazoro, coordinator of Nicaragua banana exporters, to Laprensa.com.ni. “… ‘(We believe) that a ten percent increase will be good for this sector which is growing hand in hand with the investment we are making’.”

Figures from the Ministry of Development, Industry and Commerce indicate that the value of exports between January and October 2016 amounted to $32.5 million, equivalent to 92,723 metric tons.

“… Currently the United States and Canada, as well as countries in the European Union, are the main clients for exports of bananas, which are mostly planted in the departments of Chinandega and Leon, to the west of the country. Gasteazoro says they are working on reaching ten million boxes of bananas a year to supply large ships carrying bananas. ‘We are currently halfway there and with investment we know that we will increase areas so that next year we will be able to provide more’.”

Source: laprensa.com.ni

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