List of companies of Nicaragua explained

Nicaragua is the largest country in the Central American isthmus. Nicaragua's capital, Managua, is the country's largest city and the third-largest city in Central America. Nicaragua is primarily an agricultural country; agriculture constitutes 60% of its total exports which annually yield approximately US $300 million.[1] Nearly two-thirds of the coffee crop comes from the northern part of the central highlands, in the area north and east of the town of Estelí.[2] Yields and exports have both been declining since 1985. Today most of Nicaragua's bananas are grown in the northwestern part of the country near the port of Corinto; sugarcane is also grown in the same district. Cassava, a root crop somewhat similar to the potato, is an important food in tropical regions. Cassava is also the main ingredient in tapioca pudding. Nicaragua's agricultural sector has benefited because of the country's strong ties to Venezuela. It is estimated that Venezuela will import approximately $200 million in agricultural goods.[3] In the 1990s, the government initiated efforts to diversify agriculture. Some of the new export-oriented crops were peanuts, sesame, melons, and onions.

Mining is becoming a major industry in Nicaragua,[4] contributing less than 1% of gross domestic product (GDP).

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notes and References

  1. News: General Information – Nicaragua: Economy. 2014-01-04. 2011-08-28. https://web.archive.org/web/20110828041455/http://centralamerica.com/nicaragua/info/general.htm#economy. dead.
  2. http://ea.grolier.com/article?id=0286870-00 "Nicaragua."
  3. Web site: Sánchez. E. Nicaragua Plans to Sell Over $200 Million to Venezuela – CentralAmericaData :: The Regional Business Portal. CentralAmericaData. 2010-03-29. 2010-06-26.
  4. Dan Oancea: "Mining In Central America"