Exporting to Nicaragua
Demand for UK goods and services
UK exports to Nicaragua have continued to grow. They totalled £22 million in the year up to June 2019, an increase of 37.5% on the previous year (ONS, 2019). The best opportunities for UK exporters in the country are currently available in the mining, agriculture, renewables and infrastructure sectors.
Demand for goods and services
In the year to end of June 2019, the leading types of goods imported by Nicaragua from the UK were toilet and cleansing preparations, metal manufactures, chemicals, industrial machinery and electric motors (ONS, 2019). The top services imported by the country in the same year were transport, travel, business services, and insurance and pension services (ONS, 2019). If your business provides these goods and services, Nicaragua could be a good market for you.