Friday, July 17, 2020

Nicaragua: Exporter Guide July 16, 2020

Nicaragua: Exporter Guide

Despite Nicaragua’s ongoing social political crisis, there are still good opportunities for U.S. food exports. Total U.S. agricultural exports to Nicaragua reached $250 million in 2019, an increase of 15 percent compared to the previous year. The increase on U.S. exports was driven by the recovery of the Nicaraguan rice import market worth $40 million. As the Nicaraguan Economy continues a downtrend, post anticipates a decrease on imports of high value foods and an increase on imports of grains, semi-processed foods and a wide variety of low cost processed foods. Consumers are demanding more generic low-cost foods.

Nicaragua: Exporter Guide


https://www.fas.usda.gov/data/nicaragua-exporter-guide-4

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