Nicaragua, LatAm's leading exporter in times of Covid-19
Managua, Aug. 9 (Prensa Latina) Nicaragua ends the week with the good news that the Economic Commission for Latin America and the Caribbean (ECLAC) has recognized it as the leading exporter in times of the Covid-19 among the countries of the region.
The Central American largest nation reported 14 percent growth in foreign sales, the only one in the Western Hemisphere to achieve double digits during the first five months of this year, according to a report released by the United Nations agency.
Only three other Latin American countries have accumulated positive numbers: Costa Rica (2 percent), Honduras (2) and Guatemala (3), all from Central America, ECLAC's report indicates.
Xiomara Mena, executive director of the Export Processing Center (Cetrex), stressed that when analyzing the statistics of 20 production sectors, the export contribution of beef stands out, growing both in sales volume and monetary income.
Also, figures from the first half of the year indicate that Nicaraguan sales in foreign markets registered 1.3 million tons and 1,576 million dollars in values, both indicators higher than those of the first six months of the previous year.
The executive exposed as causes of these values that, unlike other countries, Nicaragua did not close its economy and kept all its services of procedures and operations in place.
For his part, the head of Finance and Public Credit, Ivan Acosta, noted that the nation projects exports worth $2.75 billion dollars by the end of 2020.
The minister said that the national economy was on a stable growth path since September 2019, a trend that was interrupted in March with the arrival of the pandemic, but that it did not prevent positive export numbers from being maintained.
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