LIGHT MANUFACTURING IN NICARAGUA
The light manufacturing industry is an important economic engine and one of the most dynamic sectors of Nicaragua’s economy. In recent years, manufacturing companies operating under the free trade zones system have significantly and consistently contributed to the country’s total exports, representing almost 39 percent of these in 2015. Additionally, the manufacturing of goods has come a long way in diversifying its processes, becoming gradually more sophisticated.
LIGHT MANUFACTURING EXPORTS IN 2015
Source: National Free Trade Zones Commission (CNZF, for its acronym in Spanish), November 2015.
|Textiles and Apparel||Dress shirts, t-shirts, denim pants, footwear|
|Automotive Parts||Automotive harnesses, connectors|
|Others||Medical equipment, assemblies, jewelry, solid residues, plastic bags, others|
INTERNATIONAL MANUFACTURING COMPANIES INVESTING IN NICARAGUA INCLUDE
To learn more about the reasons that make Nicaragua the ideal destination for investment projects in the light manufacturing industry, visit our section Competitive Advantages.
MAIN INVESTMENT OPPORTUNITIES
MANUFACTURING OF AUTOMOTIVE COMPONENTS
Nicaragua’s exports of auto wire harnesses represent an 11 percent of the country's free zones system, becoming one of the most significant activities within it. Additionally, there is a wide variety of investment opportunities related to the fabrication of other automobile components, such as carpeting, seat covers, and interiors among others.
Nicaragua is emerging as a very attractive platform for footwear manufacturing operations. Currently, the country exports leather footwear, synthetic sandals, rubber boots, and industrial footwear. The country's strategic location and connectivity to the rest of the world, as well as the multiple benefits derived from its preferential access agreements, amplify its potential to export to less traditional markets.
CONTACT OUR INDUSTRY-SPECIALIZED ADVISORS
Our investment advisors specialized in Nicaragua's light manufacturing industry can assist you during your project's entire process with complimentary services that include:
- Tailor-made information packages and research to answer general and specific questions in order to determine the project's feasibility.
- Customized presentations about Nicaragua and its light manufacturing industry, via telephone, skype or during your site visit.
- Assistance coordinating your site visits and facilitation in customized work agendas that include meetings with institutions and companies relevant to your project.