This growth is mainly due to the 17.2-percent increase in exports, the Central Bank of Nicaragua (BCN) announced.
Nicaragua’s main financial institution reported that total imports registered a 33.7-percent inter-annual increase, due in part to higher international market prices.
According to the BCN, total exports amounted to 1.267 billion dollars; that is, a 25.2-percent growth.
The BCN report highlighted the dynamism of manufacturing, mining and agricultural exports, as well as free trade zone shipments.
The bank also reported that accumulated imports up to February totaled more than 1.5 billion dollars, accounting for a 39.4-percent inter-annual growth.
At the end of March, Nicaragua’s total exports of goods reached nearly seven billion dollars from free trade and general zones.