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February 16, 2012

NICARAGUA: Apparel exports continue to surge

Nicaragua's clothing exports are continuing to grow, with the country becoming the world's eleventh largest apparel exporter to the US by volume in the eleven months to November 2011.

Nicaragua’s clothing exports are continuing to grow, with the country becoming the world’s eleventh largest apparel exporter to the US by volume in the eleven months to November 2011.

Over the same period the country became the twelvth largest exporter to the US by value.

Between January and November 2011, the US Department of Commerce’s Office of Textiles and Apparel said that general imports to the US from Nicaragua grew by 37.6% in value to reach US$1.28bn and 17.8% in volume, reaching 389m square metres.

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