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Nicaragua seeks bigger chocolate market slice

Friday, May 9, 2014

The world’s soft spot for chocolate could become an economic strength for several Latin American countries, especially emerging cocoa producers such as Nicaragua.

Nicaragua wants to capitalize on this appetite with a gourmet, organic and top quality product that is better than that of its direct competitors: Brazil and Ecuador, which are among the ten largest producers in the world.

According to official figures, as of November 2013 cocoa had generated US$5.23 million in revenue for the country, 25 percent more than in all of 2012.

Source: World Bank