TFO Canada has been facilitating trade and export development in developing countries since 1980. Learn about our history through the media coverage archives, with stories from the field dating back over 15 years!
Canada looks for fruits and vegetables in NicaraguaThursday, August 10, 2017 > 13:45:43
The Canadians will establish a first contact with Nicaraguan producers in the business roundtables of EXPOAPEN2017, an event that will be held on September 1 and 2, Arana said.
The business roundtables allow national suppliers to approach international buyers to establish new markets and businesses, as they are a way for Nicaragua to present its exportable offer.
EXPOAPEN will bring together national companies that sell various products, such as meat, roots and tubers, cereals and oilseeds, grains and seeds, among others.
The national producers will meet with the Canadian importers and they will also be able to meet with buyers from the United States, Central America, Mexico, Puerto Rico, and Ecuador at EXPOAPEN.
Well established companies
Each of the Canadian companies that are part of the trade mission are well consolidated and have established trade ties with producers in developing countries.
M & M Twins, for example, has been in the business of importing and exporting ethnic products for 35 years, offering a range of 200 products from ten countries, such as coconut products, jams, jellies, fruits, and nectars, among others.
Grace Foods Canada offers a wide range of food and beverage choices ranging from coconut water, soft drinks, tropical juices and snacks such as banana.
Another company interested in establishing commercial ties with Nicaraguan producers is Carribbean Specialty, a company established in 1999 that is dedicated to the fresh fruit and vegetable industry.
"EXPOAPEN provides Canadian companies a range of opportunities to do business and develop sustainable business relationships with the exporters participating in the fair. These importers have been evaluated and approved by TFO Canada," Gonzalez added.
Canada, an important partner
Canada, the second largest country in the world, has a population of 36.6 million people, and it is consolidating itself as one of Nicaragua's main markets, as it was the fifth most important market for Nicaraguan exports in the first Semester of this year.
Between January and June this year, exports to Canada totaled US $ 36.6 million, 25.5 percent more than in the same period of 2016 when Nicaragua only exported 29.1 million dollars to Canada, according to data from the Center of Exports, Cetrex.
Excluding sales to the Central American Region, only the exports to the United States (US $ 640 million) and Venezuela (US $ 84.6 million) surpassed the country's sales to Canada in the first six months of this year.
The promotion of fresh fruits and vegetables is a potential opportunity for Nicaraguan producers who want to access this destination, as consumption of exotic products and non-traditional vegetables in the Canadian market, a place where many different cultures coexist, has become more dynamic.