- Paying the bills -

Banana Boom in Nicaragua

Last year --according the oficiales-- figures banana foreign sales totaled US $ 8.7 million.
Last year – according the oficial figures – banana foreign sales totaled US$8.7 million.

TODAY NICARAGUA – An improvement in international prices and an increase in export volumes are responsible for the 282% increase in revenues from banana exports in 2014.

Banana export revenues at the end of 2014 totaled $8.7 million, i.e. $6.5 million more than reported in 2013. In regard to export volume, the figure rose to 22.9 million kilos compared to 9.7 million kilos in 2013.

Elnuevodiario.com.ni reports that “… One factor helping to improve revenues for this product was improvement in international prices which went from $0.23 to $0.38 per pound representing a 62.1% increase in prices. ”

- payin the bills -

“… Up to 2013 Nicaragua produced an average of two million cases of bananas in the year, one of the lowest amounts in Central America. In 2014 the figure was four million cases, this year it is expected to exceed eight million cases. ”

Source: elnuevodiario.com.ni

Related Articles

President of Iran suggests Ortega seek “integration” with other countries to “neutralize sanctions”

TODAY NICARAGUA (Confidencial) Before leaving Nicaragua to continue his tour of...

Daniel Ortega, Vladimir Putin’s “cheal parner” in Latin America

Q REPORTS (La Prensa) Nicaragua has proven to be more profitable...


- 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.