Harness exports remain negative • El Nuevo Diario



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Exports of Nicaraguan harnesses, included in the free zone regime, generated US $ 219.9 million between January and May 2018, lower than the same period of 2017, ie US $ 257 million .

the foreign trade report, the Central Bank of Nicaragua, the decline in sales of harnesses abroad, in the cumulative of the first five months of this year, compared with the same period of 2017, was 14.4%. [19659003] Weight in Free Zone Exports

Between January and May of this year, the value of exports of these products represented 18.6% of the total value of exports from the free zone.

Harnesses for the auto industry rank second among free zone exports, only after textile products, which generated 711.5 million US dollars.

 According to the communication sent by Cadin, it is the individual private employer. more important in Nicaragua. EFE  END

The United States was the main destination of Nicaraguan harnesses: 69.6% of the total.

In a dive

However, harness exports declined and could not raise their heads, as reflected in BCN statistics.

From January to May 2016, exports of these products generated about US $ 283 million, or $ 63 million more than in January-May 2018.

Already in the January period to May 2017, they reflected a reduction of more than 10%. In the foreign trade report for this period, the NCB explained that this decrease was due to an "84.3% reduction in sales to the Mexican market".

In 2018, harness exports only decreased. In January, they recorded a decrease of 8.9% compared to January 2017, due, according to the Central Bank, to "the steady decline in sales to the US market (-68.3%), which did not not offset by higher exports. to the Mexican market (353%), because in absolute value, the values ​​exported are lower. "

In January-February 2018, compared to the same period of 2017, the decrease was 12.3%." Mexico was the main destination of these products: 55.7% of the total, according to the NCB. 19659002] Over the periods from January to March 2018 and from January to April 2018, compared to the same periods of 2017, the decline was accentuated 16%

The United States has positioned itself as the main destination in recent months, followed by the Mexican market.

According to the January-March 2018 Foreign Trade Report, United was the main destination of harness exports, accounting for 57.4% of the total, followed by Mexico, with 41.8%.

Meanwhile, in January-April 2018, the United States was the main destination of these products, with 66.3% of the total.The report omitted the percentage of the Mexican market [19659012] From January to March 2018, the United States remained the destination Nicaraguan teams, with 69.6% of the total. Concern

Concern

On July 16, the Nicaraguan Chamber of Industries (Cadin) announced in a press release the visit made by the Japanese ambassador to Nicaragua, Yasuhisa. Suzuki, at Yazaki facilities Nicaragua, one of the companies that makes harnesses in this country.

According to Cadin's communication, Suzuki visited the Yazaki factory 2 in Nicaragua, in León, and declared herself concerned about the current situation

 The United States has positioned as the main destination in recent months, followed by the Mexican market

"Ambassador Suzuki visited the factory to speak with staff and express concern for the well-being of workers and the # 39; future of the operation of the company because of the situation that is experienced in the country, "said the note. ] Only this company, of Japanese origin, generates about 12,000 jobs in the country.

According to the communication sent by Cadin, it is the largest private employer in Nicaragua.

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