International Trade in Nicaragua

International Trade in Nicaragua

Nicaragua has endured the strong effects of the international financial crisis and, most of all, the economic slowdown of the United States. in 2009, the reduction in demand, which has lead to a reduction in exports, investments and financial transfers, has plunged the economy into... Read more

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Market Analyses About Nicaragua (28)

Import and Export Services in Nicaragua (45)

  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Nicaragua

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...
  • FocusEconomics S.L.

    FocusEconomics S.L.

    Economic Intelligence, Nicaragua

    FocusEconomics is a leading provider of economic intelligence for Asia, Europe and the Americas. FocusEconomics has established a solid...

Business Tips About Nicaragua (1)

Agents and Distributors in Nicaragua (5)

  • INTEC EXPORTS INDIA PVT.LTD.

    INTEC EXPORTS INDIA PVT.LTD.

    Commodity Sales and Distribution, Nicaragua

    An ISO certified company, 'Intec Export India Pvt. Ltd.' brings forth the best range of products. It has over the years grown...
  • Arte Primitivista

    Arte Primitivista

    Fine Arts Sales, Nicaragua

    Arte Primitivista sells one-of-a-kind primitivista paintings of high quality, supporting our artists directly to the interior by direct...

Overview About International Trade in Nicaragua

Economic Overview

Nicaragua has endured the strong effects of the international financial crisis and, most of all, the economic slowdown of the United States. in 2009, the reduction in demand, which has lead to a reduction in exports, investments and financial transfers, has plunged the economy into recession. However, the country resumed growth in 2010, a trend which should continue in 2011.

In order to face the crisis, the Nicaraguan authorities have taken measures to support domestic demand and protect the financial system from foreign impact. In the context of an agreement with the IMF, the country has also set up a program of structural reforms meant to stabilize public financing, to create a positive business environment and to build the basis of a long-term growth. 

In spite of the socio-economic progress accomplished, Nicaragua remains the second poorest country of Latin America and the Caribbean after Haiti. About 46% of its population lives beyond the poverty line, unemployment is extremely high and there is unequal distribution of wealth. Nicaragua ranks among the Heavily Indebted Poor Countries (HIPC), supported by the IMF and the Central Bank. The country's foreign debt

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