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Nicaraguan Cattle Industry2016
Nicaraguan Cattle Industry
• Cattle Herd = 5.5 M
• Annual cattle heads production = 800,000 (average last threeyears)
• Cattle on Feedlot = 21% of production and increasing
• Controlled BSE risk
• FMD free where vaccination is not practiced
• Employment = 600,000 people
• NCI = 27% total Export of Nicaragua
Nicaraguan Cattle Industry
• Export to USA = 37,250 MT (Average last three years into OtherQuota)
• DR-CAFTA: 2016 = Quota: 15,500 MT - Tariff out of quota = 7.0%
2017 = Quota: 16,000 MT - Tariff out of quota = 5.3%
2020 = free access
• Mainly Free Trade Agreements with:
1.- USA and Dominican Republic. 5.- Chile
2.- European Union (ADA) 6.- South Korea (finishig on 2016)
3.- Mexico
4.- Taiwan
USA
22%
CENTRAL AMERICA
41%
VENEZUELA
15%
MEXICO
5%
TAIWAN
3%
OTHER
14%
EXPORTS OF NICARAGUAN CATTLE INDUSTRY JAN - AUG 2016: US$454MD
Source: Cetrex
USA18%
CENTRAL AMERICA
42%
VENEZUELA18%
MEXICO6%
TAIWAN2%
OTHER14%
EXPORTS OF NICARAGUAN CATTLE INDUSTRY JAN - AUG 2016 : 137,000 MT
Source: Cetrex
THANKS