Venezuela buys 12.56% of Nicaragua exports
Nicaragua's global exports have increased by 11% in 2012
The United States remains the largest destination for exports from Nicaragua, followed by Venezuela and Canada. As a whole, the three countries buy more than half of all products sold by the Central American country.
Venezuela buys 12.56% of Nicaragua exports, as shown by the latest Nicaraguan statistics.
State-run Center for Exports (Cetrex) said that Nicaragua exports amounted to USD 1.19 billion in products in the first five months of this year, up 11% from USD 1.07 billion in the same period in 2011.
Between January and May, Nicaragua's exports to Venezuela totaled USD 149.4 million.
At the recent UN climate summit President Nicolás Maduro gave a speech on global warming highlighting the fact that "Capitalism has ignored over decades nature's capacity to load and recover," and, accordingly, "if we want to change climate, we need to change the system."