A report by the Central Bank of Nicaragua (BCN in Spanish) notes, "that although the overall export performance continues to show good results, they are supported by high prices in international markets."
In the first nine months of the year the cumulative value of exports was $1,736.8 million, 30% higher than in the same period in 2010.
"However the report highlights that in September the volume fell two percent in annual terms.
This month's sales were for $150.4 million, ie $24 million less than in the previous month", reported Laprensa.com.ni
Source: laprensa.com.ni
More on this topic
May 2011
In 2010 the country's food exports from the north to the isthmus increased by 25%.
Product sales from Mexico to the Central American countries totaled more than $644 million last year, far exceeding the previous year's figures.
This significant increase has led to an improvement in the results of the trade balance, growth from sales in recent years has generated a trade surplus that has reversed the previous downward trend.
June 2009
The decline of agricultural products exports have left losses of more than $20 million.
According to data from the Comptroller General of the Republic, a decline of 53% was reported for banana exports between January and April of this year, 68.85% in melons, 53.48% in watermelons, and 19.8% in pineapple compared to the same period last year.
April 2011
A lack of incentives, slow modernization and increased worldwide competition have weakened the country's agro-export sector.
Proof of this is in export figures for melon, flowers, ornamental plants, animal feed and chayote squash, which have fallen to levels last seen five years ago.
June 2011
In 2011, Nicaragua plans to export to Venezulea 23.3% of its agricultural output.
The government projects for this year total sales abroad of $2,000 million of which 75% ($ 1,500 million) relate to agricultural products.
The Nicaraguan Minister of Agriculture and Forestry, Ariel Bucardo, told local television,"The rest of the agricultural products will be placed in traditional markets like the U.S., the main buyer of Nicaraguan products, in Central America, European and Asian countries", noted a report in Elnuevodiario.com.ni
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