Given its strategic location, productive labor force, attractive investment opportunities, and generous fiscal incentives, Nicaragua has positioned itself as one of the most dynamic platforms in the Western Hemisphere's for manufacturing operations, whose exports reach the largest markets in the world.
Nicaragua's Textile & Apparel industry is an important development engine for the national economy, as it employed nearly 59,000people by the end of 2010 and, during the same year, exported 362.4 million square meter equivalents (SMEs), valued at US$1,017.5 million. This was indeed a record year in Nicaragua apparel exports history, and it shows a strong recovery after the international crisis that affected the global apparel industry.
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Originally Published in New Cloth Market, November-2011
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