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The tobacco sector in Nicaragua exported 188 million dollars until October

The Nicaraguan tobacco industry exported, to October, a total of 188 million dollars, government media reported today.

Managua, Nov 27 (EFE) .- The Nicaraguan tobacco industry exported a total of 188 million dollars until October, government media reported today.

After the meeting of the System of Production, Consumption and Trade with the leaders of the tobacco sector, the president of the Central Bank of Nicaragua, Ovidio Reyes, explained that 85% of the annual goal has been achieved.

"Ese it is 85% of the goal that we had set for ourselves with the sector, which is worth 218 million dollars at the end of 2017, we believe that it will easily be achieved. These expectations and possibly even overcome them, "said the leader.

For its part, the president of the Chamber of Tobacaleros of Nicaragua, Anielka Ortez, said that the country Central America has become the main exporter of cigars in the region, mainly to the United States, which represents 85%.

"With the data we have from January to June this year we are practically in first place, despite the fact that the Dominican Republic is one of the strongest countries compared to exports of Premium cigars, "he stressed.

Ortez He added that according to his figures, "we have 70 million cigars exported in the first semester and the Dominican Republic has 59 million."

The president of the sector remembered that year after year the quality is improved by making a greater investment in training and in the planting areas.

Currently, the area of ​​sowing of tobacco is 2,700 manzanas, although It expects to close the cycle by 5,000.

The tobacco industry employs about 30,000 people in Nicaragua, most of them foreign entrepreneurs.

Last year 200 million dollars were exported to the United States and Europe, mainly, according to the Chamber.

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