Nicaragua: Footwear Exports Up 26%

639x360_1416374337_calzado

NICARAGUA NEWS — In the first nine months of the year $15.9 million worth of footwear was exported, which is 26% more than in 2013.

The sector’s competitiveness in terms of labor costs, incentives to industry, preferential access to key markets and strategic location of the country, are the main factors attributed to the growth in exports of Nicaraguan footwear.

- payin the bills -

The Investment Promotion Agency of Nicaragua, told Elnuevodiario.com.ni that “… The footwear industry in Nicaragua made great strides in 2011 and 2012, with investment from Latin America and Dikamar Tecshoes respectively. In 2012, Nicaragua achieved its goals in terms of exports of footwear, with the sum of US$37.5 million. ”

‘… The main footwear products coming out of Nicaragua are cow and goat leather moccasins and high heeled shoes, synthetic shoes, rubber boots and safety boots. Meanwhile, the main export destinations of footwear made in Nicaragua are the United States, Costa Rica and Panama. ”

Clarks is among the international brands produced in Nicaragua.  National brands include Rolter, Tosca and ECCO.

Nicaraguan exports include coffee, beef, shrimp, lobster, tobacco, sugar, gold and peanuts. Export from Nicaragua has improved since the establishment of the Central America-Dominican Republic Free Trade Agreement or CAFTA-DR.

- paying the bills -

 

Source: elnuevodiario.com.ni

Related Articles

Nicaragua restores 95% electricity service

TODAY NICARAGUA - After the damages caused by Hurricane Iota a...

They Survived Two Hurricanes in a Row, but Their Lives Came to a Halt

(EFE) In the area of Nicaragua that received the worst part...

MOST READ

Rosario Murillo: La Heredera (The Heiress)

Rosarion Murillo, the "eternally loyal" to her husband and political partner, Daniel Ortega. In a profile by Confidencial in October 2016, before her election as...

Better Air Connectivity Between Nicaragua and the US

The private companies' association is in talks with United Airlines to promote the opening of a route that connects Nicaragua with the east coast...

Nicaragua Unveils Central America’s Largest Baseball Stadium

Nicaragua has unveiled its long-awaited baseball stadium in Managua, replacing the former baseball field built in 1948. The new structure will hold up to...

Bianca Jagger Gets Into The Nicaragua Act Again

(American Thinker)  Remember Bianca Jagger? You know, the disco queen and former rock-star's wife turned leftwing "human rights activist" who was last seen mourning...

What Are Some of Nicaragua’s Popular Food?

TODAY NICARAGUA - Nicaragua is an interesting place, with a tumultuous history and a relatively peaceful present. and even if many things can be...

Nicaragua Praised by the IMF

The IMF noted the positive evolution of all the country's economic indicators, and the drastic fall in poverty, with an increase of 33% in...

Poll Shows Declining Expectations on a Nicaraguan Canal

According to the results of the most recent survey conducted by Cid Gallup, the Nicaraguan interoceanic canal project, a concession given to the Chinese...

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.