Main Economic Activities
Nicaragua's Caribbean Coast represents 23% of the total agricultural area, over 80% of the forest area, 70% of the fishing production and 60% of the country's mining resources.
The Caribbean Coast has enormous potential for forestry activities. The region represents an estimate of 37,394 km2 of land with potential for timber production of high commercial value such as mahogany, laurel, and teak.
Approximately 30 percent of the Caribbean Coast’s labor force forms part of the agriculture industry. The region has vast land extensions ideal for the production of coffee, cocoa, palm oil, coconut, bamboo, and rubber.
The RACCN represents the largest mining region in the country with an estimate of 388 hectares of metallic and non-metallic concessions, particularly in the municipalities of Rosita, Bonanza, and Siuna. Out of this total, only 222 hectares are currently being exploited.
Fishing is a fundamental part of the life and culture of the Caribbean Coast. By 2016, the region contributed to the national fisheries production in 23.74 million pounds, out of which 76 percent was exported with a value estimated at US$126 million.
With the inauguration of its first call center, the Caribbean Coast is starting to position itself as a reference point for the outsourcing industry. This region has an enormous potential for high-quality BPO, ITO and KPO operations, due to its young and bilingual labor pool.
The saturation of traditional touristic destinations in the Caribbean, as well as the price increases at these locations, create an important opportunity for the Nicaraguan Caribbean to present new offers at attractive prices. Furthermore, it is an excellent opportunity to increase not only the number of tourists but also of investors in the hospitality and tourism industry overall.