In the first two months of 2022, exports to Taiwan registered a decrease of 9.2 million dollars compared to the same period last year, when the regime of Daniel Ortega and Rosario Murillo still recognized the independence of the Asian country and benefited from the diverse programs and projects that the island executed in the Central American nation.
On December 9, 2021, the Nicaraguan regime broke off relations with Taiwan and decided ally with China. The island country bought a total of 8 million 443 thousand 749.6 dollars from Managua. The main export products were beef, farmed shrimp, golden coffee, edible offal and bovine viscera, according to statistics published by the Export Procedures Center (Cetrex).
Related news: Nicaragua increases exports to the US in the first months of 2022. China and Russia, with tiny purchases
The country rejected by Ortega was the main buyer of Nicaragua in the Asian continent in 2021 with shipments in the order of 85 million 709 thousand 882.8 dollars.
While the Nicaraguan dictatorship intends to expand cooperation with the Asian giant, the truth is that the statistics of shipments to China are far below those of its former partner Taiwan. From January 1 to February 28, mineral products, oils and fats were exported to China for a value of 2 million 775 thousand 40.6 dollars, with an increase of 1.3 million dollars.
Exports of coffee, gold and peanuts from Nicaragua to the Russian Federation totaled 2 million 542 thousand 462.9 dollars, a drop of 242.6 thousand dollars. These two nations, along with Hong Kong, were the ones that bought the least Nicaraguan products. The other Asian countries with the highest export value are Japan (gold coffee, sesame, edible offal and bovine viscera), the United Arab Emirates (gold coffee, raw gold) and Jordan (gold coffee).
Exports grow
Merchandise exports under the general regime of Nicaragua totaled 671.5 million dollars in the first two months of the year, which is equivalent to a growth of 117.08 million dollars (21.1%) compared to the same period of the previous year. In the period from January 1 to February 28, the products with the greatest contribution were raw gold, followed by gold coffee and beef. The year-on-year increase is attributed to the increase in the volume exported (15.5%) and international prices (4.8%), indicates the public entity.
The main export destination continues to be the United States, which presented an increase of 60 million 367 thousand dollars. Raw gold, gold coffee, beef, seafood, cane sugar, oils and fats were sent to the North American country; lobsters, beans, among other products, for a value of 313 million 513 thousand 661 dollars. Despite the fact that Daniel Ortega’s regime tries to get closer to its allies Russia and China, these countries continue to be among those that buy the least from Nicaragua in Asia.
