nicaraguan cattle industry 2016€¦ · nicaraguan cattle industry •cattle herd = 5.5 m •annual...

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