Tobacco Sector Exceeds Expectations
Tuesday, November 28, 2017
In the first ten months of 2017, tobacco exports totaled $188 million, and the union of Nicaraguan producers estimates that by the end of the year they will have exceeded the annual goal of $218 million.
The $188 million generated from tobacco exports between January and October of this year represents 85% of the goal set by the tobacco industry for this year.

The president of the Central Bank of Nicaragua, Ovidio Reyes, told that "...That is 85% of the goal that we had set for ourselves with the sector, which is worth $218 million at the end of 2017, we believe that it will easily be achieved. We talked to them about these expectations and possibly even surpassing them," said the leader."

See: "Investment in the tobacco industry"

"... For his part, the president of the Chamber of Tobacco Producers of Nicaragua, Anielka Ortez, said that the country 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 of this year, we are practically in first place, even though the Dominican Republic is one of the strongest countries in terms of exports of Premium cigars'."

Request more information:
Last Name*
Telephone (choose your Country):*

Size of the Company:*
Yes, I want to receive a call from a salesperson*
this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423
More on this topic
Tobacco: Booming Industry in Nicaragua
June 2019
There are 70 cigar factories in the country that produce close to 5,000 brands, and the sales they make to the U.S. surpassing the sales made in that country by companies from the Dominican Republic and Honduras.
Figures from the Cigar Association of America indicate that in 2018 Nicaragua exported 140 million cigars to the North American country, a figure surpassing the 95 million sold by companies in the Dominican Republic and the 75 million exported by Honduras. However, the goal of the Nicaraguan industry is to gain a greater presence in Europe, a market that until now has been dominated by products from Cuba.
Meeting of the Tobacco Sector in Nicaragua
January 2018
From January 22nd to 27th businessmen and investors will be visiting plantations and taking part in business meetings as part of the International Festival Puro Sabor.
The event will begin in Granada, but visits will also be made to Rancho Santa Ana in Rivas and Estelí.  The Nicaraguan Chamber of Tobacco Producers (CNT), organizer of the Puro Sabor International Festival, expect the participation of 200 people from thirty countries.
Nicaragua: Tobacco Exports Up 19%
October 2017
Premium cigars led Nicaraguan tobacco sales abroad in the first half of the year, registering a 19% increase over the same period in 2016.
Due in part to the promotion of several cigar brands that entered the US market before the first half of last year, tobacco sales increased from $81.7 million in the first half of 2016 to $96.9 million in the same period this year. 
Nicaraguan Tobacco for China
January 2015
Increasing the amount of land planted, consolidating markets where there is already a presence and exporting cigars to China are part of the tobacco industry's goals for 2015.
It is expected that in 2015 tobacco exports will grow by 5% and reach new markets such as those in China, Morocco and other Middle Eastern countries, where it is estimated that cigars would be very well received. These new destinations would join the 79 countries where sales are already being made. In 2013 total exports amounted to $227 million.
Key entities
Cámara de Tabacaleros de Nicaragua
Tobacco production plant tobacco industryexports Agroindustry
tobacco industry
Tobacco production plant
Daily Update Government PurchasesDownload brochure (only in spanish)Trade Inteligence Subscriber Access NewsletterContact Us MarketDataMexico Español
2008-2021 ©
Trade InteligenceWho we areContact Us