Nicaragua

EASY & RELIABLE INTERNATIONAL FREIGHT SHIPPING TO NICARAGUA
BEST RATES GUARANTEED!

Looking for an easy way to ship your cargo to Nicaragua?
Choose the best freight forwarder to transport your goods to Nicaragua safely and on time.

Exporting goods to Nicaragua, whether it is for the first time, or on a regular basis, can be a challenging experience. There are many elements to consider when shipping to a country such as Nicaragua.
If you are in Canada or the US and not entirely familiar with the Latin American market, you should consider a cargo shipping company that knows the business culture, the language, the customs regulations and has a proven track record of success when it comes to shipping to Nicaragua.

WHAT CAN YOU EXPECT IN NICARAGUA?

Regulations in Nicaragua are not only very different from the ones in the US or Canada, communication methods and business etiquette are also very distinct:
● Corporate culture in Nicaragua is relationship-driven. Known as reserved but friendly people, Nicaraguans value trust, honor & camaraderie. They attach great importance to personal relationships rather than formal business connections which is the norm in the US or Canada. Therefore, it is important to develop easy going business “friendships”, as Nicaraguans may be more loyal to you personally rather than to the company you represent. Third-party contacts are also a key to business success in Nicaragua. An established person vouching for you and presenting your company will help you gain trust in the market.
● Nicaraguans have a more relaxed perception of time management than Americans and Europeans, however punctuality is expected for business appointments.
● It is also important to consider the language as a possible barrier. Although most highly-educated business executives speak English fluently, the average person speaks only Spanish.

QUICK FACTS ABOUT NICARAGUA (2018)

Capital: Managua
Other Large Cities: León, Masaya, Matagalpa, Tipitapa, Chinandega, Jinotega, Granada
Population: 6,465,513 (Urban Population: 58.5%)
Official languages: Spanish
Time Zone : GMT - 6
Currency: Nicaraguan Cordoba Oro (NIO)

ECONOMIC SNAPSHOT ( Source: IMF - World Bank, 2018)

GDP: 13.12 billion USD (GDP Growth: -4.0 % / GDP per capita: 2,031 USD)
Inflation Rate: 4.9%
Unemployment Rate: 6.1%
Total Imports of Goods: 6.60 billion USD
FDI Inward Flow: 0.36 billion USD (2.7% of GDP)
Ease of Doing Business Score (2019): 132th / 190

WHY DOING BUSINESS WITH NICARAGUA IS THE RIGHT DECISION

Nicaragua is the largest country in Central America. It offers a unique and dynamic background for companies looking to expand internationally.
Although its economy contracted in 2018, Nicaragua has experienced considerable economic growth since 2009. The country’s economic performance is tied to different activities such as agriculture, forestry and fishing, textile, apparel and other light manufacturing. Nicaragua has significant market potential in the mining, energy, chemicals and machinery industries. Furthermore, it has developed free trade agreements with several countries including USA, Mexico, Dominican Republic, Panama, Chile and the European Union.

The need for shipping to and from Nicaragua has been increasing exponentially during recent years. With LAC by your side you will reinforce your company’s cargo shipping capability to Nicaragua.
Our experienced professionals are very familiar with the market requirements in Nicaragua which is very important to avoid delays during the importation process. We provide you with all the necessary tools to break into the Nicaraguan market, headache free.

NICARAGUA TRADE OVERVIEW

MAIN IMPORTS: Petroleum, Machines & Fabrics For Textile Processing, Medicaments, Plastics, Logistics Material
MAIN EXPORTS: Cotton Apparels, Electrical Wire, Coffee, Gold, Meat, Fishes And Crustaceans
INDUSTRIES WITH STRONG BUSINESS OPPORTUNITIES: Mining, Agriculture, Renewables Energies, Construction, Petrol Refining
PRINCIPAL TRADING PARTNERS: USA, China, Mexico ,El Salvador, Honduras, Costa Rica, Guatemala, Europe (United Kingdom, Germany, Belgium), Colombia, Brazil

KNOW MORE

What makes us your ideal logistics partner?

Every country in every continent offers a unique mix of laws, guidelines, customs regulations, documentation requirements, controlled or prohibited goods lists, communication norms, and cultural biases. If you want to be successful in penetrating the Nicaraguan market, you will need a logistics partner that understands the Nicaraguan culture, the business landscape and speaks the local language as well.

Every country in every continent offers a unique mix of laws, guidelines, customs regulations, documentation requirements, controlled or prohibited goods lists, communication norms, and cultural biases. If you want to be successful in penetrating the Nicaraguan market, you will need a logistics partner that understands the Nicaraguan culture, the business landscape and speaks the local language as well.

We have your company’s best interests at heart, if you want to be successful in Nicaragua, Latin American Cargo is the best freight forwarding company for you.

LAC Mascot Shipping to Latin American Cargo

IMPORT AND CUSTOM PARTICULARS

We have your company’s best interests at heart, if you want to be successful in Nicaragua, Latin American Cargo is the best freight forwarding company for you.

WHAT PAPERWORK IS NEEDED FOR INTERNATIONAL SHIPMENTS TO NICARAGUA?

Documentation requirements vary depending on the category of goods being shipped, and can get quite extensive. They usually include: Commercial invoice, Bill of lading / Air waybill, Packing list, Insurance certificate, Certificate of Origin (if required). To avoid delays or hassles when shipping to Nicaragua, your packing list must be as detailed as possible. Vague wording like “miscellaneous” attracts negative attention and further inspections.

WHAT ARE THE REGULATIONS AND RESTRICTIONS WHEN SHIPPING TO NICARAGUA?

Regulations can be strict on certain categories of goods being imported to Nicaragua. Prior authorization or special permits may be needed for certain items such as agricultural products, processed foods, pharmaceutical, cosmetics or antiques. Prohibited commodities include certain used vehicles, used clothing and accessories, used tires, certain used machinery and all types of toxic wastes or dangerous residues.

Duties and tariffs are usually based on the total value of the shipment in question, and depending on how well-documented the cargo is, those values could be determined by the judgment of Customs Officials on the spot.

Shipping cargo to Nicaragua is easier with LAC as we have overcome these obstacles many times and have developed a thorough understanding of the customs procedures.

MAIN OCEAN PORTS AND CARGO AIRPORTS WHEN SHIPPING TO / FROM NICARAGUA

MAIN CARGO AIRPORTS: Managua (MGA)
MAIN CARGO CONTAINER PORTS: Corinto

Ship freight to Nicaragua from anywhere in the world

Ship containers or any type of goods to Nicaragua with our ocean and air freight forwarding services. Our skills and knowledge make us your most reliable partner when shipping freight to Nicaragua from anywhere in the world: the US, Canada, China, Europe, and more.