Since the CAFTA-DR free trade agreement was signed in 2006, Nicaraguan exports to the United States have increased by 70%, including items like coffee, precious stones, tobacco, and meat. 100% of American products can enter the country without tariffs. The Nicaraguan population is very young, with almost 70% of the people under 35, and very familiar with American brands. In fact, US exports to Nicaragua are a billion-dollar industry, including items like machinery, fuel, and vehicles.
Legal institutions are weak in Nicaragua, which can cause delays and disputes with shipments and property rights. The Customs authority can also be difficult for foreigners, often subjecting shipments to extra inspections, fees, and delays. With this kind of insecure atmosphere, it’s absolutely paramount to have people on the scene that you can trust who know and understand the complicated Nicaraguan business caste.
However, there are plenty of market opportunities in Nicaragua for the ambitious entrepreneur. Tourism is a huge sector for foreign investment. Construction, as well as food packaging and processing, are both areas of opportunities for interested foreign parties.
Having a team on the ground that is familiar with Nicaraguan shipping procedures and local regulations is key. Cargomax International guarantees negotiated rates to most Nicaragua ports and airports from the following list of countries: United States, Canada, China, Korea, Vietnam, Indonesia, Malaysia, Singapore, Mexico, Costa Rica, Salvador, Honduras, Guatemala, Panama, Colombia, Venezuela, Peru, Chile, Ecuador, Bolivia, Argentina, and Brazil.

When you partner with Cargomax International Inc., you can rest easy knowing your business is represented with professionalism and expertise.