International Trade Experts!

Linkedin Facebook Youtube Instagram Twitter
en_US EN
en_US EN es_ES ES
Login
Store

Business opportunities in Nicaragua

2023-25-01 Nicaragua - Crisalia González

We invite you to have coffee and to learn for the first time in our interview space, about NicaraguaIn addition, she will give us a context of business opportunities in a Central American country, Lic. Crisalia Gonzalez. Foreign Trade Specialist, who has experience in exports and imports of goods.

Crisalia González
Foreign Trade Specialist
Nicaragua
25-Jan/23
Play Video

This video features an interview with an international trade expert from Nicaragua. It discusses topics such as economic growth, export sectors, trade opportunities with other countries, requirements for doing business in Nicaragua, and recommendations of places to visit and typical dishes to try. The expert also provides information on services and transportation in Nicaragua, as well as import times and aspects to consider when doing business in the country.

00:03 - International trade in Nicaragua and its economic growth

  • 00:03 - Presentation of Nicaragua and the special guest
  • 01:06 - Guest's professional and academic experience
  • 03:01 - Characteristics of Nicaragua and its economic growth
05:55 - Trade opportunities between Nicaragua and other countries

  • 06:00 - Nicaragua is diversified in seafood exports, livestock and manufacturing.
  • 06:54 - Nicaragua's main trading partners include the United States, the Dominican Republic, South Korea and the European Union.
  • 08:29 - Nicaragua has had a positive acceptance of Colombian products such as footwear, fashion, hair products and handbags.
  • 09:14 - Nicaragua exported agricultural products to Colombia, while Colombia has opportunities in pharmaceuticals, machinery, cosmetics, confectionery, among others.
  • 11:08 - Nicaragua exports oilseeds, grains, timber and rum, while Peru has good cotton for trade.
11:50 - Textile business opportunities in Nicaragua and key aspects to negotiate with Nicaraguan businessmen

  • 11:56 - The opportunity to introduce 100% cotton textiles into Nicaragua for manufacturing
  • 14:51 - The importance of considering key aspects such as business culture and distribution channels in Nicaragua
  • 17:14 - Centralized decision-making power in Nicaraguan family businesses and the importance of price, quality and logistics in negotiations
17:43 - Doing Business in Nicaragua: Punctuality, Formality and Requirements

  • 17:43 - Punctuality is not strict in business meetings.
  • 18:22 - Documentary formality is not a priority in the initial negotiations.
  • 22:00 - The import process can take about 3 months, including the sanitary license.
23:36 - Opportunities in Nicaragua: Licenses, Typical Food and Tourist Sites

  • 23:40 - The licensing process is necessary for health and food introduction.
  • 24:22 - Typical food to try in Nicaragua includes biberón, chancho con yuca and tortilla.
  • 25:56 - Recommended tourist sites in Nicaragua are the Masaya Volcano, San Juan del Sur and the San Juan River.
  • 27:04 - There are opportunities in the service and transportation sector in Nicaragua, but with strict government regulations.
29:31 - Information on main cities and business opportunities in Nicaragua

  • 29:31 - LinkedIn is a useful tool to contact Crisalia González.
  • 30:01 - Nicaragua offers business opportunities in cities such as Managua, Chinandega and León.
  • 31:25 - Invited to explore business opportunities in Nicaragua and other countries through digital channels

Welcome!

¡La internacionalización es el camino!

¡Únete a nuestra comunidad en línea para descubrir contenido exclusivo y mantenerte al tanto de información valiosa sobre la internacionalización de empresas!. 

Tus datos personales se utilizarán para procesar tu registro, mejorar tu experiencia en esta web, gestionar el acceso a tu cuenta y otros propósitos descritos en nuestra política de privacidad.